French firm to operate lekki ports container terminal

You're referring to the recent news about the Lekki Deep Seaport in Nigeria!

Yes, you're correct. The Lekki Deep Seaport, a major port project in Lagos, Nigeria, has announced that a French firm, Bolloré Ports, will operate its container terminal.

Here are some key details about the agreement:

  1. Terminal operator: Bolloré Ports, a subsidiary of the French multinational company Bolloré Group, has been selected as the terminal operator for the Lekki Deep Seaport's container terminal.
  2. Container terminal: The container terminal, which is expected to be one of the largest in West Africa, will have a capacity to handle 1.2 million twenty-foot equivalent units (TEUs) per annum.
  3. Investment: The Lekki Deep Seaport project is expected to attract significant investment, with an estimated cost of $1.5 billion.
  4. Economic benefits: The project is expected to create thousands of jobs and boost Nigeria's economy by increasing trade and commerce in the region.
  5. Strategic location: The Lekki Deep Seaport is strategically located near the Lagos port, which is one of the busiest ports in West Africa, making it an ideal location for trade and commerce.

This agreement is a significant development for Nigeria's port sector, and it's expected to enhance the country's trade and economic competitiveness in the region.