Port Privatization and Performance in Nigerian seaports in Rivers State, Nigeria
Vol.6 Special Issue
The purpose of the study was to establish the relationship between port privatization and performance of seaports in Rivers State The study adopted the cross-sectional survey design. The population of the study comprised of two seaports in Rivers State while its participants were 61 managerial staff of the seaports. The study used census in determining its sample size, thus adopted the 61 as the sample size. Data for the study was collected through the administration of structured questionnaire. Cronbach Alpha technique was used to test the reliability of instrument at above 0.07 coefficients. The findings of the study show that port privatization influence performance in River State. It was thus concluded that objective privatization of Nigerian seaports in Rivers State is a critical step toward enhancing port performance. This is as such action will foster in innovation, creativity, competition and quality service delivery for optimum performance. Therefore, the study recommends that there is need for reevaluation of the current state of the ports operation by the management and government of Nigeria in order to identify possible areas where private sector participation is must needed to achieve quality service delivery and innovation in the sector.
