Many of the investors had taken loans from the banks to fund their plans and to prepare the space for takeoff, but they have explained why they have to withdraw.

“Lagos Free Zone, integrated with Lekki Deep Sea Port, facilitates ease of doing business in Nigeria and supports the Federal Government of Nigeria’s drive for economic diversification and ...

decongest Lagos ports, reduce transportation costs, and stimulate industrialization across the South East”. The statement also dismissed the claims and speculations that a seaport in the South ...

Efforts by successive Akwa Ibom State administrations to actualise the construction of a deep seaport have continued to hit the proverbial brick wall. Akwa Ibom is a littoral state, with a shoreline ...

The Igbo Community Association (ICA), the apex socio-cultural body for the Igbo people in the Federal Capital Territory, has called for the immediate establishment of a seaport in the South East, ...

Strategically integrated with the Lekki Deep Sea Port, the Lagos Free Zone is designed to facilitate import and export operations, strengthening Nigeria’s role in global value chains.

The International Finance Corporation (IFC) has announced an equity investment of up to $50 million in Lagos Free Zone Company.