Dangote Industries Limited has announced plans to develop a multi-billion-dollar deep seaport at the Olokola Free Trade Zone in Ogun State as part of a broader strategy to expand Nigeria’s industrial and maritime infrastructure.
The proposed seaport, which will cover more than 10,000 hectares along the Atlantic coastline, is expected to strengthen export operations, improve regional trade, and position Nigeria as a major logistics hub in Africa. The project site stretches from Ogun Waterside Local Government Area into parts of Ilaje Local Government Area in Ondo State.
Company officials disclosed that the project forms a key part of Dangote Industries’ Vision 2030 growth agenda focused on industrial expansion, logistics development, and export-driven economic growth. The deep seaport is also expected to support the movement of fertilisers, petrochemicals, refined petroleum products, and heavy industrial equipment across regional and international markets.
Brandspur Business News reports that a delegation led by the Managing Director of Infrastructure and Logistics at Dangote Industries Limited, Capt. Jamil Abubakar, has already begun consultations with host communities in Ogun and Ondo states ahead of the project’s execution.
According to Abubakar, the seaport will reduce pressure on existing ports while opening new economic opportunities for surrounding communities through employment, commercial activities, and long-term infrastructure development.
He explained that the facility is designed to serve as an integrated industrial and logistics ecosystem capable of supporting future liquefied natural gas exports and improving Nigeria’s competitiveness in global trade.
Traditional rulers in the affected communities welcomed the initiative and pledged their support for the project. The Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan, described the development as a long-awaited investment capable of transforming the area economically.
Similarly, the Alara of Araromi Seaside Kingdom, Oba Adeoloye Olawole, expressed optimism that the seaport would accelerate growth and attract new investments into the coastal communities.
Dangote Industries also confirmed that environmental assessments, land surveys, and community enumeration exercises would commence as part of preliminary project activities. The company added that the seaport is expected to attract foreign direct investment, stimulate manufacturing and logistics sectors, and enhance Nigeria’s participation in intra-African trade under the African Continental Free Trade Area agreement.
