Nigeria’s Lekki Port to fund $800mln rail line
31 December 2022
Lekki Port LFTZ Enterprise Limited, promoters of Nigeria’s Lekki Deep Seaport, is planning to fund an $800 million rail connection, The Punch newspaper said, citing Chief Operating Officer Enterprise Laurence Smith.
The rail connection will ensure easier and more effective evacuation of cargoes from the port, he said, adding it is an integral part of port operations.
Smith noted that 30% and 70% of cargoes are evacuated in Europe and North America by rail, respectively, as it is cheaper and reduces road congestion.
Lekki Port has obtained the government’s approval to set up the railway, which will span from the port to the proposed eastern coastal rail through Ijebu-Ode, said Lekki Port LFTZ Deputy Chief Operating Officer Daniel Odibe.
Related
-
Malaysian firm wins $93m Medina residential project
24 November 2025
-
Novi Sad plans to build waste-to-energy cogeneration plant
24 November 2025
-
ADB approves $330m loans for clean energy transmission in Pakistan
22 November 2025
-
Google plans €5.5bn infrastructure investment in Germany
22 November 2025
-
Hyundai begins work on hydrogen fuel cell plant in Korea
21 November 2025
-
France’s first simplified solar tender draws limited developer interest
20 November 2025


京公网安备
11010802030424号
京ICP备19046776号-2