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This Is Huge==> Lagos Plans Lekki Port For 2015

Ugodre Obi-chukwubyUgodre Obi-chukwu
10 years ago
in Uncategorized
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Concept

“Conceptualised as a multi product industrial and logistics hub, it will spread across 90 hectares of land and shall be built at an estimated cost of $1.55billion.It is proposed to have 1.5km long breakwater, 6km long approach channel with 19.5m draught, 670m diameter turning circle and 1.5km long quay wall.

Capacity

The company’s boss said the project will increase capacity in the first stage to 1.5 million containers yearly, graduating to 2.7 million and ultimately 4.5 million in about five to seven years of operation, to make up for the current huge capacity gap”.

Economic Impact

According to him, it is expected to contribute more than $200 billion to the government exchequer while also creating close to 163,000 new jobs in the economy.

 

Nigeria: Cost of Goods to Drop in 2015 As Lekki Port Opens

 

 

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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