Lekki Port to witness next phase of development, as Board holds talks in China
By Steve Agbota
Shareholders and investors of Nigeria’s first deep seaport, Lekki Port LFTZ Enterprise Limited (LPLEL) have concluded talks on the next developmental phase of the port at a recent Board meeting held in Beijing China.
Daily Sun learnt that the Managing Director/ CEO of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko represented the Federal Government at the Board meeting where technical sessions were held with the Lekki Terminal equipment manufacturer, Shanghai Zhenhua Heavy Industries Company Limited (ZPMC).
However, the Board meeting, which was held at the Headquarters of China Harbour Engineering Company Ltd (CHEC), featured finance and investment-related talks with shareholders and investors, which were dominated by high-level engagements with CHEC top executives, China Development Bank (CBD) to concretise decisions on the next development horizons for Lekki Port.
Recall that the port will position Nigeria to become an African hub for transhipment, handling cargoes in transit for other destinations. The port has been described as a transformative project, which could create at least 200,000 jobs in the country.
