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Lekki Deep Seaport will transform Nigeria’s economy, says MD, NPA


Caption L-R: MD Lekki Deep Seaport,
Mr Haresh Ascoani, showing the MD NPA, Habib Abdullahi, the prototype of the
Lekki industrial city, while the General Manager, capital projects NPA, Engr.
Mohammed and PA Admin to the MD NPA, Mr Yakassai, watch during the
visit   
The Managing
Director of the Nigerian Ports Authority (NPA) Mallam Habib Abdullahi, says the
Lekki Deep Seaport project is an example of the Public Private Partnership [PPP]
success story that will transform Nigeria’s economy into global recognition.
A statement
by the Assistant General Manager, Public Affairs of the NPA, said Abdullahi made
the assertion at the premises of the port in Lekki at the weekend in a crucial meeting
with core investors.
  He was also said to have described the
project as a game changer and a catalyst to the Nation’s economy in view of the
number of businesses that the port will attract when fully operational.
Mallam Abdullahi
expressed satisfaction with the arrangement for the takeoff of the project in April
2015.
He also
assured stakeholders that as an investor and technical regulator, the Authority
was committed to the project actualization as it could make Nigeria a hub port
in West Africa.
He added
further; ‘’ the total amount of our equity is $118 Million [One Hundred and
Eighteen million Dollars and as at last year, we have paid N1billion [One billion
Naira and for 2015, we are making effort to pay up what is due to us.
“I cannot
say anything because it is still with the Senate. But we have made arrangements
with the group that we will pay accordingly until the end of the year,’’ he said.
Earlier in a
welcome address, the Managing Director of Lekki Deep Seaport, Mr Haresh Ascoani
told NPA Managing Director that the project will transform the Lekki Free Trade
Zone into a new industrial city in Nigeria when it becomes operational.
 Ascoani disclosed that the Lekki Deep Seaport
would be the deepest seaport in West Africa and second in Africa after South
Africa’s  deep seaport, adding that the
port would drive Nigeria’s economy, create more jobs and attract investment
worth over $25B[Twenty five Billion Dollars].
He told the
Managing Director that the China Construction Company would commence construction
of the port by April and that the promoters of the port, Tolaram Group were
working with the Lagos State Government and the Federal Ministry of Works on
how to build additional roads to ease traffic in the area when the port becomes
operational.

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