October 28, 2022

Lagos State Governor Babajide Sanwo-Olu says the State has successfully facilitated over $600m in investment into the Lekki Deep Sea Port, working closely with our private and public sector partners.

Politicaeconomistng reports that the governor stated this when he presented N1.693 trillion 2023 Appropriation Bill, tagged Budget of Continuity to the House of Assembly, on Thursday.

According to him, from next week, the test-running of the Lekki seaport will begin.

Sanwo-Olu noted that “This brand-new port have three times the capacity of the Apapa Port and will give Lagos almost 50 per cent of the shipping logistics volumes in West Africa. In addition, we have just recently received the Federal Government’s approval for the development of the Badagry Deep Sea Port.”

“This Budget of Continuity will propel Lagos to the next fiscal level and economic growth. Another significant moment beckons in the life of our administration; it is the culmination of a tenure dedicated to achieving a Greater Lagos, and the start of a new one dedicated to unlocking a higher level of growth and prosperity for our people.

Next year, we will aggressively focus on completing ongoing projects, while also expanding our social intervention programs and support for citizens, and for micro and small businesses”.

“The budget will offer us an opportunity to consolidate on all we have been doing towards satisfying the yearnings and aspirations of the people.”