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Project Overview & Structure | Lekkiport
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Lekki Port LFTZ Enterprise Limited was awarded the concession for 45 years by
Nigerian Ports Authority on a Build, Own, Operate and Transfer (BOOT) basis. Under
this agreement, LPLEL is required to develop, nance, build, operate and, at the end
of the concession term, transfer the port to NPA. LPLEL will earn revenues through
operations of the port.
Upon completion, Lekki Port will have a total of 3 container berths, 1 dry bulk berth
and 3 liquid berths.
The shareholding structure of the Port is as follows:
Shareholders
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Percentage
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5/6/2021
Project Overview & Structure | Lekkiport
Shareholders
Percentage
International Consortium led by Lekki Port Investment
Holding Inc.
CHINA HARBOUR ENGINEERING COMPANY LTD.
(CHEC)
52.50
22.50
TOLARAM GROUP
Lagos State Government
20.00
Nigerian Ports Authority
05.00
Total
100.00
STRUCTURE AND RESPONSIBILITY
On 21 April 2011, LPLEL entered into a Concession Agreement with NPA for the
rights to build and operate a deep-sea port in Ibeju Lekki, Nigeria. This Concession
is granted under the Nigerian Ports Authority Act 2004. The Concession and the
Nigerian Ports Authority Act 2004, form the legal and regulatory basis for the
construction and operation of Lekki Port.
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As LPLEL has ultimate responsibility under the Concession Agreement, it will
manage the interfaces between NPA, the Lekki Port operations manager and the
three industry specialist terminal operators.
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CORRESPONDENCE OFFICE:
Lekki Port LFTZ Enterprise
Lekki Port LFTZ Enterprise
Limited
Limited
C/O Lagos Free Trade Zone,
10th Floor - NIPOST Tower,
Itoke Village, Ibeju-Lekki,
23 Adeola Odeku Street,
Lagos, Nigeria.
Victoria Island, Lagos,
Telephone: +234 901 000 1888
E-mail: lekkiport@lekkiport.com
CONNECT WITH
US:
 
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Nigeria.
Telephone: +234 1 461 5907
E-mail: lekkiport@lekkiport.com
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