Lagos State Governor Babajide Sanwo-Olu has announced that development work on Phase 2 of the Lekki Deep Sea Port will commence soon, a move aimed at strengthening Lagos State’s position as West Africa’s leading maritime and logistics hub.
Sanwo-Olu made the announcement at the Invest Lagos Summit 3.0 held on Tuesday where he highlighted the state’s ongoing investments in infrastructure to drive regional trade and economic growth.
According to the governor, the rapid growth of the Lekki Deep Sea Port has accelerated plans for its expansion, with the facility already nearing the limits of its installed capacity.
“With the African Continental Free Trade Area (AfCFTA) creating a market of over 1.4 billion people and a combined GDP exceeding $3 trillion, Lagos occupies a uniquely strategic position. The Lekki Deep Sea Port, within five years, is moving to phase two because it is almost reaching the full potential of its installed
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