Buhari inaugurates over $1.5b Lekki Deep Sea Port in Lagos

DAILY POST reports this in a statement on Monday by the Special Adviser to the President , Femi Adesina.

On Tuesday, the President will inaugurate the historic first Phase of the Blue Line of the Lagos Rail Mass Transit in Marina and the John Randle Centre for Yoruba Culture and History at Onikan roundabout. ”We are excited that in your own time, something fresh has been birthed in this country and it is going to generate thousands of direct and indirect jobs.”

”With Seaports being under the exclusive legislative list, the Nigerian Ports Authority’s provision of a sinking fund for Lekki Deep Seaport Federal Government’s equity contribution gave this project the necessary statutory cover and financial guarantee in line with the law. ”This project is a joint venture between China, Nigeria and Singapore, and is run by a French company. The model of ‘five parties from four countries’ is a way of taking advantage of the wisdom and strength of all parties.”

”It is estimated that the overall economic benefits will reach more than 360 billion USD, becoming a new engine of economic development that will empower the southwest region and the whole country.”

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buhari Arrives Lagos for Inauguration of Lekki Deep Sea Port, Rice Mills – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Lekki deep seaport receives first commercial vessel - Punch NewspapersThe most widely read newspaper in Nigeria Useless Reportage. Shey na only Lagos ports dey abi. This revolution go touch everybody, especially those hopeless and useless journalist. Nigerians let's for once have a robust and OBEDIENT ECONOMY by electing Mr Peter Obi as President of Nigeria 2023!!!
Source: MobilePunch - 🏆 8. / 63 Read more »

Largest Container Vessel Berths At Lekki Port Ahead Of Commissioning By BuhariThe promoters, however, disclosed that the Lekki Port will not only improve efficiency and connectivity, but would also serve as a major driver for economic
Source: LeadershipNGA - 🏆 4. / 77 Read more »

First container vessel berths at Lekki Port ahead of Buhari’s commissioningThe Nigerian Ports Authority (NPA) has announced the berthing of a CMA CGM vessel at the Lekki Deep Seaport in Lagos yesterday, just as President Muhammadu Buhari is expected to commission the port today.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Ahead of Buhari’s Inauguration, First Commercial Vessel Berths at $1.5bn Lekki Deep Sea Port – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Largest Container Vessel Berths At Lekki Port Ahead Of CommissioningAhead of the commissioning of the Lekki Deep Seaport by President Muhammadu Buhari, today, the largest container vessel has berthed at the port.
Source: LeadershipNGA - 🏆 4. / 77 Read more »