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Lagos State Government said it has secured a loan of $629 million to finance the on-going Lekki Deep Sea Port Enterprise Limited, LPLEL, billion dollar project. Commissioner for Commerce, Industry and Cooperatives, Dr. Lola Akande, disclosed this on Monday, at the year 2021 ministerial press briefing to commemorate the second year in office of Governor, Bababjide Sanwo-Olu, held in Alausa, Ikeja. Lekki deepsea port is being built over 90 hectares of land at the centre of the Lekki Free Trade Zone, LFTZ, approximately 60 kilometer east of Lagos. It is the first deepsea port to be built in Nigeria on Built Own and Transfer agreement. Construction of the initial budgeted $1.5 billon deepsea port began in December 2017 and the project is expected to be completed in 2023 after been reviewed. The multi-purpose Lekki port will have container, liquid and dry bulk terminals to serve container vessels of up to 8,000TEUs (20ft equivalent units), dry bulk vessels, and liquid bulk cargo vessels. A 9 kliometres-long and 19 metres -deep navigation channel and a 600m-wide turning basin will be built to allow vessels to approach or leave the port. A 1,500m breakwater structure and a 300m secondary breakwater structure will be constructed for safe handling of vessels Other facilities at the port will include a 6km-long and 14.5m-deep approach channel, quay wall, cargo handling cranes, and three 19m-deep liquid jetties. When operational, the Lekki deepsea port is expected to be one of the most modern ports in West Africa and support the growth of commercial operations in the region as well as serve as alternative to Apapa Ports. According to Akande, the loan secured from China Development Bank, CBD, has been deployed ito support, falicitate the construction, development of the giantic project and early operation in year 2022 targeted period. “Current completion percentage as at February 2021 stood at 47 per cent, trial operations of the port is slated for third quarter of year 2022 while commercial operations is slated for first quarter of year 2023,” she stated. Akande explained that the project has provided job opportunities to 611 local workforce, which in life: 32 local skilled workforce, 513 local semi-skilled and 66 local un-skillled labour. Also speaking on the state of the ongoing construction of Dangote refinery and Petrochemical Industry in LFTZ, she said the project which has generated over 1,000 local employees, is expected to commence operation by end of the second quarter of 2021. Akande added that the construction of an integrated petroleum delivery system valued at $230 million has been completed. “Total number of 40 free zone enterprises were in operation as at February 2021,1054 local employment generated between October 2020 and February 2921. “Though, Lagos State Government has no shares in Dangote Group,we stand to benefit from employment opportunities.” Others are approval of the sum of N1billion by the Governor Sanwo-Olu as a single digit soft loans for the Tourism and Entertainment sector in the State to cushion the effect of the COVID-19 pandemic on their businesses, and the approval of 50% rebating on Registration and Renewal fees for Hospitality and Tourism Establishments in Y2020.., among others. https://www.vanguardngr.com/2021/05/lekki-deep-seaport-lagos-deploys-china-629m-loan-for-execution-of-project/
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Foolish Igbos claiming to be developers n taaging others people land should respect themselves instead of being foolish whereever they escaped to avoid the doom. N poverty in Alaigbo. raker300: |
Are the nurses being owed if not then the sack is in order. You want to be earn Kaduna money to sabotage the same Kaduna after your salary is paid mbanu it will not work. Bossontop: |
Igbos n foolishness, just imagine Sawno left all those project Fashola constructed like Amabode did n like this foolish Hope is doing. Is it Okorocha's money that will be waste or if the foiah Ihedioha or Hope had completed n equipped all the facilities will it not be Imolites n their supporters they'd have employed. |
Ikpeazu can not even complate a single bridge in 8 whole years. Here is what Oyetola is building to be complate next year. Igbochief001:
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Shame no de catch you Igbos at all. Look at the quality of road the person you are comparing the failed Ikpeazu n Ugwuayi with. This are just few of the completed jobs in less than 4 years while Ikpeazu n Ugwuayi spent combined 16 years already. Sir you need to be stoned to death for making this comparison. Igbochief001:
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That Okada is banned in Lagos does not mean you n your family can not go n ride Okada in Aba Sambisa or Ibadan pejuakinab: |
Lagos na your papa state. You can have all the almajiri from Borno Kano etc go do Okada rider 4 you state. post=101819610: |
Foolish Igbos not minding their business |
We are talking newly constructed not newly painted or your brain can not comprehend that. Igbochief001: |
