Port · Nigeria

What value of project assets did Nigeria's ICRC report for Lekki Deep Sea Port in 2023?

Lekki Deep Sea Port is a container and bulk-cargo harbour east of Lagos built through a public-private concession. At its January 2023 inauguration, Nigeria's Infrastructure Concession Regulatory Commission described US$1.5 billion in project assets and separately identified US$800 million of construction spending. The playable figure is the stated asset value, not an additional construction bill or the port's projected 45-year economic impact.