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Inauguration of a deepwater port in Nigeria: China grants $1.5 billion in funding

26/01/2023
Source : ORISHAS FINANCE
Categories: Companies

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Nigerian President Muhammadu Buhari marked the opening of a deepwater port in the Lagos commercial center. It has been financed by China to the tune of $1.5 billion and officials hope it will contribute to the growth of the struggling West African nation's economy.

port en eau profonde de Lekki est l' un des plus grands West African island. According to the governor of Lagos Babajide Sanwo-Olu, ce port permettra de créer des centaines de milliers d' emplois en plus de réduire la , cargo congestion costs billions of dollars in annual revenue. Indeed, the container terminal at this port can handle at least 2.5 million standard 20-foot containers per year. It will be operated as a joint venture between the Nigerian government, Lagos State, the Singapore Group, Tolaram basé à and the public company China Harbor Engineering Company.

En réalité, malgré que le Nigéria soit la plus grande économie d' Afrique, sa croissance est en panne depuis de nombreuses années en raison de la poor infrastructure and poor management.

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