x

NPA meets investors in China discusses next phase of Lekki Port’s development

By our correspondent

Mohammed Bello-Koko, managing director of the Nigerian Ports Authority (NPA) recently represented the Federal Government at the Board Meeting of the Lekki Port LFTZ Enterprise Limited (LPLEL) owners of Lekki Deep Seaport in Beijing China.

The Board Meeting was held at the headquarters of China Harbour Engineering Company Ltd (CHEC) in China.

The meeting created an opportunity for the board to have finance and investment-related talks with shareholders and investors.

During the meeting, there were high-level engagements with CHEC top executives, and the China Development Bank (CBD) to concretise decisions on the next development horizons for Lekki Port.

The plan to begin the next phase of port development is coming barely one year into the commencement of commercial operations at the port.
Also, the board had a technical session with the Lekki Terminal equipment manufacturer, Shanghai Zhenhua Heavy Industries Company Limited.

According to them, the idea was to consolidate the operational efficiency and sustenance of the competitive advantage of the Lekki Deep Seaport as its overarching objective.
Also present at the meeting were Wu Guohua, deputy director-general of Global Cooperation at China Development Bank; Zhao Nan, director of International Cooperation; Li Beirui, deputy director at CDB; Dalian Region Zhan Xiao, deputy director of China Development Bank, and a representative of the Tolaram Group on the Board of Lekki Port.

Hot this week

Bandits Demand ₦500m Ransom for Abducted Kaduna Photojournalist, Kill One Captive

By Achadu Gabriel, KadunaArmed bandits have demanded a ransom...

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

PANDEF Reconciliation Committee Urges Calm, Forgiveness in Rivers State Crisis

By Wilfred FrancisAbuja, Nigeria - The PANDEF Reconciliation Committee,...

Group faults Gov Eno for APC flag at Uyo Town Centre

By Ogenyi Ogenyi, .UyoAn advocacy group in Akwa Ibom,...

U.S. Foreign Policy Shifts and Their Implications for Global Geopolitics

By Michael OnjewuIn an era where multilateralism is increasingly...

VAR errors rise to 13 in first half of EPL season

Video Assistant Referee (VAR) mistakes have increased during the...

Ondo governor marks 61st birthday with pardon for seven inmates

Ondo State Governor, Lucky Aiyedatiwa, has granted amnesty to...

Related Articles

Popular Categories

spot_imgspot_img