Blue Economy
DANGOTE Activates Olokola Deep Seaport Plan — and Nigeria’s Maritime Landscape May Never be the Same
DANGOTE Activates Olokola Deep Seaport Plan — and Nigeria’s Maritime Landscape May Never be the Same
With a 10,000-hectare footprint straddling Ogun and Ondo states, the proposed Olokola Deep Seaport dwarfs every existing port facility in the country and signals a private-sector-led revolution in Nigeria’s blue economy
By Okeoghene Onoriobe | Waterways News Correspondent
Nigeria’s perpetually congested port landscape — defined for decades by the cramped berths of Apapa and Tin Can Island, the chronic gridlock on Wharf Road, and the unmet promise of Lekki Deep Seaport — may be on the cusp of its most dramatic transformation yet. Dangote Industries Limited has formally commenced preliminary processes for the development of what its officials are billing as a potential game-changer for African maritime trade: a 10,000-hectare deep seaport at the Olokola Free Trade Zone (OKFTZ), straddling the border of Ogun and Ondo states along the Atlantic coastline.
To fully appreciate the scale of what is being proposed, consider this: the development spans more than 10,000 hectares across Ogun Waterside Local Government Area of Ogun State and extends into Ilaje Local Government Area of Ondo State along the Gulf of Guinea coastline. Nigeria Ports Authority’s Apapa port complex — still the country’s busiest gateway and the artery through which the overwhelming bulk of Nigeria’s containerised imports flow — occupies roughly 81 hectares. Tin Can Island Port, its equally strained neighbour, sits on approximately 84 hectares. The Olokola project, if developed to its full envisaged footprint, would be more than 100 times larger than either of those facilities. This is not a port expansion. This is, in effect, an entirely new maritime industrial city to be carved out of Nigeria’s Atlantic coastline.
A Vision Rooted in $100 Ambition
The project sits at the heart of the Olokola Free Trade Zone on the Atlantic coast along the Gulf of Guinea. Dangote Industries is positioning it as the logistics backbone of its ambition to achieve $100 billion in annual revenue, secure a top-100 global ranking, and reshape Africa’s industrial landscape by 2030. (Marketing Edge)
That ambition, formalised as the group’s “Vision 2030” strategy, has already produced Africa’s largest petroleum refinery, a massive fertiliser complex, and an increasingly vertically integrated industrial conglomerate. The Olokola Deep Seaport is conceived as the crowning logistics infrastructure that would bind all of those assets together under one export-capable gateway — reducing the group’s dependence on third-party port operators and the chronically congested Lagos port system.
The facility is expected to support exports of fertilisers, petrochemicals and refined petroleum products, as well as facilitate future liquefied natural gas exports and the importation of heavy industrial equipment.
For port operators, shipping lines, freight forwarders and logistics companies currently navigating the impossible geometry of Apapa, this is a development with direct and far-reaching implications.
Capt. Jamil Abubakar Leads Community Engagements
A delegation from Dangote Industries Limited, led by Managing Director of Infrastructure and Logistics, Capt. Jamil Abubakar, visited host communities in Ogun and Ondo states to begin stakeholder engagements ahead of project execution. The delegation was accompanied by surveyors and environmental consultants — a signal that the project has moved beyond boardroom discussion and into active pre-construction groundwork.
The team visited Ode-Omi community in Ogun State, as well as Araromi Seaside Kingdom and Igbokoda in Ondo State. The Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan (Oshotekun II), welcomed the project and approved the commencement of surveys and household enumeration. The Alara of Araromi Seaside Kingdom, Oba Adeoloye Olawole, also pledged support for the project.
Significantly, the delegation also visited the Nigerian Navy Forward Operating Base in Igbokoda, where military officials expressed support for the proposed development — a critical consultation given the maritime security dimensions of any major coastal port infrastructure project in Nigeria’s Gulf of Guinea littoral.
Capt. Abubakar was unambiguous about the project’s national significance. “The Olokola Port project is a major step in unlocking Nigeria’s economic potential, strengthening trade, alleviating pressure on existing ports, and fostering industrial growth. It will generate substantial opportunities for host communities through employment, business activities, and long-term development across both Ogun and Ondo states. With its strategic location, Olokola would serve as a key gateway for exports and imports, boosting Nigeria’s competitiveness in regional and global trade.”
A History of False Starts — and Why This Time Feels Different
The Olokola Free Trade Zone is not a new concept. According to previous disclosures by Aliko Dangote, the company had initially planned major industrial investments in the Olokola Free Trade Zone before suspending activities due to disputes and policy uncertainties under a previous Ogun State administration. However, the group has since renewed its interest following what it described as improved investment conditions and stronger state-level support for industrial projects.
