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	<title>Lekki Deep-Sea Port - Housing TV Africa</title>
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	<lastBuildDate>Mon, 02 Mar 2026 12:08:30 +0000</lastBuildDate>
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	<title>Lekki Deep-Sea Port - Housing TV Africa</title>
	<link>https://www.housingtvafrica.com/tag/lekki-deep-sea-port/</link>
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		<title>FG: 7th Axial Road to Ease Lekki Port Congestion, Boost National Logistics</title>
		<link>https://www.housingtvafrica.com/fg-7th-axial-road-lekki-port-dangote-logistics/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-7th-axial-road-lekki-port-dangote-logistics</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Mon, 02 Mar 2026 12:08:30 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[7th Axial Road]]></category>
		<category><![CDATA[China Harbour Engineering Company]]></category>
		<category><![CDATA[Coastal Road Project]]></category>
		<category><![CDATA[Dangote Refinery]]></category>
		<category><![CDATA[Dave Umahi]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[Lagos infrastructure]]></category>
		<category><![CDATA[Lekki Deep-Sea Port]]></category>
		<category><![CDATA[Nigeria logistics]]></category>
		<category><![CDATA[port evacuation corridor]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=31420</guid>

					<description><![CDATA[<p><img width="750" height="536" src="https://www.housingtvafrica.com/wp-content/uploads/2026/03/Lagos-Calabar-Coastal-Highway-1-750x536-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="FG: 7th Axial Road to Ease Lekki Port Congestion, Boost National Logistics" decoding="async" /></p>
<p>The Federal Government has said the 7th Axial Road project in Lagos will serve as a major evacuation corridor for cargo and significantly ease congestion at the Lekki Deep Sea Port and the Dangote Refinery upon completion. Minister of Works, Dave Umahi, disclosed this during an inspection tour of ongoing construction works along the Lekki [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-7th-axial-road-lekki-port-dangote-logistics/">FG: 7th Axial Road to Ease Lekki Port Congestion, Boost National Logistics</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="750" height="536" src="https://www.housingtvafrica.com/wp-content/uploads/2026/03/Lagos-Calabar-Coastal-Highway-1-750x536-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="FG: 7th Axial Road to Ease Lekki Port Congestion, Boost National Logistics" decoding="async" /></p><p data-start="809" data-end="1031">The Federal Government has said the 7th Axial Road project in Lagos will serve as a major evacuation corridor for cargo and significantly ease congestion at the Lekki Deep Sea Port and the Dangote Refinery upon completion.</p>
<p data-start="1033" data-end="1328">Minister of Works, <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Dave Umahi</span></span>, disclosed this during an inspection tour of ongoing construction works along the Lekki corridor, describing the road as a strategic infrastructure project designed to unlock economic growth and strengthen national logistics mobility.</p>
<p data-start="1330" data-end="1743">According to the minister, the 7th Axial Road, located behind the <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Dangote Refinery</span></span>, will function as a dedicated cargo evacuation route linking the Lekki industrial hub to the Sagamu corridor and other parts of the country. He said the project is central to reducing pressure on existing road networks while supporting seamless operations at the <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Lekki Deep Sea Port</span></span>.</p>
<h3 data-start="1745" data-end="1780">Strategic Economic Importance</h3>
<p data-start="1782" data-end="2092">Umahi stressed that the road, once completed, will not only ease port congestion but also deliver long-term economic benefits to Lagos State and Nigeria at large. He explained that the corridor will enhance the movement of goods, strengthen supply chains, and improve connectivity between key industrial zones.</p>
<p data-start="2094" data-end="2333">“The 7th Axial Road is critical to the success of port operations and industrial expansion within the Lekki axis,” the minister said, noting that it complements other major infrastructure projects such as the Coastal Road and Dangote Road.</p>
<p data-start="2335" data-end="2526">He added that the project aligns with the Federal Government’s broader agenda of modernising Nigeria’s transport infrastructure to support economic diversification and industrial development.</p>
