Appraisal of conservative service impacts on revenue generation in Nigerian Ports industry

Abstract

This study is an appraisal of the impacts of conservative services on revenue generation in Nigerian ports. The conservative services are those operations designated by the law to be handled by the port authority in providing enabling environment for safe and secured navigation of calling vessels in and out of the ports, in which payments are made to the port authority on providing such services. The researcher considered among others, three basic conservative operations which include pilotage, towage and berthing/mooring operations. Data was collected on the number of vessels and vessel gross registered tonnage that visited the Nigerian ports for the periods 2010-2019. Port charges on the conservative services were. Ten years data series were collected for the period 2010-2019. The data series were from secondary data sources which include NPA statistics and NPA simplified tariff available online. The researcher formulated four hypotheses to answer the researcher questions on this study. Algebraic functions and regression model were used to analysis the data collected on the study. Excel and SPSS software were employed for computer based analysis. The study showed high significance of the impacts of independent variables on RGOCS of Nigerian Ports Authority. The researcher made some recommendations based on the findings and conclusion of the study.