Dangote Moves to Build Nigeria’s Deepest Seaport in Ogun
Africa’s richest man, Aliko Dangote , has confirmed that his group submitted official documents to begin construction of what he described as “the biggest, deepest port in Nigeria .”
The project will take place in Olokola, Ogun State , about 100km from Lagos, where the Dangote Refinery and fertilizer plant are located.
He made the announcement during a recent interview in Lagos , describing the move as part of a broader push to strengthen export capacity and reduce bottlenecks in Nigeria’s industrial supply chain.
“We’re not doing this to monopolize,” Dangote said.
“But we hope it inspires other entrepreneurs to invest too.”
New Port To Boost Fertilizer and LNG Exports
The planned deep seaport will serve as a major hub for exporting:
- Fertilizer
- Urea
- Liquefied Natural Gas (LNG)
According to Devakumar Edwin , Vice President of the Dangote Group:
“We aim to bring in more gas than Nigeria LNG Ltd. is currently doing.”
This means building new pipelines from the gas-rich Niger Delta to Lagos and Ogun State , allowing Dangote to scale up production and global exports.
Currently, the group uses a private jetty near its refinery for fertilizer shipments and equipment delivery.
The new port will offer a full-scale logistics solution for one of Africa’s most powerful industrial complexes.
Project Could Challenge Lekki Deep Sea Port
Once completed, the Dangote Seaport may compete directly with the Lekki Deep Sea Port , a Chinese-backed facility that began operations in 2023 .
This marks a major shift in Nigeria’s maritime infrastructure landscape.
“This is not just about moving goods—it’s about transforming how we do business,” Dangote added.
His group also plans to surpass Qatar to make Nigeria the world’s top urea exporter within four years .
Dangote: Africa Can Be A Heaven In Five Years
Despite global trade concerns under the Trump administration’s tariff policies , Dangote remains optimistic about Nigeria’s economic future.
“Africa can become a heaven in five years—if we get our act together.”
He recently projected that the Dangote Group will hit $30 billion in revenue by 2026 , driven largely by fertilizer and oil exports.
He stressed that bold investments like the new seaport are essential to Nigeria’s transformation into an industrial powerhouse.
Call to Action: Share Your Thoughts!
What do you think about Dangote building his own deep seaport? Will this boost Nigeria’s economy or create unfair advantage?
💬 Leave a comment below and join the conversation on Nigerian industry, entrepreneurship, and fair competition.
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