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Ownership Structure Of The Lekki Deep Sea Port - Politics (6) - Nairaland

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Re: Ownership Structure Of The Lekki Deep Sea Port by tamdun: 10:35am On Jan 23, 2023
seunayantokun:


Yeah they operate all over the world but not under the same contract/agreement details and legal operating atmosphere.
No argument, just let's wait to see.
Kindly tell us the condition they operate in other countries
Re: Ownership Structure Of The Lekki Deep Sea Port by Charlico2(m): 10:37am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Pls. read well again and this time take note of the bracket. To me the sum is 100%
Re: Ownership Structure Of The Lekki Deep Sea Port by LeyeWrites: 10:37am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏
Go school you say no.
Re: Ownership Structure Of The Lekki Deep Sea Port by myrates: 10:39am On Jan 23, 2023
tollyboy5:

See your mouth 👄 like "our".

Na you build am na. undecided
how does ur own dirty stinking mouth look? Why don't you migrate to china
Re: Ownership Structure Of The Lekki Deep Sea Port by tamdun: 10:41am On Jan 23, 2023
President2001:
Upon shouting of Lagos State they don't have more than 5% share
It's actually 20%,the 5 is for fed govt,wake up bro,hatred won't take u anywhere

1 Like

Re: Ownership Structure Of The Lekki Deep Sea Port by pank11: 10:43am On Jan 23, 2023
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Re: Ownership Structure Of The Lekki Deep Sea Port by Wickedfact: 10:45am On Jan 23, 2023
President2001:
Upon shouting of Lagos State they don't have more than 5% share

No wonder your mother is twerking for Ikpeazu's son. You lack commonsense and you are so dumb.

1 Like

Re: Ownership Structure Of The Lekki Deep Sea Port by Misterone: 10:46am On Jan 23, 2023
Kiwibbyfrill:
undecided
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Re: Ownership Structure Of The Lekki Deep Sea Port by hasanolayiwola0: 10:48am On Jan 23, 2023
Haters of Tinubu from igboland will die a terrible death in jesus name. amenHaters of Tinubu from igboland will die a terrible death in jesus name. amen...

1 Like

Re: Ownership Structure Of The Lekki Deep Sea Port by Yankee101: 10:49am On Jan 23, 2023
1. Why should China own more than 50%?
2. How much does Tinubu own?
Re: Ownership Structure Of The Lekki Deep Sea Port by jahsharon: 10:51am On Jan 23, 2023
DMerciful:
Propaganda will not make Tinubu win. Tinubu is too corrupt, shady and unfit to be president

Bring out your father, let him come and contest
Re: Ownership Structure Of The Lekki Deep Sea Port by jahsharon: 10:52am On Jan 23, 2023
Yankee101:
1. Why should China own more than 50%?
2. How much does Tinubu own?

He owns the 20% Lagos share. So, what are you gonna do? Emilokan Tinubu the Jagaban Borgu City Boy Extraordinaire is not the one that stopped your father from being successful in life

1 Like

Re: Ownership Structure Of The Lekki Deep Sea Port by DMerciful(m): 10:52am On Jan 23, 2023
Is Tinubu you father?0
jahsharon:


Bring out your father, let him come and contest
Re: Ownership Structure Of The Lekki Deep Sea Port by jahsharon: 10:54am On Jan 23, 2023
DMerciful:
Is Tinubu you father?0

No, but my father does not hate him or anyone that is successful
Re: Ownership Structure Of The Lekki Deep Sea Port by saintrow1: 10:55am On Jan 23, 2023
DMerciful:
Propaganda will not make Tinubu win. Tinubu is too corrupt, shady and unfit to be president

Tinubu will still win, tell us more stories

1 Like

Re: Ownership Structure Of The Lekki Deep Sea Port by Talawaka: 10:56am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

The Lekki Port Investment Holding Inc. (international consortium) owns 75% - which can be broken down further as 52.50% for China Harbour Engineering Company Ltd and 22.5% for Tolaram)

LASG owns 20%

NPA owns 5%

75% + 20% + 5% = 100%

On an altogether different note, how are containers going to be moved out of this port?
No railway tracks. No additional capacity on connecting roads. cry
Re: Ownership Structure Of The Lekki Deep Sea Port by DMerciful(m): 10:59am On Jan 23, 2023
You're an urchin that why you're too unaware to know than an unhealthy and corrupt man can't govern 200 million people
jahsharon:


No, but my father does not hate him or anyone that is successful
Re: Ownership Structure Of The Lekki Deep Sea Port by BossGerald: 11:01am On Jan 23, 2023
dettolgel:


Why are you like this? China owns more than 50% of the port and you are here jubilating. Mental slavery is the biggest problem of an average African man.