The last oba that died in yoruba land was it your father's head that was buried with it. You mentioned Sanusi to buttress how pathetic you Igbos reason. The same Sanusi that is a Fulani leading the slaughtering of your father n mothers in Alaigbo as we speak today 18 May 2021. Here is his opinion on Igbo, I leave you n you father to choke on it then come with an more sensible quote from someone his brain truly functions not a jerk that his father was deposed only for him to be deposed just like his father was. I can understand you are clutching at straw to draw your hate filled Igbos tribe to the mighty Yoruba but you will fail at that till eternity. LOL clown claiming Abiola was sold out while your foolish tribes were earnestly asking for a despot in Abacha, what about Azikwe slaving his miserable life away as a ceremonial lunatic under an uneducated kunu sipping / gworo chewing Tafawa Balewa, not to mention Ekweume rotting away in kirikiri for Shagari's loot. A man who was being provided with all sorts of Igbo olosho under house arrest. Sir, with this few point I am sure if I proceed any further you might comteplate getting a knife or just going straight into the Lagoon. Make I leave u make the wind of foolishness bigotry n hate keep on shattering your soul. NimrodEndOfDays: |
Tell us 3 standard road constructed by Ikpeazu in 8 years not those washed away by rain n for each on you listed I will ment 3 by Osun state. Igbochief001: |
Coming from a lunatic against restricting / state police in Nigeria as at 2021, I rather my brain remain empty rather than with the foolishness you fed fat on. Indispensable85: |
Whi h of the Abia governor Kalu Orji, Theodore Orji or the new face of everything failure in human existence the collosus in failure Ikpeazu ?! Lol Igbochief001: |
Bro Igbos that are nurtured from the womb with chronic hate, irredeemable bigotry and acute level of foolishness, saying people with those trait is senseless is an understatement to say the least or how do you explain a foolish tribe segregated a part of it own brethren, labelled them "OSU" to be hated. Bro, a tribe like that is doomed till eternity. NimrodEndOfDays: |
This one na fooliah talk we are no longer in the 60s. The FG of federal allocation should be reduced 25% producing state 30% LGA as it was before the first coup in Nigeria n the police should split the rest. Indispensable85: |
Yes o lack of political by Obj Yaradua Ebele but I wonder why you senseless singled out Buhari. SmartPolician: |
Wake morning don reach o. Time to wake from self inflicted foolishness. jlinkd78: |
I do understand n I presume that his why your Igbos tribesmen will rather vilify Tinubu that never stole a kobo from you be it from federal or state coffers. Ipob101 : igbo logic of delusion and unbridled foolishness. Igbochief001: |
Yoruba have always been more than fair to you Igbos that is why an Azikwe in his foolishness can phantom an idea to be premier of the Western region instead of nominating a Yoruba in NCNC to fly the party flag after the death of it founder Herbert Marculay. The same reason why you lot insult Yoruba n claim Lagos is a no man's land. The same reason why your won't see Yorubas denigrate the like of Theodore Orji, Kalu Orji, Ikpeazu Ugwuayi Umahi etc but what do Igbos do to Tinubu Fashola Aregbe Lai etc. Firstorderwizard: |
Believe Ipob/Igbo fraud news at your own risk. To outsiders there is nothing that tribe won't do to exhibit irredeemable bigotry n hatred on Buhari. Sad that one too can not help himself with his glaring failure in every facet of Nigeria society now. Shame #. See them below making senseless comments in the face of hard facts. How n who breed these set of dafts is beyond me. Maromark: Andyvilly: gerrardomendes: SouthSouth1914: AmuAwusa: signature2012: Seniorwriter: yeyeboi: lilvicky68: |
Is that why after 8 years of endemic looting n no single legacy or project you hated filled clown sent Theodore Orji to the senate to continue to plunder the destiny of your unborn children in advance to their arrival while his son plunder your destiny n that of your father in this present day as the speaker of Abia house of assembly ?! Of I forget it was Tinubu that caused it. Igbochief001: |
To those that celebrate the likes of FFK n Co. You can see how Igbos want to lynch their own tribesmen for being unbiased in judgment. To the neutral Yorubas this is exactly how so foolish set of Yoruba wanted to sell Yoruba to Azikwe before Awolowo came to the rescue. That is the only reason Igbos hate him today all the story about hunger during the are big fat lies. It is the reason Igbos hate Tinubu today too. You all see how Igbos support a lunatic in the person of the olosho fugitive Kanu. To those of you sitting on the fence while senseless Igbos think they are entitled to an opinion about Lagos Tinubu Fashola Aregbe Lai n SW in general when the consequences of your foolishness hit home your unborn children will have a awful tales to tell about how after the British colonized Nigeria, his or her foolish parents watch Igbos trample on their tribe sovereignty because of Tinubu hate. |
You know them too well. Etrio: Testtest0: symbianDON: MultiTasker: |
Waiting on the dull head Kanu to confirm if this El Jibirin, dead Buhari, it incarnate or a brand new clone. How a tribe can allow itself to be foolishly mislead out of irredeemable bigotry, a chronic hate n excessive foolishness is beyond me. What foolish set of human reason so shabbily, so pathetically ?! Testtest0: symbianDON: MultiTasker:. It's no use telling what tribe in Nigeria these set of hopeless rejects nurtured which chronic hate are from. Any Nigeria with a functional medulla knows that. Make I save my comment before the yeye clown come n hide it. |
So they should have allowed him to continue spreading falsehood n foolishness on SM just because it suit your delusion ?! Administration1: |
You father must be shameless with how many igbo perishing at Orr for your forefathers foolishness. kettykin: |

