Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Lekki Port LFTZ Enterprise Limited to deliver scheme 2022—Minister

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Core investor and lead promoter of the Lekki Port Free Trade Zone in Lagos, Lekki Port LFTZ Enterprise Limited, has demonstrated strong commitment and capacity to deliver the project in 2022 as agreed. This was the submission of the Minister of Transportation, Mr. Rotimi Amaechi, during his recent tour of the facility.
He expressed great satisfaction with the level of progress recorded on the construction of the Lekki Deep Sea Port project.
Amaechi said this during an inspection visit to the Port by the Federal Ministry of Transportation and other government agencies including the Nigerian Ports Authority (NPA), the Nigeria Shippers’ Council (NSC) and the Nigerian Maritime Administrative and Safety Agency (NIMASA).
According to the Minister, “I am very delighted and impressed with the pace and the progress of construction work on this project from the last time I was here in November 2020. The promoter of the project, Lekki Port LFTZ Enterprise Limited, has demonstrated strong commitment and capacity to deliver the project as agreed.”
The Minister urged the management of Lekki Port LFTZ Enterprise Limited and other stakeholders to work tirelessly to ensure that the Port becomes operational by mid-2022. While briefing the Minister and his entourage on the status of construction of the Port, the Chairman, Lekki Port LFTZ Enterprise Limited, Mr. Abiodun Dabiri, disclosed that the entire port construction is now at 55.48 per cent completion and assured that 2022 remains sacrosanct.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.