Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Nigeria Opens 'Game Changer' Billion-dollar Deep Seaport

January 25, 2023

The US$1.5 billion Lekki Deep Sea Port is commissioned in Lagos, Nigeria. (Photo: Nigerian Ports Authority)
The US$1.5 billion Lekki Deep Sea Port is commissioned in Lagos, Nigeria. (Photo: Nigerian Ports Authority)

Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations.

President Muhammadu Buhari has made building infrastructure a key pillar of his government's economic policy, and hopes that this will help his ruling party win votes during next month's presidential election.

The new Lekki Deep Sea Port is 75% owned by the China Harbour Engineering Company and Tolaram group, with the balance shared between the Lagos state government and the Nigerian Ports Authority.

"This is a transformative project, game changer project. This project could create at least 200,000 jobs," Chinese Ambassador to Nigeria Cui Jianchun told Reuters after the port was commissioned by Buhari.

China is among the largest bilateral lenders to Nigeria and has funded rail, roads and power stations.


(Reuters - Writing by MacDonald Dzirutwe; Editing by Jan Harvey)

Logistics News

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

Strong Demand in India Flips Russian Urals to Premium

Strong Demand in India Flips Russian Urals to Premium

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Ships Trickle Through Strait of Hormuz

Ships Trickle Through Strait of Hormuz

Subscribe for Maritime Logistics Professional E‑News

Exporters warn that delays could occur as Ivory Coast prepares for EU cocoa regulations
El Nino returns: What it means for global trade and the Panama Canal
Discover Airlines, a subsidiary of Lufthansa, says that fuel shortages in Namibia could affect flights to Europe