Federal Government of Nigeria says the Lekki Deep Seaport when fully operational would create over 169,972 jobs for youths.
It will also  generate a total revenue of $201 billion in 45 years.
Minister of Information and Culture, Lai Mohammed, stated this in Lagos when he took a tour of the $1.53 billion mega project at the weekend.
The Minister, who was accompanied by heads of parastatals under the Ministry of Transportation, expressed joy at the quality of work done.
He assured Port users and investors that the port would become operational in the last quarter of 2022.
“When fully operational, the deep seaport will create 169,972 jobs in addition to the $201 billion that will be generated to Lagos State and the Federal Government through taxes, royalties and duties.
“The direct and induced business revenue impact is estimated at $158 billion in addition to a qualitative impact on the manufacturing, trade and commercial services sector”, He said
Describing the project as a game-changer, the Minister added that the Port has gulped $800 million on construction alone, stressing that the aggregate impact has been put at $361 billion in 45 years, which will be over 200 times the cost of building it.
“When it begins operation in the last quarter of this year, it will make it possible for Nigeria to regain the maritime business that was lost to ports in Togo, Cote d’Ivoire and Ghana.
.”It is also a big boost to Nigeria in its quest to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA).
“A major advantage we have to leverage on is transhipment. With this port, Nigeria will become a transhipment hub and the revenue we are currently losing to our neighbouring countries will come here,” he said.
Phase one of the project, according to the Minister, has reached 89 percent completion, assuring that it will hit the 100 percent mark in September.
“The project is self-sufficient in required electricity. It is now ready to generate up to 10 megawatts and the total capacity is 16 megawatts,” he said.
He appealed to media to report positive developments in Nigeria rather than negativities that portray the country in a bad light.
“I want to appeal to our colleagues in the media to play up these developmental efforts instead of concentrating energy on negativity.
“Let the world know that Nigeria is not all about kidnapping, terrorism and banditry. It is also about massive developments that are unprecedented,” he added.

Stories by Chinedu Wosu