Please use this identifier to cite or link to this item: http://ir.futminna.edu.ng:8080/jspui/handle/123456789/16939
Title: An operational performance of Apapa seaport, Lagos complex, Nigeria
Authors: Akorede, Ibrahim Ayinla
Ojekunle, Joel Ademola
Ajiboye, Araoye Olarinkoye
Owoeye, Adelanke Samuel
Keywords: Seaports
SFA model
Productivity
Turnaround time
Efficiency
Issue Date: Oct-2021
Publisher: Indian Journal of Engineering-Discovery Scientific Society
Citation: Akorede IA, Ojekunle JA, Ajiboye AO, Owoeye AS, An operational performance of Apapa seaport, Lagos complex, Nigeria. Indian Journal of Engineering, 2021, 18(50),391-397.
Series/Report no.: 18(50);
Abstract: Performance measure is an area of interest to economist and policymakers because, major sources of economic growth and welfare improvement rely on the productivity growth. This study centres on the efficiency and productivity of Apapa port, Lagos complex Nigeria, aimed at determining the productivity and efficiency level of Apapa seaport using turnaround time, Berth occupancy, personnel strength and revenue generation as output and input index respectively. The study analysed the secondary data sourced from Nigeria Port Authority (NPA) between 2003 and 2017 using Stochastic Frontier Analysis (SFA) by the aid of STATA version 11 software. The result of the study shows that Apapa port is performing efficiently at 100% score level in year 2003, 2004, 2011, 2013 and 2014 respectively. The mean operational performance of Apapa seaport for this study were measured at 0.905694 efficiency level, implicating that Apapa seaport were operating at 0.094306 inefficiency level from 2003 to 2017, this occurred because the technique (SFA model) employed by the study considered all the random noise that were present in the variables used. The study recommended that Apapa port can improve her productivity level and overall level of technical efficiency through an adequate financing, furnishing with infrastructure, superstructure include ground handling instrument and by encouraging the private initiative.
URI: http://repository.futminna.edu.ng:8080/jspui/handle/123456789/16939
ISSN: 2319-7765
Appears in Collections:Logistics and Transport Technology

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