<h3 data-start="2528" data-end="2560">Unlocking Swampy Corridors</h3>
<p data-start="2562" data-end="2867">Umahi vowed to address the engineering challenges posed by the swampy terrain along the Dangote refinery route and other critical evacuation corridors. He assured that the Ministry of Works would deploy the necessary technical expertise and resources to ensure the project’s timely and durable completion.</p>
<p data-start="2869" data-end="3168">During the inspection, the minister directed that roadbed filling works under Project Lot One must be completed by the end of April. He instructed the contractor to intensify on-site activities and scale up the deployment of manpower, equipment, and construction materials to meet project timelines.</p>
<p data-start="3170" data-end="3318">He emphasised that tangible progress must be visible on the site and warned against delays that could undermine the strategic value of the corridor.</p>
<h3 data-start="3320" data-end="3358">Confidence in Project Contractor</h3>
<p data-start="3360" data-end="3530">Umahi expressed confidence in <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">China Harbour Engineering Company Limited</span></span> (CHEC), the project contractor, citing its successful delivery of the Lekki Deep Sea Port project.</p>
<p data-start="3532" data-end="3697">He also referenced the company’s ongoing work on the Makurdi–Enugu road reconstruction and expansion project, describing the quality of construction as satisfactory.</p>
<p data-start="3699" data-end="3976">A representative of CHEC assured the minister of the company’s commitment to delivering the 7th Axial Road on schedule. The contractor confirmed that resources have been scaled up at the construction site, with emphasis on safety, quality control, and environmental protection.</p>
<h3 data-start="3978" data-end="4019">Environmental and Safety Compliance</h3>
<p data-start="4021" data-end="4278">The Minister further called for strict adherence to environmental standards and safety regulations throughout the construction period. He urged relevant regulatory agencies to monitor compliance and ensure that ecological considerations are not compromised.</p>
<p data-start="4280" data-end="4490">He noted that the 7th Axial Road is designed to integrate seamlessly with other major infrastructure projects within the Lekki corridor, reinforcing its position as a critical transportation and industrial hub.</p>
<h3 data-start="4492" data-end="4526">Boost for National Logistics</h3>
<p data-start="4528" data-end="4857">The Federal Government maintains that the completion of the road will strengthen Nigeria’s logistics architecture by improving cargo evacuation from ports and industrial facilities. The project is expected to reduce bottlenecks, lower transportation costs, and enhance the overall efficiency of goods movement across the country.</p>
<p data-start="4859" data-end="5126">With the rapid expansion of industrial activities in the Lekki axis, particularly around the Dangote Refinery and the Lekki Deep Sea Port, authorities say the 7th Axial Road will play a decisive role in sustaining economic momentum and attracting further investments.</p>
<p data-start="5128" data-end="5388" data-is-last-node="" data-is-only-node="">As construction progresses, stakeholders in the maritime and logistics sectors are closely monitoring developments, hopeful that the project will bring lasting relief to port congestion and position Lagos as a more competitive gateway for trade in West Africa.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-7th-axial-road-lekki-port-dangote-logistics/">FG: 7th Axial Road to Ease Lekki Port Congestion, Boost National Logistics</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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			</item>
		<item>
		<title>Lekki Deep Sea Port to Generate $360bn, Create 170,000 Jobs – MD</title>
		<link>https://www.housingtvafrica.com/lekki-deep-sea-port-to-generate-360bn-create-170000-jobs-md/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lekki-deep-sea-port-to-generate-360bn-create-170000-jobs-md</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Tue, 04 Nov 2025 21:07:29 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[export hub]]></category>
		<category><![CDATA[Industrial Development]]></category>
		<category><![CDATA[Job Creation]]></category>
		<category><![CDATA[Lagos Free Zone]]></category>
