• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

$1.5bn Lekki Deep Seaport Completed, Ready For Commissioning

by Yusuf Babalola
3 years ago
in Business
Lekki Deep Seaport
Share on WhatsAppShare on FacebookShare on XTelegram

The China Habour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Habour Engineering Company Limited (CHEC), the Engineering, Procurement, and Construction (EPC) contractor for Lekki Port, has announced the completion of the construction of the Port.

Advertisement

With the completion, Lekki Port, which is one of the biggest deep-sea ports in West Africa, is set for commissioning anytime soon.

The Vice President of CHEC who is also a director of Lekki Port, Wu Di,  disclosed this during the construction completion ceremony held in Lagos on Monday.

Di disclosed that the construction of the Port was officially started on June 15, 2020, and was completed on Monday, October 24, 2022. He revealed that the total contract value of the EPC for the project’s first phase is $581 million .

He added that the completion of the construction will now pave the way for the container terminal operator, the Lekki Free Port Terminal (a subsidiary of CMA/CGM group), to take over the Port in readiness for the start of port operations.

RELATED

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

6 hours ago
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

6 hours ago

While delivering his speech, the Governor of Lagos State, Babajide Sanwo-Olu, expressed delight with the completion of the construction of the port. Sanwo-Olu reaffirmed Lagos State Government’s commitment to the timely delivery of the road infrastructure network around the Ibeju Lekki axis to ensure the seamless evacuation of cargo from the port.

In his remarks, the Chairman, Board of Directors, of Lekki Port, Mr. Biodun Dabiri, expressed profound appreciation to the promoters of the project, CHEC and Tolaram for the bold decision to invest in maritime infrastructure which will help in Nigeria’s journey to economic prosperity.

Dabiri acknowledged the critical role played by Governor Babajide Sanwo-Olu in resolving the various challenges encountered in the construction of the port, especially during the COVID-19 pandemic and attendant lockdown.

“We are pleased to celebrate the completion of construction of the port and the effective handover of the facilities by Lekki Port from the EPC Contractor, CHELE), a subsidiary of CHEC,” he said.

Also speaking at the event, the General Project Manager of CHELE, Mr. Xie Xianju, expressed great delight that the construction was now completed. He noted that the Port would be the destination of choice because it is the first deep sea port with a capacity to take large vessels. He commended the team, partners and suppliers for their contribution to the successful completion of the construction.

Delivering the goodwill message on behalf of Tolaram (promoter and shareholder), the Managing Director of Lagos Free Zone, Mr. Dinesh Rathi, expressed delight at the timely completion of the construction of the port. He noted that the port would further position LFZ as the next frontier for investment in Nigeria and increase foreign direct investment to Lagos State and Nigeria.

The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun commended CHEC for displaying excellence in their project skills and promoting China’s commitment to Africa’s infrastructure development drive. He noted that this project was a good example of what can be achieved when Nigeria and China cooperate and he looked forward to more of such projects.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: Lekki Deep Seaport
SendShareTweetShare
Previous Post

WHO Donates Treatment Kits To Kogi Flood Victims

Next Post

Digitisation Has Impacted Music Industry Alot – King Pablo Jr

Yusuf Babalola

Yusuf Babalola

You May Like

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns
Business

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

2025/05/31
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards
Business

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

2025/05/31
Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0
Business

Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0

2025/05/31
NNPC Wins The Whistlers’ Transparency, Innovation Award
Business

Farmers Laud NNPC Foundation For Climate-smart Training

2025/05/31
tinubu
Feature

MIDTERM REPORT: Economy Progresses In Policies, Challenged In Implementation

2025/05/31
Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b
Business

Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b

2025/05/31
Leadership Conference advertisement

LATEST

Super Eagles Edge Past Jamaica On Penalties To Win Unity Cup

BREAKING: PSG Make History, Thrash Inter Milan 5-0 To Clinch UEFA Champions League Title

Moody’s Upgrade Proof Of Credible Reforms, Investor Confidence — Tinubu

Tinubu Gov’t Weaponising Poverty Against Nigerians – Atiku 

‘Why I Refused To Vote Or Work For Tinubu’, Amaechi Opens Up At 60th Birthday Lecture

FCTA Denounces ‘Malicious Voice Note’ Alleging Religious Indoctrination In Abuja Schools

Kano Gov’t Offers ₦1m Support To Each Family Of Deceased Athletes

‘It Doesn’t Reflect Equity’, Group Berates Tinubu, NASS Over SWDC Leadership

Nwuche Hails Tinubu, Wike For Transformational Projects Across FCT

Niger East Senator Donates ₦50m, Truckloads Of Food To Mokwa Flood Victims

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.