The Role of Effective Ports Management in Facilitating International Trade in Nigeria

Abstract

This study is centered on The Role of Effective Ports Management in Facilitating International trade in Nigeria. The specific purpose of the paper is to examine the role played by various agencies involved in Ports management in Nigeria, and how far such functions have helped in facilitating International trade; which is recognized as a major pivot on which economic development revolves. Essentially, no nation can achieve economic development in isolation, hence the need for cross boarder trade transactions. The ports in Nigeria are the avenues through which imports and exports take place. This study made use of survey research design, with a sample size of 286, out of a population of 1000 made up of various stakeholders in ports management and usage. It relied on Chi-Square statistical test to determine relationship between the role of effective ports management and successful international trade transaction. Among others, it was found that there is a direct relationship between adequate port reception facilities, ports decongestion, less traffic, secure and safe ports (which form the nucleus of good management) and successful international trade. The study therefore, agrees that effective and efficient ports management in Nigeria is a strong panacea in oiling the wheel of international trade. It therefore recommends that concerted efforts should be made by government and other relevant agencies to ensure efficient and effectives management of ports in Nigeria to enhance uninterrupted international trade.

Keywords: Ports, Ports Management, International Trade, Trade Transactions, Reception Facilities, Decongestion, Traffic.