Nigeria opens 'game changer' billion-dollar deep seaport
President Muhammadu Buhari has made building infrastructure a key pillar of his government's economic policy and hopes that this will help his ruling party win votes during next month's presidential election.
The new Lekki Deep Sea Port is 75% owned by the China Harbour Engineering Company and Tolaram group, with the balance shared between the Lagos state government and the Nigerian Ports Authority.
"This is a transformative, game-changer project. This project could create at least 200,000 jobs," Chinese Ambassador to Nigeria Cui Jianchun said after the port was commissioned by Buhari.
China is among the largest bilateral lenders to Nigeria and has funded rail, roads and power stations.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/About Seun Sanni
(Writing by MacDonald Dzirutwe; Editing by Jan Harvey)Related
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