Nigeria’s transport network has expanded in recent years to accommodate a growing population. The transport and storage sector was valued at N2.6trn ($6.9bn) in current basic prices in 2020, down from N3trn ($8bn) in 2019, according to the National Bureau of Statistics (NBS). This was reflected in a lower contribution to GDP, at 1.8% in the fourth quarter of 2020, down from 2.1% during the same period the previous year but higher than the 0.8% recorded in the third quarter of 2020. One of the most significant challenges facing the sector is meeting the needs of both large coastal cities and rural inland communities in order to fully unlock the country’s economic potential. This is especially the case with mining and agriculture, both of which are expected to benefit from two large-scale projects: the Lekki Port in Lagos and the Kano-Maradi rail line in the north of the country.
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation.
Lagos or Lagos City is the most populous city in Nigeria, with an estimated population of 21 million in 2015. Lagos is the most populous urban area in Africa. Lagos was the national capital of Nigeria until December 1991 following the government's decision to move their capital to Abuja in the centre of the country. Lagos is a major African financial centre and is the economic hub of Lagos State and Nigeria at large. The city has a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion in Africa. Lagos is also among the top ten of the world's fastest-growing cities and urban areas. The megacity has the fourth-highest GDP in Africa and houses one of the largest and busiest seaports on the continent. Due to the large urban population and port traffic volumes, Lagos is classified as a Medium-Port Megacity.
Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. Apapa contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC).Federal Government
The United Africa Company of Nigeria is a Nigerian publicly listed company based in Lagos. Its areas of operation include manufacturing, services, logistics and warehousing, agricultural and real estate. UACN's food operations include UAC Franchising, UAC Restaurants and UAC Dairies. It also has equity stake in UACN Property Development Company, a quoted firm, CAP Plc, makers of Dulux paints and Portland Paints, manufacturers of Sandtex paints.
The Nigerian Navy (NN) is a branch of the Nigerian Armed Forces. It is among the largest navies on the African continent, consisting of 25,000 personnel as at 2021. Its motto is "Onward Together".
Port Klang Free Zone (PKFZ) is a 1,000-acre (4.0 km2) commercial and industrial zone established in 2004 in Malaysia. It is a regional distribution hub as well as a trade and logistics centre offering extensive distribution and manufacturing facilities. It is located along the Straits of Malacca, Port Klang, Klang, Malaysia. The PKFZ was previously managed by Jebel Ali Free Zone Authority (JAFZA). However, it was taken over and rebranded by a local company in 2007. The PKFZ offers various investment incentives to investors such as tax exemptions on most products and services, subsidies, allowing wholly foreign owned enterprises, free repatriation of capital and profits and incentives for research and development, training and export.
The Nigerian Ports Authority (NPA) is a federal government agency that governs and operates the ports of Nigeria. The major ports controlled by the NPA include: the Lagos Port Complex and Tin Can Island Port in Lagos; Calabar Port, Delta Port, Rivers Port at Port Harcourt, and Onne Port. Operations of the NPA are carried out in affiliation with the Presidency of (Nigeria) and the Nigerian Shippers' Council. The Head office of the Nigerian Ports Authority is located in Marina, Lagos.
The Nigeria Customs Service (NCS) is an independent customs service under the supervisory oversight of the Nigerian Ministry of Finance, responsible for the collection of customs revenue, Facilitation of both national and international trade, anti-smuggling and security activities.
Shanghai Free-Trade Zone, officially China (Shanghai) Pilot Free-Trade Zone, is a free-trade zone in Shanghai, China. On 22 August 2013, the State Council approved the establishment of the zone. Officially launched on 29 September 2013 with the backing of Chinese Premier Li Keqiang, it is the first free-trade zone in mainland China and covers an area of 240.2 square kilometres (92.7 sq mi). Shanghai FTZ integrates four existing bonded zones in the district of Pudong—Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone.
Centenary City is a planned city in the Federal Capital Territory in Nigeria. Centenary City is a master-planned development overseen by Centenary City FZE, as part of Nigeria's vision to create the city of the future smart city along the same lines as Dubai, Monaco and Singapore. The city is to be built from scratch on 1,260 hectares of virgin land located several kilometers southwest of Nigeria's capital, Abuja and five kilometers from the International Airport.
Gulftainer is a port operator with its corporate head office in the United Arab Emirates. It was established in 1976.
Reynolds Bekinbo Dagogo-Jack, OFR, popularly known as Beks, is a Nigerian civil engineer, technocrat and public servant. For over thirty years, Dagogo-Jack has been active in both the public and private sector, especially in areas of government/public administration and project management including engineering, construction and manufacturing.
Lekki is a city in Lagos State, Nigeria. It is located to the south-east of Lagos city. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast, which ends around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
Tin Can Island Port (TCIP) is located in Apapa, the port for the city of Lagos. Tin Can Island Port is seven kilometers due west of the center of Lagos across Lagos Harbor.
Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Free Zone privately owned logistics and engineering facility located on an island in the Port of Apapa, Lagos, Nigeria.
Flour Mills of Nigeria (FMN) is a Nigerian diversified agribusiness company, it was founded in 1960 by George S. Coumantaros. It is one of the leading FMCG in Nigeria. FMN employs over 12,000 people.
Apapa Port Complex also known as the Lagos Port Complex is Nigeria's largest and busiest port complex. The complex consist of a number of facilities including Apapa quays, Third Apapa Wharf Extension, Apapa Dockyard, Apapa Petroleum Wharf, Bulk Vegetable Oil Wharf, Ijora Wharf, Kirikiri Lighter Terminal, and Lily pond inland container terminal. Financed and built by the colonial government of Nigeria, It became the nation's busiest port for exporting agricultural produce from the provinces of Western and Northern Nigeria in the late 1920s. Administration was transferred to the Nigerian government upon the granting of self-government and In 2005, the complex was divided into terminals and contracted out to private operators with NPA acting as the landlord and regulator.
Snake Island is an island of Lagos, located opposite Tin Can Island Port and Apapa. Named because of its snake-like topography, the island is about 14 km in length and 1.4 km wide. Compared to the rest of Lagos, it is less developed and mainly accessible by water transport. A bridge has been proposed for future development. The inhabitants comprises a cluster of ten resident communities namely: Imore, Ibeshe, Irede, Ilashe, Ibasa, Igbologun, Igbo-Esenyore, Igbo-Osun, Ikare, and Iyagbe.
