Your search results

UPDATE FROM LEKKI SEAPORT

Posted by DanbelPro@InvLtd on July 28, 2021
0

Lekki Deep Sea Port, the largest seaport of Nigeria and one the biggest in the West Africa region, that is being developed at the heart of the Lagos Free Trade Zone in Ibeju Lekki, is currently 55.48 percent complete according to Abiodun Dabiri, the Chairman of  Lekki Port LFTZ Enterprise Limited (Lekki Port), the developer of the project.

Mr. Dabiri made the revelation while briefing a delegation led Rotimi Amaechi, the Federal Minister of Transportation on the progress of the project so far.  Minister Amaechi was accompanied by officials from other government agencies such as the Nigerian Ports Authority (NPA), the Nigeria Shippers’ Council (NSC), and the Nigerian Maritime Administrative and Safety Agency (NIMASA).

Giving a further breakdown of the status of the components of the port, the Chairman of Lekki Port noted that the dredging and reclamation works have reached 61.11 percent completion, the Quay Wall 50.39 percent, Breakwater 67.49 percent, and the landside infrastructure development 33.70 percent.

He assured the delegation through which the federal government urged the management of Lekki Port and other stakeholders to ensure that the port becomes operational by mid-2022-that the project is on course and going according to the schedule.

“We understand the significance of the Lekki Deep Sea Port project to the Nigerian economy and we would not fail to play our part to ensure that it is delivered as and when due. At the end of the third quarter of this year (Q3 2022), the entire construction works will be complete and the facility shall commence commercial operations by the fourth quarter (Q4) 2022 as planned,” explained Mr. Dabiri.

The Minister said had earlier remarked that the Deep Seaport will improve and upgrade the capacity of the Nigerian ports which are already existing in the country.

” Every country that desires a market share in the global maritime space must consider the importance of having a Deep Seaport because they convey enormous benefit to such countries”.

According to the Minister, Nigeria is about to get its first Deep Seaport which he believes will not only improve the capacity of the Nigerian Ports but will enable the transfer of skills and technology.

“What the country has had so far are river ports such as Tincan, Apapa, Port Harcourt amongst others, but this will be Nigeria’s first Deep Seaport” he added.

The Lekki Deep Seaport, he said will allow Nigeria to receive and accommodate large crude carriers, ultra-large crude carriers and other categories of large vessels.

Shipping companies across the world now embrace the use of large vessels and Nigeria’s ability to accommodate these vessels will almost guarantee the country’s hub status by the share volume of Nigeria’s inward and outward cargo.

“With the development of modern equipment, the Deep Seaport is projected to improve the capacity of our ports for space utilization, modern cargo handling methods and new operating procedures.

“The project will also enable the transfer of skills and technology which will be executed by a special purpose vehicle called Lekki Port Free Trade Zone Enterprises Limited,” he said.

The Seaport is also expected to trigger the rapid development of the Ibeju Lekki axis as over 500,000 direct and indirect jobs will be created. Why not take this opportunity to own affordable land in this area before the price shoots up. SEND US A MESSAGE TODAY to begin the process of acquiring a plot of land in a gated estate just 30 minutes away from Lekki Seaport with an initial deposit of just N200,000.

Leave a Reply

Your email address will not be published.

Compare Listings