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
-
Developers appoint contractor for $500m wastewater treatment project
16 February 2026
-
Acciona to build São Paulo road for €334m
14 February 2026
-
Alstom and Terna team win €992m Romania rail contract
14 February 2026
-
VinSpeed teams up with Siemens Mobility for Vietnam high-speed rail project
12 February 2026
-
Axpo, Enhol sign ten-year PPA for 3.7TWh in Spain
12 February 2026
-
Webuild hits the road in Virginia
8 February 2026


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