November 18 - The Nigerian media is reporting that the promoters of the proposed N1.2 trillion (USD8 billion) Lekki port are urging the federal and state governments to help in the provision of basic infrastructure that would make their huge investment in
Haresh Aswani, the group managing director of Lagos Free Trade Zone, is reported to have said that there is a need for the provision of road and rail network for quick and easy evacuation of goods from the port that is expected to commence operations in 2012.
The reports say that although the Federal Government had already constituted a committee to look at the issue of infrastructure in the area for the benefit of the port, there was need to fast track action on infrastructural development as the port would, no doubt serve as a hub port for the entire West African sub-region on completion.
Lekki port is being promoted by Eurochem Corporation of Singapore through the Lagos Free Trade Zone Enterprises.
On completion, the port would be capable of handling all types of cargoe, including liquid bulk, dry bulk and heavy and over-dimensional project cargoes, say its promoters.