Dangote Industries announces plans for a multi-billion-dollar deep-sea port in Ogun State to strengthen logistics, trade, and industrial growth in Nigeria
Dangote Industries Limited has announced plans to construct a multi-billion-dollar deep-sea port at the Olokola Free Trade Zone in Ogun State, in a major infrastructure move aimed at strengthening Nigeria’s logistics and industrial capacity.
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The proposed facility, which will span more than 10,000 hectares along Nigeria’s Atlantic coastline, is designed to serve as a major gateway for imports, exports, and large-scale industrial operations across West Africa.
The project marks a significant expansion of the conglomerate’s operations beyond manufacturing and refining, with a stronger focus on maritime logistics, export infrastructure, and regional trade development.
According to the company, the development aligns with its Vision 2030 strategy, which targets the transformation of Dangote Industries into a globally competitive industrial group with integrated supply chain capabilities.
The deep-sea port is expected to support key sectors including fertilisers, petrochemicals, refined petroleum exports, and potentially liquefied natural gas operations, while also easing the movement of heavy industrial equipment into Nigeria.
Ahead of the project, a delegation from the company led by the Managing Director of Infrastructure and Logistics, Jamil Abubakar, visited host communities in Ogun and Ondo states for preliminary stakeholder consultations.
The delegation described the proposed port as a transformative investment with the potential to boost economic activity, create employment opportunities, and enhance long-term development in surrounding communities.
Traditional rulers in the host communities expressed support for the initiative, describing it as a long-awaited project that could significantly improve local economic prospects.
The Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan, and the Alara of Araromi Seaside Kingdom, Oba Adeoloye Olawole, both welcomed the development and pledged cooperation during the implementation phase.
The project corridor also includes engagements with security stakeholders, including the Nigerian Navy, which reportedly assured cooperation for smooth execution of the plan.
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If completed, the Olokola deep-sea port is expected to become one of Nigeria’s largest private-sector infrastructure projects, with analysts projecting significant impact on trade competitiveness and regional integration under the African Continental Free Trade Area framework.
