The Lekki Deep Sea Port became operational on Monday 23rd January 2023.
Nigeria opened the billion-dollar Chinese-built deep seaport commissioned by President Muhammadu Buhari on Monday the 23rd of January, 2023.
The new Lekki deep sea port is 75 percent owned by the China Harbor Engineering Company and Tolaram Group, with the Lagos State government and the Nigerian ports Authority
The seaport is expected to ease congestion at the country’s port, especially in the Apapa area, and help Nigeria become an African hub for transshipment, handling cargoes in transit for other destinations. President Muhammadu Buhari has made building infrastructure a key pillar of his government’s economic policy.
The Chinese ambassador to Nigeria, Cul Jianchun told news reporters that the project could create at least 200,000 jobs for Nigerians, calling it a game-changer project for Nigerians regarding the high rate of unemployment.
RateCaptain Analyst believes that it is a good development, especially for the road congestion seen in the Apapa area of Lagos. RateCaptain analysts also believe it will bring in more revenue to the government.
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