Following the commissioning of the World Class Lekki Seaport in Lagos, Nigerian Export Promotion Council (NEPC) says the Deep Seaport would boost Nigeria\u2019s non-oil export.
\nExecutive Director and Chief Executive officer, NEPC, Dr Ezra Yakusak, said the development came on the heels of tremendous performance recorded in the non-oil export sector in 2022.
\nA statement signed by the Head, Corporate Communications, NEPC, Ndubueze Okeke, quoted Yakusak as saying that the seaport would further ease the perennial congestion at the Apapa Ports.
\n\u201cThis development comes on the heels of the tremendous performance recorded in the non-oil export sector in 2022 in which the sector recorded a significant result of 4.820 billion dollars in 2022, representing an increase of 39.91 per cent over 2021.
\n\u201cThe Lekki Deep Sea Port will not only provide jobs, directly and indirectly along the value chain, but will further ease the perennial congestion at the Apapa Ports and thereby enhance the export drive of the country\u201d.
\n\u201cIt will also guarantee seamless trade facilitation in West Africa\u201d.
\n\u201cHaving been designated a Customs port, all is now set for commercial vessels to berth and clear cargo at the port, which is reported to be the country\u2019s first Deep Sea Port and first fully automated as well,\u2019\u2019 Yakusak said.
\nHe explained that the Lekki sea port, domiciled within the Lekki Free Trade Zone (LFTZ), would further create an enabling environment for business and commercial activities to thrive.
\nAccording to Yakusak, this is particularly for the export of Nigerian products as it will play a strategic role in promoting international trade and sustainable economic growth for the country.
\n\u201cThe commissioning of the Lekki Deep Seaport is strategic and very key to the development and promotion of export trade.
\n\u201cIndeed, it will ease the supply chain constraints and enhance logistics given the vital role of logistics in facilitating the transportation of goods to the international market.
\n\u201cIt is also a major source of foreign exchange earnings,\u201d he said.
\nYakusak said further that about 214 different products ranging from manufactured, semi-processed, solid minerals to raw agricultural products were exported in 2022.
\nHe also said 19 exit points were used, with Apapa Port recording the highest tonnage of exports.
\nYakusak commended President Muhammadu Buhari for providing the political will to execute the project in collaboration with other stakeholders.
\nThe CEO, NEPC, said the project was expected to add about 361 billion dollars to the economy.
\nThe LEKKI seaport, he said, is a joint venture between the Nigerian Ports Authority (NPA) and the Lagos State Government, Tolarams Group (owners of the Lagos Free Zone), and China Harbour Engineering Company.<\/p>\n
BY: Stories by Chinedu Wosu<\/p>\n","protected":false},"excerpt":{"rendered":"
Following the commissioning of the World Class Lekki Seaport in Lagos, Nigerian Export Promotion Council (NEPC) says the Deep Seaport would boost Nigeria\u2019s non-oil export. Executive Director and Chief Executive officer, NEPC, Dr Ezra Yakusak, said the development came on the heels of tremendous performance recorded in the non-oil export sector in 2022. A statement […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-312614","post","type-post","status-publish","format-standard","hentry","category-maritime"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/312614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=312614"}],"version-history":[{"count":1,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/312614\/revisions"}],"predecessor-version":[{"id":312619,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/312614\/revisions\/312619"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=312614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=312614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=312614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}