Dangote Industries Limited has commenced the initial process towards the execution of the multi‑billion-dollar maritime and industrial infrastructure project in Ogun State.
The company wants to make the Olokola Deep Seaport plan a reality. It will be on over 10,000 hectares in the Olokola Free Trade Zone, spanning the Ogun Waterside Local Government Area of Ogun State, extending eastward to the borders of the Ilaje Local Government in Ondo State along the Atlantic coastline (Gulf of Guinea).
It was gathered that the organisation has received the buy-in of host communities,
who are eager to see the project come to fruition in record time.
The project is a calculated business plan to expand into logistics, maritime infrastructure, and export-led industrialization as the Group inches toward becoming a $100 billion annual revenue business; rank among the top 100 companies globally and evolve from a regional giant into a globally recognized manufacturing and business leader transforming Africa’s industrial landscape within the next five years.
Leading a team of the management of the company to the area, the Managing Director for Infrastructure and Logistics at Dangote Industries Limited, Mr Jamil Abubakar, told the excited community leaders that the project, when completed, would transform the area and place the communities on a global pedestal.
According to him, the deep-sea port is a logistics gateway for an integrated industrial ecosystem that will strengthen Africa’s maritime trade capacity and enhance Africa’s regional commerce and logistics across the continent, with a corresponding positive impact on the whole of Africa’s development process.
It would be used to facilitate export of fertilisers, petrochemicals, and refined petroleum products; support future Liquefied Natural Gas exports and enable import of heavy equipment and industrial inputs.
“The Olokola Port project is a major step in opening up Nigeria’s economic potential, strengthening trade, reducing pressure on existing ports and supporting industrial growth.
“It will create real opportunities for host communities through jobs, business activities and long-term developments across both Ogun and Ondo states. With its strategic location, Olokola would serve as a key gateway for exports and imports, boosting Nigeria’s competitiveness in regional and global trade.
“This project reflects our commitment to building infrastructure that benefits both the people and the economy at large,” he stated.
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