US EditionNigeria: Dangote Plans Construction of Nigeria's Largest Seaport
OGUN STATE, NIGERIA, JUL 14 – The seaport aims to ease export bottlenecks and boost Dangote Group's logistics for fertilizer, petrochemicals, and LNG, with plans to rival Nigeria's Lekki Deep Sea Port.
- On Monday, July 14, Aliko Dangote submitted late June paperwork to build 'the biggest, deepest port in Nigeria', in Olokola, Ogun State.
- Amid improved state relations, the seaport project in Olokola has gained renewed interest, as sources familiar with the matter said the state government under new leadership has mended past tensions.
- The $2 billion project is set to break ground in 2026 with deep-water berths handling mega-ships, slashing turnaround to under 48 hours and integrating with Dangote's Lagos jetty.
- Trade Minister Doris Uzoka-Anite welcomed the plan as a potential GDP booster, while critics warned of possible downstream sector dominance.
- Once approvals clear, construction is expected within the next 12 to 18 months with full operations by decade’s end, and fuel distribution will start in August via 4,000 CNG trucks.
20 Articles
20 Articles
Dangote to build Nigeria's largest seaport following refinery success that nearly doubled his wealth
Fresh off the launch of his multi-billion-dollar Lagos refinery, Africa’s richest man, Aliko Dangote, is setting his sights on a new mega project—a deep seaport in Ogun State. Speaking with Bloomberg, Dangote revealed that he has applied for approval to begin construction on the proposed Atlantic seaport in Olokola, a coastal area in Ogun. The plan, he said, is to ease the export of key industrial products, including liquefied natural gas (LNG),…
Dangote plans construction of Nigeria's largest seaport
An application to authorities last month, according to Bloomberg, sought “to build the biggest, deepest port in Nigeria” in Olokola. The post Dangote plans construction of Nigeria’s largest seaport appeared first on Premium Times Nigeria.
Dangote Files to Build Seaport in Next Phase of Empire Expansion
Africa’s richest person has applied to begin work on a seaport near his fertilizer and oil refinery plants to make it easier to export goods — including liquefied natural gas — and support the rapid growth of his industrial empire.
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