FG says Lekki deep seaport to generate $201 billion revenue, to create 170,000 jobs


The Federal Government has said that the Lekki deep seaport which is expected to be completed before the end of the year would create about 170,000 jobs to boost Nigeria’s economy.

This is as the project is expected to bring revenues of about $201 billion to federal and state governments through taxes, royalties and duties as well as an aggregate impact of $361 billion in 45 years upon the commencement of operations.

This was made known by the Minister of Information and Culture, Alhaji Lai Mohammed, during a routine tour of the port, on Wednesday, saying that the port project was critical to the nation’s economic development.

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