AJOKE PHILIP
The former managing director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has been removed from the board of Lekki Port LFTZ Enterprise Limited, the promoters of Lekki Port.
NPA holds a 5% equity shareholding in Lekki Port. The other shareholders are China Habour Engineering Company (CHEC) which has the majority share of 52.5%, Lagos State Government with 20%, and Tolaram with 22.5%.
Bala-Usman, was replaced with her successor, Mohammed Bello-Koko with effect from 20th April, 2022.
According to a statement by Lekki Port, Bello-Koko, will represent NPA on its Board of Directors, with effect from 20th April 2022.
Also, recently, Mr. Zhang Lianjiu, Executive General Manager of the investment business unit of China Harbour Engineering Company, was approved to serve as a director of Lekki Port, representing the interests of China Harbour, the majority shareholder of Lekki Port.
NPA holds a 5% equity shareholding in Lekki Port. The other shareholders are China Habour Engineering Company (CHEC) which has the majority share of 52.5%, Lagos State Government with 20%, and Tolaram with 22.5%.