Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,282 members, 7,807,947 topics. Date: Wednesday, 24 April 2024 at 11:34 PM

Lagos Deep Sea Port Ready In 30 Months - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Lagos Deep Sea Port Ready In 30 Months (666 Views)

Loan Of 3million Naira For 30 Months / BREAKING! FG Okays Ibom Deep Sea Port.. / Approval For Deep Sea Port Is Key – Ondo Apc Tells Buhar (2) (3) (4)

(1) (Reply)

Lagos Deep Sea Port Ready In 30 Months by prof2007: 6:31am On Oct 24, 2019
GOVERNOR Babajide Sanwo-Olu has described the signing of agreements that will deliver the first deep sea port in Lekki in 30 months as another milestone for the state in infrastructural development and commerce. Sanwo-Olu spoke on Wednesday at the signing of four agreements with China Development Bank (CDB), including $629 million financing facility, to accelerate the completion of the Lekki Deep Seaport project, which started in 2011.

The loan was secured from the Chinese bank after China Harbour Engineering Company (CHEC), which owns a majority share in the project, signed a 45-year concessionary agreement with Lekki Port LFTZ Enterprise Limited (LPLTZ) to complete the Phase.

He said the signing of the agreements ended uncertainty that had trailed the delivery of the project. He noted that the completion of the project would invigorate the Lagos economy and push it up in the index of largest economy in the world.

“This is a new beginning for us in Lagos. We have achieved another milestone in our efforts to transform the State and accomplish the 21st century economy ambition. As a Government, we are fully in support of the project. We will do all we can to ensure the terms of the agreements signed today are delivered within 30 months as agreed and we expect the outcome would catalyse Lagos’ fifth largest economy and take it up more in the index of largest economies in years to come.”

SOURCE: https://thenationonlineng.net/lagos-deep-sea-port-ready-in-30-months/

1 Like 1 Share

Re: Lagos Deep Sea Port Ready In 30 Months by MANNABBQGRILLS: 6:56am On Oct 24, 2019
Sanwo-Olu is working.

Lagos is progressing.

God bless Lagos state.

God bless Nigeria.

2 Likes 3 Shares

Re: Lagos Deep Sea Port Ready In 30 Months by Mcreloaded(m): 7:19am On Oct 24, 2019
In other words 2 years 6 months.
So far it gets done we know there is a difference between 6 and half a dozen.

When you hear that the duration of a project is quoted in months and not years the know the matter is not clear.

(1) (Reply)

Invest In Schools / Available Loan For Your Business / These Is For Investors That Need Good Returns Within A Short Period

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.