Project Narrative
Nigeria is the economic powerhouse of Africa, with the largest economy on the continent, and a strong population growth that is set out to make Nigeria the world’s third largest country before 2050*. With the size of the Nigerian economy projected to double within two decades, the Nigerian port sector will need to cater for a significant growth in cargo volumes. For containerized cargo as example, additional volumes in the range of 2-4 million TEU will need to be handled in 2040, compared to a total throughput of 2 million TEU in 2021.
The Port of Lagos is the primary gateway for cargo to and from Nigeria and surrounding countries.
Badagry Port & Free Zone is a new deep-sea port & free zone facility located in Nigeria. The Port is planned to become the largest deep-sea port in Africa. At full build-out, the port will include terminals for containers, General Cargo, Ro-Ro, an Offshore Supply Base (OSB) and liquid bulk facilities.
The first phase of the project includes the development of a 1.2 MTEU container terminal and supporting infrastructure, including:
• 740m quay length, STS operation, and 18 meters design depth alongside, allowing for a leap in vessel sizes compared to the vessels calling Lagos today.
• Seamless, uncongested hinterland connections for truck transport, thereby providing an attractive and cost-efficient alternative to the congested Lagos terminals. In phase 2, hinterland connectivity will be expanded by a rail connection, with the option to add barge transport as third modality.
• The required scale and expansion potential to cater for the ever-growing demand for port capacity in Nigeria.
With the combination of state-of-the art operations, future proof marine infrastructure, efficient hinterland connectivity and large-scale growth opportunities. Badagry Deep Sea Port will offer sustainable competitive advantages to its customers, unmatched by the other ports and port developments in the region.
A logistics park to provide offtake and discharge from the park for cargo will be developed adjacent to the Port and within the Free Trade Zone. The park will further strengthen the offering of Badagry Deep Sea Port, by facilitating full logistics integration.