In March 2025, Dangote announced plans to develop what he described as Nigeria’s largest port within the Olokola axis during a visit to Ogun State Governor Dapo Abiodun. Subsequent reports in July 2025 revealed that the company had submitted preliminary documentation to begin construction approvals for the seaport project. The latest round of community visits and surveying activities represents a meaningful acceleration of those earlier signals into concrete field action.
Presidential approval has also reportedly been secured. Reports indicate that President Bola Tinubu approved oil drilling activities in Ogun Waterside and cleared the Olokola Deep Seaport project for take-off — providing the highest-level political backing the project has yet received.
What It Means for Nigeria’s Ports Sector
For maritime industry stakeholders — terminal operators, shipping agents, freight forwarders, and the vessel owners who ply Nigeria’s coastal and inland waterways — the Olokola project raises several immediate and medium-term questions.
The relief of pressure on Lagos ports is the most cited benefit, and it is a genuine one. Apapa and Tin Can Island together handle the vast majority of Nigeria’s import cargo volumes, and their infrastructure was never designed for current throughput levels. Every major exporter of bulk commodities — refined petroleum, fertiliser, agricultural produce — currently competes for the same insufficient berths. A dedicated deep seaport expressly designed for Dangote’s export volumes would, in theory, free up significant capacity at the Lagos complex for other users.
The deep-water draft capabilities implied by the “deep seaport” designation are also significant. Nigeria’s existing ports impose draft restrictions that prevent the largest class of bulk and container vessels from calling directly — forcing transhipment through ports like Lomé, Abidjan and Tanger-Med. A properly developed deep seaport on the Ogun/Ondo coastline, if designed to accommodate Very Large Crude Carriers (VLCCs) and ultra-large container ships, could fundamentally alter Nigeria’s competitive position as a direct-call destination on major shipping lanes.
The deep seaport is being designed as a logistics gateway for an integrated industrial ecosystem capable of supporting Africa’s regional commerce and supply chain network — language that suggests ambitions well beyond a captive export terminal for Dangote’s own products.
Nigeria Watch: The Broader Blue Economy Dimension
The Olokola announcement arrives at a moment when Nigeria’s Federal Ministry of Marine and Blue Economy is actively seeking the large-scale private investment that would give its blue economy policy framework tangible expression. The ministry and the Nigerian Ports Authority have both spoken repeatedly about the need to develop new port capacity outside the Lagos corridor — and Dangote’s move at Olokola, however early-stage, represents exactly the kind of private-sector initiative that aligns with that policy direction.
For the Nigerian Shippers’ Council and its freight stakeholders, the project’s long-term promise of competition in port services — even if initially a captive facility — is a welcome structural development.
For NIMASA, the regulatory implications of a privately owned deep seaport of this scale will require careful navigation: cabotage policy, vessel registration, and coastal trade licensing all intersect with a development of this nature.
For inland waterway operators, the Olokola coastline’s position along the Gulf of Guinea opens questions about feeder service connections — whether NIWA’s jurisdiction over connecting waterway routes will be properly coordinated with the port’s eventual hinterland logistics design, and whether local boat and barge operators can position themselves early for the cargo volumes a 10,000-hectare maritime industrial city would generate.
The project is, at present, still at the preliminary engagement and surveying stage. No construction timeline has been officially published, no terminal operator has been named, and the full capital structure of the multi-billion-dollar investment has not been disclosed.
The history of large-scale port proposals in Nigeria — from Badagry to Ibom — counsels measured expectations. But the Dangote name, the community buy-in, the military consultation, and the presidential clearance together suggest that Olokola has progressed further along the credibility curve than most of its predecessors.
Nigeria’s maritime sector is watching — and it should be.
Oyetola Woos Turkish Investors for Fisheries Sector, Vows to Protect Artisanal Fishers
By Okeoghene Onoriobe | Waterways News
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has thrown Nigeria’s fisheries sector open to Turkish investment, insisting that any fresh capital coming into the industry must strengthen and not sideline the millions of Nigerians who depend on artisanal fishing for a living.
Oyetola made the pledge while receiving a delegation from Turkish fisheries and aquaculture firm CRD Impex, led by the company’s General Manager for Fisheries, Cem Tarhan, at his Abuja office. He told the investors the Federal Government was ready to create an investment-friendly climate for credible local and foreign players willing to bring capital, technology and modern value-chain solutions to the sector, on condition that such investment remains inclusive.
