Port of Lekki will boost Nigeria’s economy and attract FDI —Dinesh Rathi

The Chief Executive Officer of the Lagos Free Zone (LFZ), Nigeria’s first private free trade zone, Dinesh Rathi, has said that the newly commissioned Lekki Deep Sea Port will boost Nigeria’s economy by increasing trade volume and increasing foreign direct investment (FDI) to Nigeria, through the Zone.

Rathi said this while conveying his message of goodwill at President Muhammadu Buhari’s official inauguration of Lekki Deep Sea Port, which was recently held at the port grounds.

In his speech, he revealed that with the integration of the Lekki Deep Sea Port, the Lagos Free Zone is the most ideal investment destination given the quality of infrastructure available in the Zone. He noted that the port would provide unparalleled competitive advantages to investors at LFZ in terms of ease of doing business and trading efficiency.

Rathi congratulated the project shareholders, partners and contractors for their joint effort in bringing the project to fruition. He expressed confidence that the combination of the port and the Lagos Free Zone would play an important role in boosting Nigeria’s GDP and creating employment opportunities for the people.

“The commissioning of the Lekki Deep Sea Port by President Muhammadu Buhari is an important milestone for the government and people of Nigeria as this project will have a major impact on economic growth and development. Lekki Port and LFZ will evolve together creating an ecosystem that is the first of its kind in Nigeria.

“We express our sincere appreciation to the Federal Government, the Government of Lagos State and all relevant government agencies/parastatals, especially our regulator, the Nigerian Export Processing Zones Authority (NEPZA), for their support throughout this journey,” he said .

READ ALSO FROM NIGERIAN STAND