MTBS was hired by the Standard Chartered Bank to conduct a market due diligence for the greenfield container terminal at the port of Lekki. In 2013, MTBS submitted the due diligence report and in 2016 MTBS was asked to provide an update to the report. MTBS was responsible for conducting: the macro-economic projections for Nigeria, the shipping market analysis, the port competition analysis, the traffic forecast for the port of Lekki, the tariff review and projects of the Nigerian port sector, the review of the financial model and the review of the sponsor’s market due diligence.
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