The Hon. Minister of Transportation, Mu’Azu Sambo, on Monday said the full automation status of the Lekki deep seaport would enhance Nigeria’s export competitive in the international marketplace.
The Minister stated this at the state banquet in honour of President Muhammadu Buhari by the Lagos State Government on the commissioning of the Lekki Deep Seaport.
He said one of the features of Lekki Deep Seaport is its full automation which would enhance the competitiveness of Nigeria’s exports in the international marketplace.
He added that on commencement of operations, the deep seaport would create over 170,000 direct and indirect jobs.
“The distinctive features of Lekki Deep Seaport such as full automation, which positions it for quick cargo and vessel turn around, will greatly enhance the competitiveness of Nigeria’s exports especially agro-allied products in the international marketplace, and position Nigeria to maximize the opportunities inherent in the African Continental Free Trade Area (AfCFTA) Agreement.
Appreciating Mr. President, the Nigerian Ports Authority, investors and all stakeholders on the accomplishment of the project, Sambo said nation’s economy would get a boost to the tune of at least 350 billion dollars in revenue.
“This project will go down as one of the major legacies of this administration. In addition, this project will make an immense impact on the nation’s economy, generating about 350 billion dollars in revenue.
“I, therefore, say big congratulations to Mr. President, the Federal Ministry of Transportation, the Nigerian Ports Authority, the investors and all stakeholders on the accomplishment of this milestone,” he said.
Sambo said that it particularly felt fulfilling that the deep seaport project was completed in a record time of 45 months.
“Completing a project of the magnitude and impact of a deep seaport in a record time of 45 months shows the effectiveness of tenacious ministerial supervision, strict regulatory oversight and strong presidential backing,” he said.