25/08/2022
ACEN Future Leaders Forum was privileged to tour the most modern multi-purpose, deep sea ports in for our 2022 Technical and Study Visit.
Our delegates at the technical visit were Elizabeth Olatunde-Olaogun olawale BELLO ENGR. CHUKWUEBUKA OKEKE NEPA Hafeez Lawal MNSE,MNICE Engr. Hussein Orekoya, MNSE, Aff.M.ASCE Owoade Adeshina Clement Olaniyi Ayegbusi Engr. Oladeji Abiodun among others.
We would like to thank Lekki Deep Sea Port LFTZ Enterprise Limited management and staff represented by Mr. OGUBUNKA BETHEL, Mr. Azanor Samuel, and Ms. Ada Ukonu for giving us such an opportunity.
Also, special thanks to Association for Consulting Engineering in Nigeria and ACEN member firms that made it possible for their future leaders to participate in the Technical and Study Tour: BSDCL (Building Service Design Consultants Limited) Ove Arup & Partners Nigeria Ltd Project Plus Ltd Automated Geotechnics Ltd, etc.
The port is indeed a world-class port and booming commercial operations in and throughout will greatly benefit from the port.
Upon completion, Lekki Port will have a total of 3 container berths, 1 dry bulk berth, and 3 liquid berths.
MACROECONOMIC IMPACT
DIRECT ECONOMIC IMPACT
169,972 jobs to be created from Port operations.
Approximately US$ 20 bn to be spent on employee salaries
Revenue to state and federal agencies from taxes, royalties, and duties of approximately US$ 201 bn
CATALYTIC ECONOMIC IMPACT
The direct and induced business revenue impact of US$ 158 bn
Qualitative impact on Manufacturing, Trade, and Commercial Services Sector
Lekki Port will have an aggregate impact of approximately US$ 361 bn on the Nigerian economy over the term of the concession
The project offers a multiplier effect of more than 230 times of total cost.
