Aliko Dangote Initiates Development of Nigeria’s Largest Seaport in Olokola, Ogun State

Africa’s richest man, Aliko Dangote, has officially submitted the necessary paperwork to kickstart the development of Nigeria’s largest seaport in Olokola, Ogun State. The ambitious project aims to establish a port capable of competing with some of the busiest maritime hubs across the continent, marking a significant boost to Nigeria’s maritime infrastructure and regional trade capacity.

Dubbed the Olokola Deep Sea Port, the facility is planned to handle substantial cargo volumes, streamline international shipping logistics, and serve as a key trade gateway for West Africa’s import and export activities. According to sources close to the Dangote Group, the port will alleviate congestion at existing Lagos ports, including Apapa and Tin Can Island, while generating thousands of jobs for Ogun State and neighboring communities.

The strategic location of Olokola offers access to deep waters ideal for accommodating large vessels and proximity to important industrial zones. Beyond the port itself, the development is expected to spur complementary infrastructure projects such as improved road networks, rail connections, and warehousing facilities, thereby driving economic growth and fostering greater regional integration.

Industry experts highlight the project’s potential to transform Nigeria’s economy by enhancing trade efficiency, reducing port bottlenecks, and attracting increased foreign direct investment. Building on his recent success with the Dangote Refinery, Dangote’s latest venture underscores his ongoing commitment to advancing Nigeria’s industrial and economic landscape.

With regulatory approvals underway, stakeholders are optimistic that the Olokola Deep Sea Port will swiftly progress from planning to construction, ushering in a new era for Nigeria’s maritime trade.