Title: Public Private Partnership (PPP) as an anchor for diversifying the Nigeria economy: Lagos Container Terminals Concession

Language: English

Type: Document

Nature: Report

Published: March 1, 2017

Region: Sub-Saharan Africa

Country: Nigeria

Sector: Transportation

Keywords: Knowledge Lab, Transport, Rail

Document Link(s):


Document Summary:

The Container Terminal Sector will continue to play a critical role in Nigeria’s growth and socio-economic development. The terminals serve as the gateway for the nation’s exports, playing a critical role in achieving the Government’s plan to diversify Nigeria’s revenue base.

Document Details:

Lagos is the commercial hub of the nation with 90% of the containerised cargo going through the Lagos ports. The Lagos container terminals are vital for the following reasons:

  • Lagos is a state with the highest GDP per capita and highest population density in Nigeria

  • The state is a highly urbanised commercial hub and nerve center of the nation

  • 70% of global seaborne trade is Containerised Cargo

  • Strong historical growth in containerised cargo and positive prospects for the future

  • Containerised shipping is an efficient means of sea transport.

Updated: April 12, 2022