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By Oluchi Chibuzor The Lekki Port LFTZ Enterprise Limited said it has received the sum of $60million, which is the first instalment of the $629 million loan facility from the China Development Bank for the construction of the Lekki Deep Sea Port. The $629 million loan facility agreement with China Development Bank was signed in Lagos in 2019, to provide the funding for the deepest seaport in the sub-Saharan African region. According to a statement issued yesterday, the Managing Director, Lekki Port LFTZ Enterprise Limited, Mr. Du Ruogang, disclosed this while briefing the delegation of the Federal Ministry of Transportation and other stakeholders during the ministry’s first quarterly monitoring visit to the project site at the weekend.

Lagos stateOluchi chibuzorChina development bankNigerian ports authorityMinistry of transportationLekki deep seaSaharan africanManaging directorLekki portFederal ministryLagos state governmentலாகோஸ் நிலைசீனா வளர்ச்சி வங்கிநைஜீரியன் போர்ட்ஸ் அதிகாரம்அமைச்சகம் ஆஃப் போக்குவரத்துநிர்வகித்தல் இயக்குனர்