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The Independent UK
The Independent UK
National
Chinedu Asadu

Nigeria bets on Chinese-funded port to drive economic growth

Nigeria Lagos Economy Africa West Africa
Copyright 2023 The Associated Press. All rights reserved

Nigerian President Muhammadu Buhari has marked the opening of a $1.5 billion, Chinese-funded deep seaport in the commercial hub of Lagos that authorities hope will help grow the West African nation's ailing economy.

The Lekki Deep Sea Port is one of the biggest in West Africa and will create hundreds of thousands of jobs in addition to easing cargo congestion that costs billions of dollars in annual revenue, Lagos Gov. Babajide Sanwo-Olu said Monday.

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