Lagos deep sea port to create 300,000 jobs – Sanwo-Olu’s aide

Marcus Amudipe
Marcus Amudipe

 

Ahead of Monday’s flag off or the Lekki Deep Sea Port, the Lagos State Government has revealed that at least 300,000 jobs will be created.

This was disclosed by the Senior Special Assistant to the Governor of Lagos State on New Media, Jubril Gawat, in a statement released on his verified Twitter handle.

AMBusiness reported that the President, Major General Muhammadu Buhari (Ret’d.) will today commission the sea port, a significant development in Lagos state.

Gawat noted that Lekki sea port which is a joint enterprise owned by a group of investors led by the Lekki Port Investment Holdings Inc., the state of Lagos, and the federal government has the capacity to generate more that the expected 300,000 jobs which will be generated in port operations alone.

He also added that there will be many more indirect jobs produced across the value chain.

The Lekki deep sea port, which is a part of the Lagos Projects Festival, is expected to generate up to $20 billion in employee salaries, $201 billion in tax, royalties, and duty revenue for state and federal agencies, and an estimated US$158 billion in business revenue across the value chain.

The Lekki port, according to the SSA to the governor of Lagos state, has a depth of 19 meters and the best infrastructure for large-scale maritime operations and terminal services.

He stated that the Lekki sea port is also now West Africa’s deepest sea port with a marine infrastructure comprising a 9-km-long navigation channel, a 600m wide turning basin breakwaters, quays and berthing facilities.

“It has tank farm storage, loading arms, and pipelines along the breakwater connecting it to the vessels for the transportation of finished goods cargo, such as petrol and diesel” he said.

Additionally, he said that the Sea port would operate continuously throughout the year, around-the-clock, utilizing cutting-edge technology to ensure the efficient and smooth flow of cargo and to provide prospects for new enterprises.


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