So it's no longer tifnubu project?? Yen yen yen
Re: Ownership Structure Of The Lekki Deep Sea Port by Madeu(m): 11:02am On Jan 23, 2023
gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.
Chinese and Indian ownership.
Nigerians don't control the wealth and resources in our land.
Re: Ownership Structure Of The Lekki Deep Sea Port by thinkmoney(m): 11:03am On Jan 23, 2023
Lanrelagboi:



https://twitter.com/Mr_JAGs/status/1617421435265507328?t=V9vTMWs99lZ2xhevUewPFg&s=19
Una never talk who really owns those companies undecided
Re: Ownership Structure Of The Lekki Deep Sea Port by BossGerald: 11:04am On Jan 23, 2023
SmartyPants:


Where is the negativity in your statement??

In response to a post about the Lekki deep seaport which will bring development to Lagos, you are ranting about bridges. To what end?? Is it not to detract from the positivity of the post?

Pls take your opinion and shove it up your ass...tifnubu built no single project and you want me to credit sanwolu's administration project to his name??

I already commend the project, you didn't see where I wrote "wonderful structure "?? Don't be a hypocrite
Re: Ownership Structure Of The Lekki Deep Sea Port by iamclime(m): 11:06am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Is 75+20+5 not equal to 100 again?
Please read again. The math is correct.
Re: Ownership Structure Of The Lekki Deep Sea Port by caracas: 11:15am On Jan 23, 2023
Moh247:
cool


Bola Ahmed Tinubu

Lekki Deep Sea port

Lekki free trade Zone

Eko Atlantic city





..
And can hardly hold a cup of coffee……
Re: Ownership Structure Of The Lekki Deep Sea Port by BreconHills(m): 11:16am On Jan 23, 2023
gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.

FGN has acted correctly and in line with best practice. No where in the world do government run port services anymore. The 5% is sufficient because the port will be paying taxes.

5% ownership also is not indicative of ceding control. This is a mistake non lawyers frequently make.

There is a shareholders agreement that specifies voting rights. Such rights usually require strategic issues to be agreed upon by the minority shareholder. This is why it is sometimes called a "golden share"

The fact that a shareholder holds a minority stake does not mean they will get outvoted on critical issues.

3 Likes

Re: Ownership Structure Of The Lekki Deep Sea Port by Moh247: 11:16am On Jan 23, 2023
caracas:

And can hardly hold a cup of coffee……


How come 40 million ibos could not build a port
Re: Ownership Structure Of The Lekki Deep Sea Port by mayorjosh(m): 11:17am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Lol read it again, did you not see the breakdown in bracket?
Re: Ownership Structure Of The Lekki Deep Sea Port by Tareq1105: 11:19am On Jan 23, 2023
gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.

FGN had no #1 in the project. The 5% is in compliance with the law and be represented on its board.
Re: Ownership Structure Of The Lekki Deep Sea Port by caracas: 11:24am On Jan 23, 2023
Moh247:



How come 40 million ibos could not build a port
Mumu question, from an agbado lame duck…..
Re: Ownership Structure Of The Lekki Deep Sea Port by Tareq1105: 11:24am On Jan 23, 2023
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

75%=52.5%+22.5% The Lekki Port Inv Holding.
20% Lagos State.
5% Nigerian Port Authority.
100%.

What's not clear here?
Re: Ownership Structure Of The Lekki Deep Sea Port by GardenOfGod(m): 11:29am On Jan 23, 2023
Don't be surprised... The post is in support of Tinubu who doesn't give a Bleep about stats.
He said... Who statistics help? 🤣😂
BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏
Re: Ownership Structure Of The Lekki Deep Sea Port by Madeu(m): 11:32am On Jan 23, 2023
tamdun:

Arabs own a lot of buildings/business in UK
Not owing seaport. At the end your country will be a dumping ground for Chinese and Indian finished products. We will never attain manufacturing status.
Re: Ownership Structure Of The Lekki Deep Sea Port by CheapHomes1: 11:34am On Jan 23, 2023
BossGerald:

Lagos government =20%? Not bad though.



Now watch how demented urchins will credit this wonderful structure to tifnubu that didn't even build ordinary fly over in his 8yrs as lagos governor.

See one idiot below me

Who and who make up the "The Lekki Port Investment Holding Inc. (international consortium) owns 75%"?

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