As part of its intentions to grow into logistics, maritime infrastructure, and export-led industrialization, Dangote Industries Limited has started the initial stages of building a deep-sea port covering more than 10,000 hectares at the Olokola Free Trade Zone in Ogun State.
As a key element of its Vision 2030 plan, the firm stated in a statement that the multibillion-dollar project aims to make the group an internationally recognized leader in manufacturing and industry.
It is anticipated that the proposed deep seaport, which is situated in Ogun Waterside Local Government Area of Ogun State and stretches along the Atlantic coastline toward Ilaje Local Government Area of Ondo State, will function as a logistics and industrial hub for imports, exports, and regional trade.
In order to initiate stakeholder engagement prior to project execution, a delegation from the firm, headed by Capt. Jamil Abubakar, Managing Director, Infrastructure and Logistics, Dangote Industries Limited, visited host communities in Ogun and Ondo states.
During the tour, Abubakar stated that the initiative would improve Africa’s capacity for marine trade while also transforming host communities.
“The Olokola Port project is a major step in opening up Nigeria’s economic potential, strengthening trade, relieving pressure on existing ports, and supporting industrial growth,” he stated. Through employment, commercial ventures, and long-term development in both Ogun and Ondo states, it would generate genuine prospects for host communities.
Olokola’s advantageous position will make it a vital entry point for imports and exports, increasing Nigeria’s competitiveness in regional and international trade. Our dedication to constructing infrastructure that benefits people and the economy as a whole is demonstrated by this initiative.
In order to improve Africa’s regional trade and logistics network, he continued, the deep seaport had been planned as a logistics gateway for an integrated industrial environment.
In addition to easing future exports of liquefied natural gas and the importing of large industrial equipment, he stated that the facility will promote the export of fertilizers, petrochemicals, and refined petroleum products. Throughout the implementation process, Abubakar continued, the corporation would continue to engage with host communities.
Along with land surveyors and environmental specialists, the Dangote team visited Igbokoda in Ondo State, the Araromi Seaside Kingdom, and the Ode-Omi village in Ogun State.
Oba Folailu Adekunle Hassan (Oshotekun II), the Lenuwa of Ode-Omi, hailed the proposal and promised community support. “You have long been anticipated by us. I’m glad you’re here today. We will all gain from this process, therefore try your hardest,” the monarch declared.
Additionally, the traditional ruler authorized the start of surveys and other preparatory measures, such as economic trees, household counts, and compensation plans for impacted areas.
During a meeting with the Dangote delegation, Oba Adeoloye Olawole, the Alara of Araromi Seaside Kingdom, also voiced support for the proposal.
“We are eager for this initiative to start. We will support you both spiritually and physically. You’re welcome to start this endeavor tomorrow,” the monarch declared.