“We welcome investors who can bring capital, technology, expertise and modern value-chain solutions to the sector. However, investment must be inclusive and sustainable. It must complement and empower our artisanal fish producers, not undermine their livelihoods,” the Minister said
He listed inadequate infrastructure, poor access to modern fishing technology, weak cold-chain systems, limited processing and storage capacity, and gaps in market access as the major constraints holding back the sector, framing each as an opening for targeted investment rather than a dead end.
The Turkish team, which included CRD Impex founder Hanefi Cardak and Tetra Underwater Services founder Ersun Buyukgoze, toured key fisheries and aquaculture points around the country to size up the terrain first-hand. Stops included the Kirikiri Lighter Terminal in Lagos, the Ozumba Mbadiwe Fish Market in Lekki, and the Esuk Nsidung Beach Market, a major waterfront seafood hub in Calabar, Cross River State.
The Ministry described the visit as part of a broader push to attract serious investment into Nigeria’s blue economy while keeping the welfare of artisanal fishers central to that growth.
Nigeria Watch
The Turkish courtesy call lands squarely in the pattern this desk has tracked all year: big-ticket investment pledges for Nigeria’s waterways, paired with familiar assurances that the small operator won’t be crowded out. The test, as always, is what happens after the photo-op.
Nigeria’s artisanal fishing communities occupy the same economic space as the informal boat operators represented by WABOTAN and ATBOWATON, river- and creek-dependent Nigerians whose livelihoods rise or fall on decisions made far from the waterfront. The infrastructure gaps Oyetola cited which include, weak cold-chain systems, poor storage and limited market access, all mirror the exact complaints this desk has documented from inland waterway operators for years but modernisation announced from Abuja rarely reache the jetties.
Turkish capital chasing Nigerian fisheries and aquaculture is a genuinely new thread, distinct from the Strait of Hormuz shipping story or the CVFF disbursement saga this desk has followed closely. But the underlying question is the same one that has defined Oyetola’s tenure at the Ministry of Marine and Blue Economy: will “inclusive investment” translate into contracts, cooperative partnerships and cold-chain infrastructure that artisanal operators can actually use or will it, like so many blue-economy pledges before it, stall at the courtesy-visit stage?
Waterways News will be watching for the first concrete CRD Impex commitment — site, timeline, or local partnership — as the marker of whether this one is different.
NPERA, NPA Open Technical Talks on Handover of Inland Dry Port Functions
By Ighoyota Onaibre | Waterways News
The Nigerian Ports Economic Regulatory Agency (NPERA) and the Nigerian Ports Authority (NPA) have begun formal engagement on transferring inland dry port oversight to NPERA, marking the start of what both agencies describe as a critical phase in operationalising Nigeria’s new port regulatory framework.
At a management-level meeting between the two agencies, officials focused on the technical groundwork for the handover, chiefly how to draw clear lines of responsibility and avoid duplication among the government bodies with a stake in inland dry port administration.
NPERA’s Director-General/CEO, Dr Akutah Pius, framed the transition as flowing directly from the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, whom he credited with steering the process toward the sector’s broader development. Akutah was emphatic that NPERA could not carry out the transfer alone, and said the buy-in of every relevant stakeholder agency would be needed to see it through.
He indicated that the Ministry would stay central to coordinating the process even as specific mandates move to the agencies best placed to execute them. Akutah also pointed to the Minister’s earlier interventions during the NPERA Bill’s passage through the National Assembly, which he said had defused inter-agency friction and set the stage for the cooperation now underway.
Describing the purpose of the meeting, Akutah said it was meant to formally kick off the transfer of inland dry port responsibilities to NPERA in fulfilment of its statutory role as economic regulator of the ports sector. He singled out Section 51 of the NPERA Act as a provision that now needs to be put into practical effect to keep the transition orderly and ensure stakeholder roles are properly aligned.
To manage the process going forward, the NPERA boss proposed setting up a joint committee drawing in NPERA, NPA, the National Inland Waterways Authority (NIWA), and the Federal Ministry of Marine and Blue Economy. He argued that inland dry ports matter well beyond the coastline. They extend maritime sector benefits into Nigeria’s hinterland and reinforce the country’s trade and logistics chain.
Responding on behalf of NPA, Managing Director Dr Abubakar Dantsoho welcomed the move and pledged his agency’s full operational and technical backing throughout the transition. He said the process had started on the right footing, and that NPA would furnish updated data on the current state of inland dry ports to inform further discussions, expressing confidence that continued engagement would help the agencies meet their shared objectives.
NPA’s Executive Director, Engr. Lekan Badmus, also commended NPERA for setting the collaboration in motion, calling the meeting a solid first step toward a smooth integration. He noted the two agencies have now moved into the technical phase of the exercise, with close attention being paid to eliminating overlapping functions.
