Lagos Free Trade Zone (LFTZ) Chief Executive Officer (CEO) Dinesh Rathi has stated that the newly opened Lekki deepwater port will boost Nigeria’s economy by increasing trade volume and attracting more foreign direct investment (FDI). ), for Nigeria, through the Zone.
Rathi said this while delivering his goodwill message at the official commissioning of the Lekki deep-water port by the President of the Federal Republic of Nigeria, President Muhammadu Buhari, which was held at the site of the port on last week.
In his speech, he revealed that with the integration of the Lekki deep-water port, the Lagos Free Zone is the most ideal investment destination, given the quality of infrastructure available within the Zone. He noted that the Port would provide unparalleled competitive advantages to LFZ investors in terms of ease of doing business and commercial efficiency.
Rathi congratulated the project’s shareholders, partners and contractors for their concerted effort to bring the project up to date. He expressed his 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-water port today by President Muhammadu Buhari marks an important milestone for the government and people of the great country 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 thanks to the Federal Government, the Lagos State Government and all relevant government/para-state agencies, especially our regulator, the Nigerian Export Processing Zones Authority (NEPZA) for their support throughout this journey.” , said.