Contractors Hand Over $1.5bn Lekki Port After Completion
Speaking at the completion ceremony at Lekki port, Lagos State Governor, Mr. Babajide Sanwo-Olu promised to expand the roads leading to the port to a six lane roads with a view to ensuring a seamless evacuation of cargo from the port.
Dabiri also said that the Board was please to celebrate the completion of construction of the port and the effective handover of the facilities by Lekki Port from the Contractor, China Harbour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Harbour Engineering Company.
According to Dabiri, “It has been a long journey of many steps. Starting from the time when Tolaram led by Pa Mohan Aswani sought to develop a deep sea port for the benefit of the Lagos Free Zone, and indeed all of Lagos State and Nigeria; to getting a concession from the Nigerian Ports Authority for a unique private public partnership port; getting a loan facility from China Development Bank to the infusion of equity capital in the sum of US$221m by China Harbour Engineering Company to the start of construction in the midst of an unprecedented global pandemic. Continue reading