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November 19, 2009

Lack of Infrastructure Threatens Nigerian Suezmax Port

The promoters of the proposed $8bn Lekki port, the first deep sea port in Nigeria, have urged the federal and state governments to provide the basic infrastructure. Lagos Free Trade Zone group managing director Haresh Aswani said the government should help create a road and rail network

By cms admin

The promoters of the proposed $8bn Lekki port, the first deep sea port in Nigeria, have urged the federal and state governments to provide the basic infrastructure.

Lagos Free Trade Zone group managing director Haresh Aswani said the government should help create a road and rail network for quick and easy transport of goods from the port.

“There is a need to fast-track action on infrastructural development as the port would, no doubt, serve as a hub port for the entire West African sub-region on completion,” Aswani said.

The port, expected to commence operations in 2012, is promoted by Eurochem Corporation of Singapore through the Lagos Free Trade Zone Enterprises.

The promoters have also asked for the steady supply of gas for the downstream operations within the zone, which could encourage industrial development.

The port, covering an area of 500ha on completion, will be the first in Nigeria to host Suezmax vessels.

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