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Business News of Saturday, 13 May 2023

Source: www.punchng.com

Lekki Port to improve ports operations

Lekki Deep Sea Port Lekki Deep Sea Port

The management of the Lekki Deep Seaport has said that the port will serve as a trans-shipment port for cargoes going to eastern ports.

The Chief Commercial Officer of Lekki Freeport Terminal, Kehinde Olubi-Neye, said this while addressing journalists during a recent tour of the port facility.

Olubi-Neye also said that the port will work towards recovering the country transship cargo loss to other neighbouring West African countries.

According to him, the new port, which has invested close to $100m in the acquisition of terminal and cargo handling equipment, has the needed equipment and the draft to recover transship cargo bound for landlocked neighbouring countries.

Olubi-Neye added that the management of the Lekki Freeport Terminal had engaged stakeholders, including Nigeria Customs Service, among others.

He expressed confidence that the firm will recover transshipment cargo not just for the hinterland but also for landlocked countries and other regional countries.

“The port will also play a role in the uptake of cargo in the eastern ports, which is why they are currently having discussions on moving containers discharged at Lekki port by barge to the eastern ports of Calabar, Warri, and Onitsha River Port among others to help increase the economy of those ports.”