Tagged:

New Lekki Port Set to Transform Nigeria’s Trade and Fortunes

President Muhammadu Buhari has officially opened the U.S.$1.5 billion Lekki Deep Seaport which could have an economic impact across West Africa.

The port is expected to reduce the high cost of bringing goods into the country by reducing the vessel turnaround time, which has hampered business at the country's other ports.

Lagos State Governor Babajide Sanwo-Olu said the new facility will create about 200,000 jobs, both directly and indirectly, and generate billions of dollars in revenue for the country. 

The Nigerian Ports Authority said that the first commercial vessel has berthed at the Lekki Deep Sea Port. The seaport is a state-of-the-art facility that is the largest seaport and one of the biggest in West Africa that would revolutionise the way goods are transported and traded in Nigeria.

InFocus

Lekki Deepsea Port

The Zhen Hua 28, the first-ever vessel to berth at the Lekki Deep Seaport in Lagos, Nigeria.

Follow AllAfrica

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.