This paper study examined the effect of privatization on the performance of Nigerian seaports, using pre- and post-privatization data. A Mann-Whitney Wilcoxon (MWW) test was applied to data (secondary) on two major indices of port operation (average berth occupancy and average turn-around time). The result of the analysis showed that on average, the berth occupancy and turn-around time improved from 51.35% to 72.47% and 8.18 days to 4.83 days respectively. It was also found that at a 0.05 level of significance, the concession of Nigerian ports has significantly improved average berth occupancy and average turnaround time of the vessels calling at Nigerian ports. The study emphasises the need to provide enabling environment through the formulation and implementation of effective policies as a way of ensuring optimal performance of the concession model.
1.1 Introduction
In this section, Appraisal of Post-Concession Performance of Nigerian Ports is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.