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Lekki Port LFTZ Enterprise Limited (LPLEL)

company

Lekki Port LFTZ Enterprise Limited (LPLEL) is the developer and operator of the Lekki Deep Seaport, a multi-purpose port in Lagos, Nigeria, with a project cost of $1.5 billion. The port is capable of handling 2.7 million TEUs of containers, 16.7 million tonnes of liquid cargo, and 1.2 million tonnes of dry bulk annually.

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Founded 2011
Port Developer & OperatorDeveloperOperatorInvestor

Strategic Overview

  • LPLEL is a public-private partnership (PPP) involving the Tolaram Group, China Harbour Engineering Company (CHEC), Lagos State Government, and Nigerian Ports Authority (NPA).
  • The Lekki Deep Seaport is strategically located within the Lagos Free Trade Zone, aiming to serve as a major gateway for Nigeria and the West African region.
  • The port is designed to be a multi-purpose facility, handling container, liquid, and dry bulk cargo, significantly enhancing Nigeria's maritime logistics capabilities.

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Key People

Mr. Biodun Dabiri
Chairman
Mr. Du Ruogang
Managing Director
Mr. Steven Cai
Chief Executive Officer
Mr. Jide Fowode
Chief Operating Officer
Mr. Bolaji Adewale
Chief Financial Officer
Mr. Adewale Teluwo
Chief Technical Officer
Mrs. Adesuwa Ladoja
Chief Legal Officer
Mr. Fubara Awanta
Chief Commercial Officer

Track Record

4
Deals Completed
13
Years Active
$B1.5B
Total Value
Notable projects: Lekki Deep Seaport

Detailed Analysis

Sectors
Ports & TerminalsLogisticsMaritime Infrastructure
Geographies
Nigeria (4 deals)

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