Africa’s richest man, Aliko Dangote, is moving full steam ahead with plans to construct a massive deep-seaport in Olokola, Ogun State, in a bold step aimed at transforming Nigeria’s industrial logistics, easing pressure on Lagos ports, and unlocking new export gateways for West Africa.
In a recent interview in Lagos, Dangote confirmed that his group submitted all required documentation in late June 2025 to begin work on what he called “the biggest, deepest port in Nigeria.” The proposed Atlantic-facing port will be strategically located just over 100 kilometers from his sprawling refinery and fertilizer complexes on the outskirts of Lagos.
The billionaire’s plan marks a significant move in Nigeria’s long-delayed efforts to fix its overstretched and often dysfunctional port infrastructure—particularly in Lagos, where Apapa and Tin Can Island Ports have for years groaned under the weight of rising traffic, poor road access, and operational inefficiencies.
“It’s not that we want to do everything by ourselves,” Dangote said. “But I believe this kind of investment will inspire other entrepreneurs to get involved too.”
A Private Sector Response to a Lingering National Challenge
For years, Nigerian stakeholders and logistics experts have called for decongestion of Lagos ports, urging the government to revive and upgrade the Eastern ports—located in places like Calabar, Warri, and Port Harcourt—to ease pressure on the southwest corridor. However, persistent bureaucratic bottlenecks, security challenges in the Niger Delta, and a lack of political will have drowned those calls.
With the Olokola seaport now taking shape, many see it as a realistic and immediate alternative—not just to reduce Lagos port congestion but also to provide a modern, integrated platform for export and import activities in Nigeria’s busiest industrial axis.
Powering an Industrial Empire—And Nigeria’s Exports
The new port is central to Dangote’s long-term strategy to vertically integrate logistics and exports across his multi-billion-dollar conglomerate. At present, the group uses a private jetty near its Lagos refinery to ship urea and receive heavy industrial equipment. But this solution is already reaching its capacity limits.
The Olokola seaport will serve as a hub for fertilizer, urea, petroleum products, and eventually liquefied natural gas (LNG), all key elements of Dangote Group’s rapidly expanding industrial output.
According to Devakumar Edwin, vice president of the Dangote Group, the company plans to build gas pipelines from the Niger Delta to the Olokola facility, unlocking new value from Nigeria’s massive but underutilized natural gas reserves. The same gas will feed into the company’s ammonia production for fertilizer exports.
This would require the construction of new gas pipelines connecting the Niger Delta—home to some of the world’s largest gas reserves—to the proposed Olokola port.
“We want to do a major project to bring in more gas than what NLNG is doing today,” Dangote said, referencing Nigeria LNG Ltd., the country’s leading LNG exporter co-owned by the Nigerian government, Shell, Eni, and TotalEnergies.
The pipeline project will feed LNG and ammonia production, further scaling Dangote’s already-massive fertilizer output. His fertilizer plant uses natural gas as feedstock to produce hydrogen for ammonia, a critical component of urea production.
Dangote has already said his ambition is to surpass Qatar and become the world’s largest exporter of urea within four years—a goal that hinges heavily on reliable, high-capacity maritime infrastructure.
The Olokola project also positions Dangote as a direct competitor to the Lekki Deep Sea Port, a Chinese-financed facility that became operational in 2023 and is already handling container traffic and bulk shipments.
But unlike Lekki, which is managed through a public-private partnership, Dangote’s port will be a privately controlled, fully integrated logistics hub feeding directly into the group’s production and distribution networks.
This model, experts say, gives Dangote flexibility and speed in managing operations, avoiding the delays and rent-seeking behavior that have plagued Nigerian port management for decades.
A Broader Vision for Africa
Dangote’s port plans come amid broader aspirations to turn Nigeria—and by extension, Africa—into a competitive manufacturing and export powerhouse. Earlier this year, the billionaire declared that Africa could become a “heaven” within five years if the right infrastructure and investment decisions were made.
His group is already on track to generate $30 billion in total annual revenue by 2026, and Dangote has voiced confidence that Nigeria can leapfrog into top-tier global industrial markets, provided it builds the infrastructure to support its ambitions.
With Nigeria’s trade volumes set to expand, and with global concerns over new U.S. trade tariffs under President Donald Trump adding uncertainty to international commerce, the need for domestic port capacity and independence has once again come into focus.
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