INVESTORS TO PLOUGH N237.3 BILLION ON LEKKI DEEP SEAPORT


Commissioner for Commerce, Lagos, Mrs. Shola Oworu

Commissioner for Commerce, Lagos, Mrs. Shola Oworu

Lagos State Governor, Mr. Babatunde Fashola

Lagos State Governor, Mr. Babatunde Fashola

The Lagos State Government said yesterday that the investors working on the Lekki Deep Seaport in Akodo, Ibeju-Lekki Local Government has earmarked a total of $1.5 billion Dollars, about   N237.3 billion in the development of the seaport.  Commissioner for Commerce and Industry, Mrs. Olusola Oworu who made the revelation in Lagos said the project is being carried out through a Public Private Partnership (PPP) arrangement.She said the state government thought about the idea of the seaport due to the inadequate facilities at the Apapa and Tin-Can Island Ports.

He said the Lagos State Government in collaboration with the Federal Government through the Nigerian Ports Authority and a private investor – Lekki Port LFTZ Enterprise (LPLE) has commenced the development of the Lekki Deep Seaport in Akodo Ibeju Lekki Local Government area of the State.

“Presently Shareholders Agreement has been executed while preliminary works have started at the site. When completed the Port would relieve the pressure on the Apapa and Tin-Can Island ports and would also support business activities at the Lekki Free Trade Zone. The construction of the port is expected to last for about 4 years and over 10,000 jobs are projected to be created directly and indirectly during the construction period while over 169,000 jobs would be generated directly and indirectly when it becomes fully operational”, she said.

She said the state government has paid compensation to all those whose lands were acquired to pave way for the project adding that compensation was yet to be paid to beneficiaries in the second  lot since work is yet to commence in that area.She said the Consumer Protection Committee inaugurated in 2008 created a platform for speedy resolution of consumer complaints and grievances.

“The activities of the committee have become more popular with members of the public as it has provided them the opportunity of resolving transactional grievances and disputes without necessarily going through the rigours of initiating court actions which are usually time consuming and expensive”, she said adding that since inauguration, the committee has recorded remarkable increase in the number of cases brought before it.

“Two hundred and twenty-one (221) cases have been entertained, most of which bordered on consumers’ dissatisfaction with goods purchased from manufacturers or their accredited representatives and service providers. Not less than 90% of these cases have been amicably resolved to the satisfaction of all the parties involved”, she said.

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