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NPA Announces Approval Of Lekki Deep Seaport For Commercial Operations By President Buhari

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The Nigerian Ports Authority (NPA) has announced the approval of the designation of Lekki Deep Seaport as a Customs Port and Approved Wharf by President Muhammadu Buhari

NPA made this known on Friday, July 29, 2022 in a series of tweets on Twitter.

It stated that the Managing Director, Mr Mohammed Bello-Kokoin, in a letter through the Ministry of Transportation, secured the approval for the port to be gazetted in line with extant laws. With the approval and level of preparedness, the port is set for berthing commercial vessels before year-end; as approved by President Buhari.

The statement from NPA reads; “President Muhammadu Buhari has approved the designation of Lekki deep seaport as a Customs port and Approved Wharf.

‘’With this approval and level of preparedness, the port is set for berthing commercial vessels before year-end.’’

The Lekki Deep Seaport is designed to be a significant game-changer in Nigeria’s maritime economy. It was constructed by China Habour Engineering firm.

The port  is a $2 billion investment in the Lagos Free Trade zone initiated by  Tolaram Group, a Singaporean company.

The deep seaport is expected to generate huge job opportunities for Lagos residents; as well as boost the Federal Government’s efforts to decongest the Lagos ports in Apapa and Tin Can.

Meanwhile, the Lagos State Governor, Babajide Sanwo-Olu, in March 2021, said that the Lekki Deep Seaport is expected to begin operations by the first quarter of 2023, as the construction firm, China Habour Engineering firm had made tremendous improvement with the project.

Also, the Minister of Information and Culture, Lai Mohammed, in May 2022, said that the project is expected to bring revenues of about $201 billion to federal and state governments through taxes, royalties and duties as well as an aggregate impact of $361 billion in 45 years upon the commencement of operations.

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