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.
Apapa is a Local Government Area in Lagos, Nigeria 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 the naval branch of the Nigerian armed forces. With more than 70 warships, it is categorised as the fourth strongest navy in Africa. It is considered well-trained and has participated in several peacekeeping missions.
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 agency of the Federal Republic of Nigeria, which operates as 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 border 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.
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.
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.
Aiteo is Africa’s largest privately-owned integrated energy company. It is involved in various aspects of the energy sector, including oil and gas exploration, production, refining, and marketing. Aiteo operates in West and Southern Africa.
Flour Mills of Nigeria (FMN) also known as FMN Group is a Nigerian diversified agribusiness company, it was founded in 1960 by George S. Coumantaros. It is one of the leading FMCG companies in Nigeria and West Africa. 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.
Nigerdock is a Nigerian maritime and logistics company that operates an integrated port and free zone in Lagos, providing terminal operations, marine services, logistics, and free zone solutions.
Itana is a Nigeria-based company building the first Digital Free Zone in Africa. It enables businesses to operate and function in Nigeria, and Africa without being physically present in the country. The name "Itana" is derived from the word "Itanna" which means "kindling of a fire" in Yoruba language. Itana is currently in its beta stage and plans to go live in the first quarter of 2024.
