An Appraisal of Concession of Onne Port to Intels Nigeria Services

ABSTRACT

This work is to appraise the concessioning of Onne Port to Intel Nigeria Limited, the extent to which port reforms has positively influenced the development of Port Operations at Onne Port.
To evaluate the developmental changes that have occurred, the researcher used statistical tools like spearman rank order and chi-square to analyze the data collected from the population of port users. Some hypotheses were developed. The study reveals that the hypothesis conducted showed that Onne Port is one of the viable Ports in Nigeria, and that concession of Onne Port has brought about efficient and effective use of cargo handling equipment has created utility to port users and also enhanced the growth of cargo traffic throughput, Hence, concession of Onne Port to Intels has positive affects on the quality and standard services at the port.

Keywords: Appraisal, concession, port reforms, capacity utilization, logistics strategies, maladministration, misappropriated collection, utility, throughput, dwell time, privatization.