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Home » Lekki Port Highlights Role in Economic Growth Through Free Zones at NIMPORT 2024

Lekki Port Highlights Role in Economic Growth Through Free Zones at NIMPORT 2024

By Oluyinka Onigbinde 

by Joshua
November 1, 2024
in Featured, News

Lekki Port has highlighted its role in advancing Nigeria’s economy through its integration of the Lagos Free Zone with the nation’s blue economy.

This focus was presented at the 17th Nigeria International Maritime Ports and Terminals Conference and Expo (NIMPORT 2024), held from October 29th to 31st at the NIGAV Expo Centre, Murtala Muhammed International Airport, Lagos. Themed “Charting the Course for the Optimization of Nigeria’s Blue Economy 2,” the event gathered industry stakeholders to discuss strategies for enhancing Nigeria’s maritime economy.

Daniel Odibe, Deputy Chief Operating Officer of Lekki Port, spoke at the conference, emphasizing how the port’s strategic location within the Lagos Free Zone, combined with advanced automation and streamlined customs operations, positions it as a major trade gateway in West Africa.

Odibe outlined the port’s contributions to Nigeria’s blue economy, citing efficient cargo movement and rapid customs processing enabled by collaborations with agencies like the Nigerian Customs Service.

He said “Lekki Port is at the forefront of fostering economic growth by aligning the benefits of Free Zones with sustainable practices,” Odibe said. “We leverage state-of-the-art technology and strong partnerships to facilitate seamless cargo movement, which supports the goals set at NIMPORT 2024 for advancing Nigeria’s blue economy and enhancing maritime efficiency.”

Odibe further noted the advantages Lekki Port offers due to its location within Nigeria’s Free Zones, which enables cost-effective logistics and more efficient export operations. “Our proximity to multiple Free Trade Zones provides cost advantages and improved inventory management for businesses, easing access to both domestic and international markets,” he added.

He further explained that Lekki Port is also developing a Port Single Window and Port Community System to improve connectivity within the maritime sector.

These systems he said align with NIMPORT 2024’s vision for a more integrated and efficient maritime ecosystem, aiming to streamline port operations, increase transparency, and enhance inter-agency collaboration.

Encouraging investment, Odibe described Lekki Port as a strategic opportunity within Nigeria’s maritime industry. “Lekki Port offers substantial prospects for investors looking to engage with Nigeria’s expanding blue economy,” he stated. “Our efforts align with national economic goals and strengthen Nigeria’s position in global trade.”


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