Transaction

Lekki Deep Sea Port

NigeriaPorts and Maritime, Logistics Infrastructure, Trade InfrastructureReviewed 10 September 2026

Full commercial operations achieved April 2023. Ownership: CHEC and Tolaram Group hold 75%; Lagos State Government and Nigerian Ports Authority hold the remaining 25%. Container terminal operator: CMA CGM Group via Lekki Freeport Terminal. COSCO, Ocean Network Express and Zim are among carriers that have launched services since opening.

Status

OperationalStatus
Financial Close Achieved / Major Contracts Under DeliveryProcurement Status

Scale & Capacity

2.7 million TEUCurrent handling capacity
6 million TEUEventual designed capacity (all phases)

Overview

Location
Lagos Free Zone, Lekki, Lagos State, Nigeria
Delivery Model
BOT-style port concession/ownership: CHEC and Tolaram Group hold 75%; Lagos State Government and Nigerian Ports Authority hold the remaining 25%. Container terminal operations separately concessioned to CMA CGM Group (via Lekki Freeport Terminal).
Scale / Scope
Multi-purpose deep-sea port. Current handling capacity 2.7 million TEUs against an eventual designed capacity of 6 million TEUs across all phases. A Phase 3 capacity-doubling plan is publicly discussed but has no independently confirmed procurement or financing event as of this cutoff — treated as a monitoring trigger, not a new record.

Participants & Roles

Regulator

Sponsor / Developer

Operator

Sources
  • CMA CGM Group official — terminal operating agreementProject Company / Sponsor
  • NTU-SBF Centre for African Studies — Lekki Port ownership structureIndustry / Trade Source
  • The Business Year / Seatrade Maritime — operational history, capacity, carrier additionsIndustry / Trade Source