Project Infrastructure Management and Economic Growth: The Impact of Seaport Concessioning on Nigeria’s Economic Growth (A Focus on Delta Port)

Abstract

The objective of this paper is to determine the effects of different characteristics of the terminal concessions on port performance in Nigeria sea port (case study of Delta port).The study used mainly secondary data obtained from secondary sources including annual reports of the Nigerian ports authority. Data used covers the period 1995-2010, with 1995-2005 being the pre concession period, while 2006-2010 is the post concession period. The variables were subjected to both trend and time series analyses, using the Minitab statistical software. A time series analysis was used in establishing the nature of an observable fact represented by a sequence of observations, and using current information to predict future values of the time series variable. The recommendations based on the study could help to enhance Nigeria’s benefits from the concessioning policy if adopted.