• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, June 4, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • 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

Yusuf Babalola by Yusuf Babalola
4 years ago
in Business
Sanwo olu
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.

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 NEWS

Nigerians Can Now Sell Excess Solar Power To National Grid – NERC

NUPRC Opens 2026 Licensing Round in Q3 Amid Investors’ Confidence

Nigeria’s Power Sector Needs Credit Ratings To Attract Long-Term Investment – Report

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

Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

OTHER NEWS UPDATES

NERC Partners Orientation Agency To Sensitise Electricity Consumers
Business

Nigerians Can Now Sell Excess Solar Power To National Grid – NERC

58 minutes ago
NUPRC Opens 2026 Licensing Round in Q3 Amid Investors’ Confidence
Business

NUPRC Opens 2026 Licensing Round in Q3 Amid Investors’ Confidence

8 hours ago
Geometric Power, ASERA Commended For Sustainable Electricity Supply, Regulatory Reforms
Business

Nigeria’s Power Sector Needs Credit Ratings To Attract Long-Term Investment – Report

8 hours ago
Next Post
King Pablo

Digitisation Has Impacted Music Industry Alot - King Pablo Jr

Advertisement

LATEST UPDATE

Federal Gov’t Pledges Global Promotion For Ilorin Emirate Durbar

5 minutes ago

Presidency Endorses Danladi-Salihu As Kwara APC Governorship Candidate

7 minutes ago

Tackling The Growing Network Of Admission Scammers Preying On UTME Candidates

9 minutes ago

NOUN Seeks Pathway To Train More Nurses

14 minutes ago

Librarians Call For Reforms In Varsity Library Governance

15 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

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

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.