The facility is situated at the Lagos Free Trade Zone (LFZ), along the Lekki Corridor. The project, which is over 85 percent completed, is projected to be one of the most modern ports in West Africa, offering support to the commerce in Nigeria and the West African region. It is the largest seaport in Nigeria and one of the biggest in West Africa. The port has the capacity of handling about six million TEUs of containers and a significant volume of liquid and dry bulk uncontainerised cargoes. It will accommodate vessels with over 14,500 containers.

• Financed by private investors who have funded the project with over $1.5 billion, the port occupies 90 hectares.
• The Lekki Port LFTZ Enterprise Limited (LPLEL) is a joint venture among Investment Holdings Inc. (comprising China Harbour Engineering Company Limited (CHEC) and Singapore-based FMCG giant, Tolaram Group), the Lagos State Government, and the Federal Government through the Nigerian Ports Authority (NPA).
• The project which was at 80% completion stage as of January 2022, will be the first seaport to be fully automated at take-off.
• The Managing Director of NPA, Mr. Mohammed Bello-Koko, also in a letter through the Federal Ministry of Transportation, secured the approval for the port to be gazetted in line with extant laws.
• The authority also said that with the approval and level of preparedness, the port is set for berthing commercial vessels before year-end.
• The Lekki Deep Seaport, designed to be a significant game-changer in Nigeria’s maritime economy and constructed by China Habour Engineering firm, is a $2 billion investment in the Lagos Free Trade zone initiated by Tolaram Group, a Singaporean company.
• The deep seaport is expected to generate huge job opportunities for Lagos residents as well as boost the Federal Government’s efforts to decongest the Lagos ports in Apapa and Tin Can.
• The Lagos State Governor, Babajide Sanwo-Olu, had in March 2021, said that the Lekki Deep Seaport is expected to begin operations by the first quarter of 2023, as the construction firm, China Habour Engineering firm had made tremendous improvement with the project.
• The Minister of Information and Culture, Lai Mohammed, in May 2022, said that the project is expected to bring revenues of about $201 billion to federal and state governments through taxes, royalties, and duties as well as an aggregate impact of $361 billion in 45 years upon the commencement of operations
• President Muhammadu Buhari had approved the designation of Lekki Deep Seaport as a customs port and approved wharf.

GNB News will continue to monitor and report developments about the Lekki Deep seaport project till completion.