Business Briefings
Dangote Begins Process for Nigeria’s Largest Seaport, Eyes Gas Export

President of Dangote Group, Aliko Dangote, has initiated plans to develop Nigeria’s biggest and deepest seaport in Olokola, Ogun State.
Speaking in Lagos, Dangote said he submitted the paperwork in late June for the proposed Atlantic seaport, located near his Lekki refinery complex.
The port will facilitate exports of fertilizer, petrochemicals, and LNG, and streamline imports of heavy equipment.
Dangote already exports urea via a private jetty. If approved, the new port will rival the Lekki Deep Sea Port.
This also marks a return to Olokola, where earlier plans for a refinery were shelved due to local disputes now resolved.
The group also plans to export liquefied gas via pipelines from the Niger Delta to Lagos. “We want to do a major project to bring more gas than what NLNG is doing today,” said Vice-President Devakumar Edwin.
The company plans to distribute fuel using 4,000 gas-powered trucks starting in August. Critics have raised monopoly concerns, which Dangote denies.
Valued at $27.8bn, Dangote Group continues to expand its influence across cement, sugar, logistics, and now, maritime infrastructure.