Lekki Deep Seaport To Start Operations Before End Of 2022, Says Management

Lekki Deep Seaport To Start Operations Before End Of 2022, Says Management

 

The Management of the Lekki Deep Seaport says the project is now at the 95 percent completion stage. The promoter said this in a series of tweets on Monday.

The Lekki Port LFTZ Enterprise Limited (LPLEL) was awarded a 45-year concession of the deep seaport by the Nigerian Ports Authority (NPA) on a build, own, operate and transfer (BOOT) basis.

“We are delighted to announce that the construction of Lekki Port is now at 95.65 per cent completion,” the statement reads.

“Our management, board of directors, shareholders, EPC Contractors and the project manager remain focused on our objective to complete construction by September 2022 and start port operations by the end of the year.

“The wait to behold a deep seaport with a container terminal operated with efficiency and world-class standards in Nigeria is almost over!’’

In March, Governor of Lagos, Babajide Sanwo-Olu, said the seaport would commence commercial operations in 2023.

The federal and Lagos governments are expected to generate $201 billion from the seaport when completed.

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