Closing the meeting, Akutah said the proposed joint committee would reconvene with the Minister to seek further guidance and agree on next steps to keep the transition on track.
Nigeria Watch
This meeting is the first visible test of whether the NPERA Act’s promise of a rationalised port regulatory architecture can survive contact with Nigeria’s crowded agency landscape. Section 51’s transfer of inland dry port functions to NPERA looks straightforward on paper; in practice, it touches NPA’s traditional port administration turf, NIWA’s inland waterways mandate, and the Ministry’s coordinating role all at once, precisely the kind of overlapping jurisdiction that has bedevilled reform efforts elsewhere in the sector, most visibly in the long-running NIWA-LASWA tussle that only the Supreme Court could settle.
The proposed joint committee of NPERA, NPA, NIWA, and the Ministry, is a sensible mechanism, but Waterways News readers who have followed the CVFF disbursement saga know that Nigerian maritime governance has no shortage of well-designed committees whose outputs never quite reach implementation. What will matter is whether Akutah’s “technical phase” produces a binding timeline, not another round of goodwill statements.
For inland dry port operators and the hinterland trade corridors that depend on them, the stakes are practical: unclear jurisdiction between NPA and NPERA has historically meant slower cargo evacuation, duplicated levies, and uncertainty for freight forwarders planning routes away from the congested Lagos ports. If this transition is handled well, it strengthens the case for dry ports as genuine pressure valves for Apapa and Tin Can. If it stalls in inter-agency turf negotiation, it becomes one more entry in the gap between policy pronouncement and delivery that this desk continues to track.
Worth watching: whether Minister Oyetola’s office sets an explicit deadline when the committee reconvenes, and whether NIWA, whose inland waterways mandate intersects with dry port hinterland connectivity, gets more than a seat at the table.
Two More Tankers Struck in Strait of Hormuz as Attack Count Hits Five in a Week
By Okeoghene Onoriobe | Waterways News
Two more tankers have been hit while transiting the Strait of Hormuz, leaving two seafarers with minor injuries and pushing the number of reported attacks or security incidents against commercial vessels in the waterway to at least five since 16 September.
The UK Maritime Trade Operations (UKMTO) centre said an inbound tanker was struck by an unidentified projectile on Monday. Two crew members sustained minor injuries, but the vessel stayed under its own power and continued to its next port, with no environmental impact reported.
Hours later, UKMTO issued a second alert after an outbound LPG tanker reported being struck by debris from unknown projectiles. All crew were reported safe and the vessel also continued its voyage. Authorities are investigating both incidents, and UKMTO has not attributed either attack to a specific actor.
The two strikes build on a Joint Maritime Information Center (JMIC) advisory covering three earlier attacks between 16 and 18 September, one of which saw a tanker’s hull breached by a projectile, sparking a fire. JMIC continues to rate the threat level in the strait as “severe,” citing a high likelihood of deliberate hostile action and pointing to a pattern of harassment by Iran’s Islamic Revolutionary Guard Corps — drone overflights, surveillance of merchant vessels and VHF hailing, alongside the direct attacks.
Traffic through the chokepoint remains sharply depressed. Only 17 commodity vessels were visibly transiting over the weekend, down from 37 the week before and against a pre-war daily average of roughly 125. That figure excludes vessels sailing with their AIS transponders switched off, and JMIC notes a persistent gap between visible and actual traffic.
Nigeria Watch
For Nigerian maritime stakeholders, the Hormuz crisis is no longer a distant Gulf story. It is a cost line. Every fresh escalation feeds directly into the war-risk insurance premiums and freight rates that Nigerian importers, refiners and shipping agents ultimately absorb, since global tanker and container capacity pulled off the Hormuz route tightens supply elsewhere and pushes rates up across long-haul trades, including those serving West African ports.
The renewed attacks also sharpen the stakes around Nigeria’s push for a stronger voice at the IMO Council table and its broader blue-economy diplomacy under Minister Adegboyega Oyetola. A sustained Gulf disruption is exactly the kind of systemic shock that tests whether Nigeria’s seat translates into influence over how global shipping risk, insurance and rerouting decisions are made, rather than Nigeria simply absorbing the downstream cost.
Locally, the episode is a reminder of the layered nature of “maritime security” as a policy word: the Deep Blue Project and Gulf of Guinea security architecture address piracy and armed robbery close to home, but Nigeria’s ports and shippers remain exposed to security failures thousands of kilometres away in the Gulf.
Waterways News will continue tracking how the Hormuz situation feeds into freight cost pressure at Nigerian ports and NIMASA’s public messaging on the issue.
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