		<category><![CDATA[Lekki Deep-Sea Port]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[Nigeria Ports Authority]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[Wang Qiang]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=27785</guid>

					<description><![CDATA[<p><img width="768" height="576" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/Lekki-768x576-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Aerial view of Lekki Deep Sea Port showing container terminals and vessels" decoding="async" /></p>
<p>The Lekki Deep Sea Port is projected to contribute $360 billion to Nigeria’s economy and create around 170,000 jobs over its 45-year concession period, according to the port’s Managing Director, Wang Qiang. Speaking at a stakeholders’ meeting in Lagos on Tuesday, Qiang noted that while the port is still in its early operational stages, it [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/lekki-deep-sea-port-to-generate-360bn-create-170000-jobs-md/">Lekki Deep Sea Port to Generate $360bn, Create 170,000 Jobs – MD</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="768" height="576" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/Lekki-768x576-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Aerial view of Lekki Deep Sea Port showing container terminals and vessels" decoding="async" loading="lazy" /></p><p>The Lekki Deep Sea Port is projected to contribute $360 billion to Nigeria’s economy and create around 170,000 jobs over its 45-year concession period, according to the port’s Managing Director, Wang Qiang.</p>
<p>Speaking at a stakeholders’ meeting in Lagos on Tuesday, Qiang noted that while the port is still in its early operational stages, it has already attracted significant investment and continues to recover from initial construction costs.</p>
<p>“We invested over one billion dollars in building the port, and it will take some time to recoup the investment,” he said. “The port is running well, but due to the heavy upfront costs, we are still in the recovery phase.”</p>
<p>Qiang described Lekki Port as a critical link in Nigeria’s logistics network and called for stronger government support, particularly in infrastructural development.</p>
<p>Emmanuel Anda, Port Manager of the Nigerian Ports Authority, praised the port as a “game-changer” for the country’s trade and economy, highlighting its role in boosting exports and improving import efficiency. He expressed optimism that Nigeria could become a global export hub within the next decade.</p>
<p>The Chief Commercial Officer of Lekki Freeport Terminal, Kehinde Olubi-Neye, emphasized that automation has improved operations and reduced congestion, while the port can now accommodate the largest vessels in Nigeria.</p>
<p>Adesuwa Ladoja, Managing Director of Lagos Free Zone, noted that surrounding free zones have enhanced value addition for exports. She described Lekki Port as a model of resilience and innovation, developed even during the challenging COVID-19 period.</p>
<p>Community representatives also welcomed the project, praising its corporate social responsibility initiatives, including youth empowerment, skills training, and educational support programs.</p>
<p>Located in the Lagos Free Zone, 65 kilometers east of Lagos, Lekki Port is Nigeria’s first multi-purpose deep sea port and the deepest in West Africa, with a depth of 16.5 meters, capable of receiving 18,000 TEU vessels. The port began its concession in 2019, completed phase 1 of construction in 2022, and commenced commercial operations in April 2023.</p>
<p>Qiang urged Nigerians and businesses to take advantage of the opportunities offered by the port, stressing its potential to transform trade and industrial activity in the country.</p>
<p>The post <a href="https://www.housingtvafrica.com/lekki-deep-sea-port-to-generate-360bn-create-170000-jobs-md/">Lekki Deep Sea Port to Generate $360bn, Create 170,000 Jobs – MD</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Lagos Free Zone: A Prime Gateway for Nordic Investments in Nigeria &#8211; CEO Adesuwa Ladoja</title>
		<link>https://www.housingtvafrica.com/lagos-free-zone-a-prime-gateway-for-nordic-investments-in-nigeria/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lagos-free-zone-a-prime-gateway-for-nordic-investments-in-nigeria</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Sat, 25 Oct 2025 10:43:49 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Adesuwa Ladoja]]></category>
		<category><![CDATA[Business opportunities in Lagos]]></category>
		<category><![CDATA[Foreign direct investment]]></category>
