Seaport operational performance in Nigeria: Case of Apapa Port and Tin Can Island Port

Abstract

This study analyses the seaport performance at Apapa and Tin Can Island Port Lagos using specific port performance indicators. Data used were sourced from Nigeria Ports Authority's operational bulletin records. Cobb Douglas production function and ordinary least square method (OL3) was used for the analysis. E-View software version 10.0 was used for running the analysis. From the analysis, the result shows that Cargo throughput was used as a dependent variable and has the number of employees) with the R2 value of 85.59% for Apapa port and 98 709 for Tincan Island port. The test of the hypothesis shows that there is a significant statistical relationship between the dependent and independent variables at a P-value of 0.05. The result shows that Tin Can Island Port is more productive than the Apapa port from the output summary result and the hypothesis testing. Recommendations were made, emphasizing that there is a need to provide effective port road traffic gridlock, and ease delays in port documentation at the ports. There is also a need for the formulation and implementation of effective policies as a way of ensuring efficiency in the ports.