Dangote Unveils Multi-Billion-Dollar Olokola Deep-Sea Port Project

Dangote Industries Limited has begun preliminary processes for the construction of a multi-billion-dollar deep-sea port at the Olokola Free Trade Zone in Ogun State as part of plans to expand its logistics, maritime and export infrastructure operations.

The company disclosed that the proposed port, which will cover more than 10,000 hectares, forms a key part of its Vision 2030 strategy aimed at positioning Dangote Industries as a globally recognised industrial and manufacturing giant.

Located in Ogun Waterside Local Government Area of Ogun State and stretching toward Ilaje Local Government Area of Ondo State along the Atlantic coastline, the Olokola port is expected to become a major logistics and industrial hub supporting regional and international trade.

A delegation led by the Managing Director of Infrastructure and Logistics at Dangote Industries, Capt. Jamil Abubakar, recently visited host communities in both Ogun and Ondo states to begin consultations and stakeholder engagement ahead of project implementation.

Speaking during the visit, Abubakar said the seaport would significantly boost Nigeria’s trade capacity while creating economic opportunities for surrounding communities.

“The Olokola Port project is a major step in unlocking Nigeria’s economic potential, reducing pressure on existing ports and supporting industrial growth,” he said.

According to him, the facility is designed to serve as a strategic gateway for exports and imports while strengthening Africa’s regional logistics and maritime network.

He explained that the port would support the export of fertilisers, petrochemicals and refined petroleum products, while also facilitating future liquefied natural gas exports and heavy industrial equipment imports.

Abubakar assured host communities that the company would maintain continuous engagement throughout the execution of the project.

During the tour, the Dangote delegation, accompanied by surveyors and environmental consultants, visited Ode-Omi community in Ogun State, as well as Araromi Seaside Kingdom and Igbokoda in Ondo State.

Traditional rulers in the affected areas welcomed the project and pledged their support.

The Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan, described the development as long-awaited and approved the commencement of surveys and enumeration activities for compensation purposes.

Similarly, the Alara of Araromi Seaside Kingdom, Oba Adeoloye Olawole, expressed optimism about the economic benefits the project would bring.

Dangote Industries stated that the seaport would generate employment, attract foreign investment and stimulate sectors including manufacturing, logistics and services, while also strengthening Nigeria’s participation in intra-African trade under the African Continental Free Trade Area.