		<category><![CDATA[Lagos Free Zone]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Lekki Deep-Sea Port]]></category>
		<category><![CDATA[Nigerian Economy]]></category>
		<category><![CDATA[Nordic investments in Nigeria]]></category>
		<category><![CDATA[Nordic Nigeria Connect 2025]]></category>
		<category><![CDATA[Special Economic Zones]]></category>
		<category><![CDATA[Tolaram]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=27307</guid>

					<description><![CDATA[<p><img width="1536" height="1025" src="https://www.housingtvafrica.com/wp-content/uploads/2025/10/Lagos-Free-Zone2-1536x1025-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Lagos Free Zone (LFZ) has been named the best investment hub for Nordic businesses in Nigeria. This was revealed by Adesuwa Ladoja, CEO of LFZ, at the Nordic Nigeria Connect 2025 event in Lagos. Why Nordic Companies Should Choose LFZ Ladoja said the Zone offers a structured and predictable business environment, unlike other areas [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/lagos-free-zone-a-prime-gateway-for-nordic-investments-in-nigeria/">Lagos Free Zone: A Prime Gateway for Nordic Investments in Nigeria &#8211; CEO Adesuwa Ladoja</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1536" height="1025" src="https://www.housingtvafrica.com/wp-content/uploads/2025/10/Lagos-Free-Zone2-1536x1025-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-start="270" data-end="482">The <strong data-start="274" data-end="299">Lagos Free Zone (LFZ)</strong> has been named the best investment hub for Nordic businesses in Nigeria. This was revealed by <strong data-start="394" data-end="412">Adesuwa Ladoja</strong>, CEO of LFZ, at the <strong data-start="433" data-end="464">Nordic Nigeria Connect 2025</strong> event in Lagos.</p>
<h3 data-start="484" data-end="528">Why Nordic Companies Should Choose LFZ</h3>
<p data-start="529" data-end="687">Ladoja said the Zone offers a structured and predictable business environment, unlike other areas where investors face regulatory and infrastructure issues.</p>
<p data-start="689" data-end="885">She noted that the Zone’s <strong data-start="715" data-end="743">integrated deep-sea port</strong> makes import and export processes faster and easier. With planned <strong data-start="810" data-end="839">rail and road connections</strong>, logistics will become even more efficient.</p>
<p data-start="887" data-end="1021">“Our goal is to give investors a one-stop platform where all regulators and services are located within the Zone,” Ladoja explained.</p>
<h3 data-start="1023" data-end="1062">Reforms Boost Investor Confidence</h3>
<p data-start="1063" data-end="1270">Ladoja praised the <strong data-start="1082" data-end="1117">Tinubu administration’s reforms</strong>, including the <strong data-start="1133" data-end="1157">fuel subsidy removal</strong> and <strong data-start="1162" data-end="1191">exchange rate unification</strong>, saying they have made Nigeria’s economy more transparent and market-driven.</p>
<p data-start="1272" data-end="1449">“These policies have restored investor confidence,” she said. “Stable currency, lower interest rates, and a young, creative population make Nigeria ready for new investments.”</p>
<h3 data-start="1451" data-end="1500">Nordic Strengths Match Nigeria’s Priorities</h3>
<p data-start="1501" data-end="1644">Ladoja added that Nordic expertise in <strong data-start="1539" data-end="1606">clean energy, digital innovation, and sustainable manufacturing</strong> aligns with Nigeria’s growth goals.</p>
<p data-start="1646" data-end="1778">“The Nordic region’s leadership in renewable energy and responsible business fits perfectly with our development plans,” she said.</p>
<p data-start="1808" data-end="2055">the Lagos Free Zone covers <strong data-start="1861" data-end="1877">860 hectares</strong> and is Nigeria’s first private special economic zone. It is the only zone integrated with the <strong data-start="1972" data-end="1995">Lekki Deep-Sea Port</strong>, offering seamless access to regional and global markets.</p>
<p data-start="2057" data-end="2211">With world-class infrastructure and a one-stop regulatory window, LFZ continues to attract global investors seeking growth and stability in West Africa.</p>
<p><strong>Source: Nairametrics</strong></p>
<p>The post <a href="https://www.housingtvafrica.com/lagos-free-zone-a-prime-gateway-for-nordic-investments-in-nigeria/">Lagos Free Zone: A Prime Gateway for Nordic Investments in Nigeria &#8211; CEO Adesuwa Ladoja</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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