IREJEH, Enaikpobomene Mina
Department of Marine Economics and Finance,
Nigeria Maritime University, Okerenkoko,
Delta state, nigeria.
E-MAIL: irejehmina@gmail.com
TEL: +234-8063197709
SILE, Alex Akpoboloemi
Department of Transport and Logistics Management
Nigeria Maritime University, Okerenkoko,
Delta State, Nigeria
E-MAIL: Kinscodgr8@gmail.com
TEL: +234-7035090167
ABSTRACT
The impact of selected port performance indicators on economic growth in Nigeria. Data
sourced from Nigeria Ports Authority’s(NPA) operational bulletin were analyzed using
multiple regression model. It was observed that among CTP, GRT, STT and NOB, GRT and
STT were found to have negative impact on Nigerian economy while CTP and NOB has
positive impact on Nigerian economy. The study suggests that since vessel GRT has a positive
impact on Nigeria’s economy, it should serve as the foundation for determining port dues.
Keywords: GDP, cargo throughput, terminal, port authorities, port reform and turnaround
time