Competitive Advantage: Repositioning Nigerian Ports

Seaports are very important structures in the development of the economy of any nation because they are gateways for imports and exports. The economic functions of seaports are to provide benefits to the original producers of the exports and the ultimate consumers of the imports which pass through the ports with globalisation, development of logistics and supply chains, the seaports role has been altered to integrate manufacturing and distribution systems into it.

Although, ports around the world have been strategizing on ways of improving efficiency since the 80’s, institutional reform of seaports such as restructuring of port operations and management has been the major focus to ensure that stakeholders benefit from competition and efficiency….