Why does Government want to reform and restructure the Nigerian seaport?
Due to the inefficiency of the services rendered by the seaport as well as lack of modern infrastructure and excess bureaucracy, the government has adopted the restructuring and reform of the port as the best option towards the attainment of a virile private sector led port market / economy. It is also part of government policy to increase the involvement of the private sector in the financing and operation of port services. The use of private initiative and private investments would increase efficiency in the system.