N226bn Chinese loan for Lekki Port construction

Lekki Deep Sea Port, LDSP, at the Lagos Free Trade Zone, which was moribund for some time, may have hit a rebound with a loan of $629million, about N226 billion, from the China Development Bank, CDB, for the final phase in the construction of the port which is to be Sub-Saharan Africa’s deepest and Nigeria’s first deep seaport.

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