NewStats: 3,259,749 , 8,170,785 topics. Date: Sunday, 25 May 2025 at 09:12 PM 4r424z

Dubai-based DP World, operator of the Port of Dubai, has proposed establishing an industrial park at Nigerian ports to enhance export processing.

The proposal was announced during a delegation meeting in Abuja, where Minister of Marine and Blue Economy Adegboyega Oyetola expressed robust government for initiatives that modernize port infrastructure and attract strategic foreign investment, according to the News Agency of Nigeria (NAN) on Sunday.

Oyetola emphasized Nigeria’s extensive coastline and abundant available land, positioning the country as an ideal setting for an industrial park that would complement existing port operations.

In his remarks, the minister explained that the proposed industrial park would serve as a dedicated logistics hub, streamlining cargo handling and expediting export processes.

“Over the weekend, when I received a delegation from the DP World, I affirmed that the government is open to investments in the sector and assured that the ministry will provide the needed impetus to interested parties for such ventures.

“I welcome the proposal by the Port of Dubai to establish an industrial park to complement the ports and provide a logistics base for processing for exports.

“We have an extensive coastline and abundance of lands suitable for the development of industrial parks,” Oyetola said.

The minister urged the Dubai delegation to submit a formal proposal to the Nigerian Ports Authority (NPA) for review.

https://nairametrics.com/2025/03/03/port-of-dubai-operator-seeks-approval-to-build-industrial-park-at-nigerian-ports/?amp=1

Culled from its website; the company operates in 48 countries and manages over 90 terminals globally, with an established presence in most African nations. DP World handles 70 million
containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic ed for by their 82 marine and inland terminals present in over 40 countries.
This is no less a big grab for Nigeria, the type of relatively more robust foreign direct investments from the oil rich continent of the Middle East.
Think of the magnificence of industrial parks around our ports, your imagination is as splendid as mine. I can't wait a second longer.
One of such a big grab is Saudi Arabia's Halal Product Development Company whereby Nigeria will be tapping into a $7.7trillion halal market. Excitingly, this company is investing in multiple sectors in Nigeria, ranging from food, pharmaceutical (extremely important at this critical point), finance, livestock, etc. A good example is the Islamic banking that has so far been of tremendous amount of relief to the country.
If you throw the big boys from the middle east into the mix of an ambitious planning and set goals of the federal government, it is a recipe for achieving a $1trillion economy quicker than you might imagine.

This industrial park should be sited in the south south

If you listened to Bitter People, you would think no foreign investor is willing to come invest in Nigeria. The gloomy pictures they paint of the country is a reflection of their personal lives.
While Nigeria progresses, let wailers continue to wail, we like it like that.



After God, na Tinubu 💪 God bless Nigeria

Ruke1989:
This industrial park should be sited in the south south

Dey play, if you were an investor looking to put your money into Maritime business in Nigeria, will you ignore Lagos?

Lol

Lagos be ready

Nigeria has given foreign countries control of their ports!!!
Anyone with a modicum of sense will understand how dangerous that can be for the largest black race on earth.
We need to be in control of our ports and borders. However, that has not been the case!

1. The Lekki deep see port is owned by the Chinese
2. The Atlantic Ocean water front is owned by the Lebanese and they even caused Nigerian owned businesses to be demolished for their own expansion.

Now, I am not against any investment into Nigeria but have you noticed a lot of them seek to take control of critical infrastructure, from ports to free trade zones, to transportation infrastructures, IT IS CRITICAL for a country like Nigeria to control those assets of critical security!!

Take a look at Haiti, French ownership of their main ports led to the discreet arming of gangs which has led to Haiti becoming deeply destabilized!! NIGERIA PLEASE WAKE UP!!!!

Lol.

A desert company want to build port.

Dem don Nigeria to experimental ground

News is good news.

IP0B/0BIDIENTS will soon start wailing and crying bitterly over this good news.

Good one

usecondom:
Lagos be ready

soon the most important developments will no longer be in Lagos but Southsouth

Ruke1989:
This industrial park should be sited in the south south

It can be sited anywhere in Nigeria except the south east.

This port should not be cited in SW. We don't want the elimination of our traditional and cultural values for the extremism of Islam in the near future.

I fear for Yorubaland.

E gbe ki ni yi wa. Make i no too talk, this news is not for all of us.

usecondom:
Lagos be ready

Yhen yhen ✌️

Ruke1989:
This industrial park should be sited in the south south

safety of their staffs matter bro. SW have it

This is a big win for 9ja 👍

They should consider Ondo state

Congratulations Nigerian

Lol.

That's all.

They want to use Nigeria as their terrorist base

Go ahead. Lagos first

Most of these industrial parks will not benefit Nigeria much in the long run.

These people just want to take advantage of these parks' tax free status.

For example, as huge as Dangote refinery is, it doesn't pay a kobo in corporate income tax to the Federal Government. That robs the government (and the people of this country) tens of billions of naira in tax earnings.

You can't blame Dangote refinery for taking advantage. Previous governments set up the tax free zones.

Thankfully, the new Tax Bills will correct some of the anomalies of these tax free zones going forward.

That said, Lagos State is a major beneficiary of Dangote Refinery, through PAYE tax. I believe the Federal Government also receive VAT (not sure).

No to Arab influence

Great news, Oil money industrial parks. It can't get any bigger.




-Kiss the truth!

magicminister:
Nigeria has given foreign countries control of their ports!!!
Anyone with a modicum of sense will understand how dangerous that can be for the largest black race on earth.
We need to be in control of our ports and borders. However, that has not been the case!

1. The Lekki deep see port is owned by the Chinese
2. The Atlantic Ocean water front is owned by the Lebanese and they even caused Nigerian owned businesses to be demolished for their own expansion.

Now, I am not against any investment into Nigeria but have you noticed a lot of them seek to take control of critical infrastructure, from ports to free trade zones, to transportation infrastructures, IT IS CRITICAL for a country like Nigeria to control those assets of critical security!!

Take a look at Haiti, French ownership of their main ports led to the discreet arming of gangs which has led to Haiti becoming deeply destabilized!! NIGERIA PLEASE WAKE UP!!!!

You're very ignorant, I don't think you have an idea what it takes to invest abroad.

femisplash:


https://nairametrics.com/2025/03/03/port-of-dubai-operator-seeks-approval-to-build-industrial-park-at-nigerian-ports/?amp=1

Alright,, we listen ,. We do not judge..

Bola Ahmed Tinubu carry go!

magicminister:
Nigeria has given foreign countries control of their ports!!!
Anyone with a modicum of sense will understand how dangerous that can be for the largest black race on earth.
We need to be in control of our ports and borders. However, that has not been the case!

1. The Lekki deep see port is owned by the Chinese
2. The Atlantic Ocean water front is owned by the Lebanese and they even caused Nigerian owned businesses to be demolished for their own expansion.

Now, I am not against any investment into Nigeria but have you noticed a lot of them seek to take control of critical infrastructure, from ports to free trade zones, to transportation infrastructures, IT IS CRITICAL for a country like Nigeria to control those assets of critical security!!

Take a look at Haiti, French ownership of their main ports led to the discreet arming of gangs which has led to Haiti becoming deeply destabilized!! NIGERIA PLEASE WAKE UP!!!!

Your argument is sensible but let’s wait till we get the full info on the project before we start criticizing. Nigerians are really suffering. A project this big will benefit a lot of people directly and many more indirectly. A drowning man doesn’t care who saves him even if it’s his enemy.