Nigeria Starts Construction of Lekki Deep Sea Port in Lagos

Illustration; Image Courtesy: Lekki Port

Nigeria’s government has launched the construction of the Lekki Deep Sea Port in Lagos, pledging to provide the needed support for the project.

Located at the center of the Lagos Free Trade Zone, the deep sea port will feature three container berths, one dry bulk berth and three liquid berths. It would be capable of handling up to 2.7 million TEUs on an annual basis.

Port developers are also expected to undertake dredging of the port channel to a depth of about 16 meters in an effort to accommodate larger ships.

The USD 1.5 billion project, which is expected to be finalized in 2020, would deliver one of the largest sea ports in the region, Muhammadu Buhari, the President of Nigeria, was cited as saying during the inauguration ceremony, held on March 29.

The port would enable Nigeria to maintain its position as a leading maritime hub in the West Africa and Gulf of Guinea Maritime Domain.

The development of Lekki Deep Sea Port has been conceptualized on the basis of a significant gap in projected demand and capacity. Market studies indicate that the demand for containers is expected to grow at a CAGR of 12.9% up to 2025. The capacity shortfall for container terminal facilities in Lagos was projected to reach up to 5.5 million TEUs in 2025.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >