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Buhari congratulates Nigerian Ports Authority, Transport Ministry

President Muhammad Buhari has congratulated the Transport Ministry and the Nigerian Ports Authority and other stakeholders in the maritime sector over the feat, and for their role in ensuring the project came to light.

This was contained  in a statement issued by the Presidency on Saturday.

The president said his decision and approval of four new seaports in the country, including the Lekki Deep Sea port,  is to create job opportunities and facilitate trade in Nigeria which will grow the economy.

“The decision is also aimed at creating massive job opportunities, foreign investment inflows and trade facilitation,” President Buhari said.

The President praised the staff and management in the nation’s maritime sector who are working round the clock to make the operationalisation of Lekki Deep Sea Port before the end of the year a reality, while  reassuring of his commitment to sustain investments in these new assets.

“The nation’s maritime and aquatic resources are critical to the livelihoods of Nigerians and the Government will spare no effort in successfully harnessing the potential of the sector,” he added

It is recalled that the Information Minister, Lai Mohammed stated that the project is expected to bring revenues of about $201 billion to federal and state governments through taxes, royalties and duties as well as an aggregate impact of $361 billion in 45 years upon the commencement of operations at the port.

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