The Lagos State Government in collaboration with the Federal Government through the Nigerian Ports Authority and a private investor – Lekki Port Lekki Free Trade Zone Enterprise, LPLE, has commenced the development of the Lekki Deep Seaport in Akodo, Ibeju-Lekki Local Council of the state.
Commissioner for Commerce and Industry, Olusola Oworu when contacted over the level of work said that currently the shareholders' agreement has been executed while preliminary works have started at the site.According to her, the development of Lekki Deep Seaport (Phase I) would gulp $1.5 billion. When completed, the port would relieve the pressure on the Apapa and Tin-Can Island ports and would also support business activities at the Lekki Free Trade Zone.
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