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The effect of optimal port operations on global maritime transportation: a study of selected ports in Nigeria

The effect of optimal port operations on global maritime transportation: a study of selected... The study examined the effect of optimal port operations on global maritime transportation among selected ports in Nigeria.Design/methodology/approachIt considered research questions such as are the ports in Nigeria functional, are the ports functioning to optimal capacity and are there challenges affecting smooth operations in the Nigerian ports? The study tested the null hypothesis which states that there is no positive and significant relationship between a functional port system and maritime transportation in Nigeria. The nonparametric statistics, chi-square, were used to analyze data. Data were gathered through a questionnaire administered to three major ports in Nigeria, namely Lagos Port Complex (LPC), Port Harcourt Old port and Warri Port.FindingsFrom the analysis, findings showed that there exists a positive and significant relationship between operations in the ports and maritime transportation in Nigeria. Practical implications: The study showed that the moribund state of some ports and terminals will result in loss of jobs and huge revenue, therefore, compounding the menace of unemployment with its associated vices.Originality/valueThe study concludes that the operations of a functional port affect the economic growth of maritime nations. Thus, it is recommended that government and the private sector should collaborate to raise adequate capital for port development and improve the super structures (infrastructures) for optimal port operations in the country among others. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Money and Business Emerald Publishing

The effect of optimal port operations on global maritime transportation: a study of selected ports in Nigeria

The effect of optimal port operations on global maritime transportation: a study of selected ports in Nigeria

Journal of Money and Business , Volume 2 (2): 13 – Nov 18, 2022

Abstract

The study examined the effect of optimal port operations on global maritime transportation among selected ports in Nigeria.Design/methodology/approachIt considered research questions such as are the ports in Nigeria functional, are the ports functioning to optimal capacity and are there challenges affecting smooth operations in the Nigerian ports? The study tested the null hypothesis which states that there is no positive and significant relationship between a functional port system and maritime transportation in Nigeria. The nonparametric statistics, chi-square, were used to analyze data. Data were gathered through a questionnaire administered to three major ports in Nigeria, namely Lagos Port Complex (LPC), Port Harcourt Old port and Warri Port.FindingsFrom the analysis, findings showed that there exists a positive and significant relationship between operations in the ports and maritime transportation in Nigeria. Practical implications: The study showed that the moribund state of some ports and terminals will result in loss of jobs and huge revenue, therefore, compounding the menace of unemployment with its associated vices.Originality/valueThe study concludes that the operations of a functional port affect the economic growth of maritime nations. Thus, it is recommended that government and the private sector should collaborate to raise adequate capital for port development and improve the super structures (infrastructures) for optimal port operations in the country among others.

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Publisher
Emerald Publishing
Copyright
© University Ovuokeroye Edih, Fidelia Igemohia and Nyanayon Faghawari
ISSN
2634-2596
eISSN
2634-260X
DOI
10.1108/jmb-07-2022-0037
Publisher site
See Article on Publisher Site

Abstract

The study examined the effect of optimal port operations on global maritime transportation among selected ports in Nigeria.Design/methodology/approachIt considered research questions such as are the ports in Nigeria functional, are the ports functioning to optimal capacity and are there challenges affecting smooth operations in the Nigerian ports? The study tested the null hypothesis which states that there is no positive and significant relationship between a functional port system and maritime transportation in Nigeria. The nonparametric statistics, chi-square, were used to analyze data. Data were gathered through a questionnaire administered to three major ports in Nigeria, namely Lagos Port Complex (LPC), Port Harcourt Old port and Warri Port.FindingsFrom the analysis, findings showed that there exists a positive and significant relationship between operations in the ports and maritime transportation in Nigeria. Practical implications: The study showed that the moribund state of some ports and terminals will result in loss of jobs and huge revenue, therefore, compounding the menace of unemployment with its associated vices.Originality/valueThe study concludes that the operations of a functional port affect the economic growth of maritime nations. Thus, it is recommended that government and the private sector should collaborate to raise adequate capital for port development and improve the super structures (infrastructures) for optimal port operations in the country among others.

Journal

Journal of Money and BusinessEmerald Publishing

Published: Nov 18, 2022

Keywords: Functional; Optimal; Port operations; Global maritime; Transportation; Nigeria

References