• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, October 22, 2025
Leadership Newspapers
Read in Hausa
  • 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
  • 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

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.

Advertisement

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.

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.

RELATED NEWS

Delta APC United Under Oborevwori — Official

Enko’s Private Credit Fund Targets Africa’s Economic Growth With $100m

Oyetola Pledges Support For Indigenous Shipping

Federal Govt Recognises PalmPay For Advancing Financial Inclusion

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.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShare10231Tweet6394Share

OTHER NEWS UPDATES

Governor Oborevwori Orders Council Chairmen To Execute Landmark Projects
Business

Delta APC United Under Oborevwori — Official

9 hours ago
Enko’s Private Credit Fund Targets Africa’s Economic Growth With $100m
Business

Enko’s Private Credit Fund Targets Africa’s Economic Growth With $100m

9 hours ago
Oyetola
Business

Oyetola Pledges Support For Indigenous Shipping

9 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Adamu, Ofulue Assume Office As NOUN Deputy Vice Chancellors

10 minutes ago

Tinubu Seeks Senate Confirmation Of Minister Tijani As USPF Board Chairman

37 minutes ago

Ex-LG Chairmanship Candidate Docked Over Alleged Rape Of Minor In Kwara

48 minutes ago

Shun Quest For Sudden Wealth, Fashola Urges Nigerian Youths

50 minutes ago

LEADERSHIP Sports Person of the Year 2025: Justine Madugu, Super Falcons Coach

1 hour ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.