alexa Abstract | Analysis of Landlord Administrative Model on the Ship Owners/ Nigeria Port Authority Relationship
E-ISSN: 2223-5833

Arabian Journal of Business and Management Review
Open Access

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Research Article Open Access

Abstract

The survival of any port administration is dependent on the relationship that exists between the ship owner and the port authority. To increase the productivity of the Nigerian Port Authority it is therefore imperative to adequately address the problem bedevilling the relationship between it and the ship owners. The qualitative-descriptive method of data analysis called variance ration test (F-test) was used to test for the null hypotheses. This was done by making comparison of the existence of significant difference between precision values of the period before and after the introduction of administrative model. Documentary data of outputs from operational statistics of the NPA before and after the introduction of the landlord administrative model was employed. The effect of this model on the relationship between them was measure quantitatively from the number of vessels entering the port and the overall throughput by the NPA. There was an estimated increment of 6.71% and 26.1% in the number of vessels and Gross Registered Tonnage(GRT) from the six Nigerian ports between 2009 when there was no model, and 2011 when there was administrative model in place, to cater for a cordial relationship and obligation of the ship owners to the NPA and vice versa. From the statistical test of hypothesis, it is apparent that the two null hypotheses (Ho1 and Ho2) are to be rejected. It is therefore concluded that an increase in the number of vessels is a corresponding improvement in the relationship between the two parties as the ship owner will not use the NPA if there is no cordial relationship between them.

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Author(s): Abayomi O, Temitope AK, Ezekiel O and Oluwatobi A

Keywords

Ship owners, Nigerian Port Authority, Administration and landlord model, Gross Registered Tonnage (GRT), General finance, HRM, Microfinance, Multinational finance, Business Research, Corporate governance system, Financial Management services, Managerial accounting, Health Management, Logistics management , Entrepreneurship , CRM, BCM, Risk management

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