Just in: Chinese Firm Completes Lekki Deep Seaport Construction, Sanwo-Olu Lauds Efforts - Global Report

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Monday, October 31, 2022

Just in: Chinese Firm Completes Lekki Deep Seaport Construction, Sanwo-Olu Lauds Efforts



KOREDE FOGO

 

The Chinese Harbour Construction Company (CHEC), has completed the construction of the $1.5billion Lekki deep seaport.

 

The construction firm, however, handed over the port to its promoters, Lekki Port, in Lagos on Monday.

Speaking at the event, the governor of Lagos state, Babajide Sanwo-Olu, applauded the project and said when it becomes operational, it will generate several billion of dollars for the state and country

According to him, the port will also make Nigeria a transhipment hub in West and Central Africa.

Also speaking, the chairman, board of directors, Lekki Port, Biodun Dabiri, said the port would create over 170,000 direct and indirect jobs for Nigerians.

 

“When the presidential commissioning takes place, and the port becomes fully operational, there is no doubt that Lekki Deep Sea Port will contribute immensely to the growth of the Nigerian economy, creating about 170,000 direct and indirect jobs, generating approximately $361 billion during the period of the concession, and generating over $201 billion in revenue for both Lagos State and the Federal Government of Nigeria. The draft of 16.5 metres, means it can accommodate larger vessels which will automatically make Nigeria the trans-shipment hub of the region.”

 

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