Dangote
Advertisement

Dangote Industries Limited has begun preliminary steps toward building a multi-billion-dollar deep seaport at the Olokola Free Trade Zone, as part of its broader expansion into logistics, maritime infrastructure, and export-driven industrialisation.

The company said the proposed facility, which will cover more than 10,000 hectares, forms a key part of its Vision 2030 strategy aimed at positioning the group as a global industrial and manufacturing powerhouse.

Located in Ogun Waterside Local Government Area and extending toward Ilaje Local Government Area along the Atlantic coast, the deep seaport is expected to serve as a major hub for imports, exports, and regional trade.

A company delegation led by the Managing Director for Infrastructure and Logistics, Capt. Jamil Abubakar, has begun consultations with host communities in both Ogun and Ondo states ahead of project execution.

Abubakar said the port would boost Nigeria’s trade capacity, ease congestion at existing ports, and unlock economic opportunities in surrounding communities.

“The Olokola Port project will help open up Nigeria’s economic potential by strengthening trade and supporting industrial growth. It will also create jobs, stimulate business activities, and drive long-term development across host communities,” he said.

He added that the port is designed to function as a logistics gateway for an integrated industrial ecosystem, enhancing Africa’s regional trade and supply chain networks.

According to him, the facility will support exports of fertilisers, petrochemicals, and refined petroleum products, while also enabling future liquefied natural gas exports and the importation of heavy industrial equipment.

As part of early-stage activities, the Dangote team—alongside surveyors and environmental experts—visited host communities including Ode-Omi in Ogun State, as well as Araromi Seaside Kingdom and Igbokoda in Ondo State.

The Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan, welcomed the project and pledged support, approving the commencement of surveys, enumeration of affected assets, and compensation processes.

Similarly, the Alara of Araromi Seaside Kingdom, Oba Adeoloye Olawole, expressed enthusiasm, assuring the company of the community’s backing.

At Igbokoda, the delegation also met with officials of the Nigerian Navy Forward Operating Base, where the Acting Commanding Officer, Lt. Commander A.A. Makinwa, pledged cooperation in support of the project.

Dangote Industries noted that the seaport would attract foreign investment, generate employment, and stimulate key sectors such as manufacturing, logistics, and services.

The company added that the project would strengthen Nigeria’s export diversification efforts and enhance participation in intra-African trade under the African Continental Free Trade Area.

Advertisement