Country
Nigeria
Sector
Infrastructure
Intelligence Type
Project
Status / Stage
Proposed
Confidence
Reported
Latest Development
Lekki Deep Sea Port — Nigeria’s newest and deepest port (16.5m draft, opened 2023) — is targeting Phase 2 expansion to increase capacity from 2.7 million TEUs to 7.6 million TEUs. Operated by Tolaram Group. Phase 2 includes additional berths and logistics infrastructure in the Lekki Free Trade Zone.
Project Details
Project TypeContainer terminal expansion — Phase 2
Project OwnerLekki Port LFTZ Enterprise Ltd
Project DeveloperTolaram Group (Singapore/Nigeria)
Financing InstitutionChina Harbour Engineering Company; AfDB (Phase 1)
Current PhaseFeasibility
Funding StatusUnder Discussion
What Happens Next
Phase 2 FID and financing close.
Commercial Opportunity
Nigeria's gateway for containerised cargo — Phase 2 directly enables volume growth beyond current capacity.
Commercial Opportunity Intelligence
Commercial ReadinessEarly
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Businessday NG; Lekki Port official; NPA
Source Date2024–2026