APM Terminals and its consortium of partners have announced plans to develop a new mega-port project and Free Trade Zone at Badagry in Lagos State.

The first phase of the project is scheduled to open in 2016.

Also Plans for the adjoining Badagry Free Trade Zone will include a power plant, oil refinery, industrial park and warehousing and Inland Container Deport functions.

On completion, the deep-water full-service port will be one of the largest inAfricawith seven km of quay and 1,000 hectares (2,470 acres) of dedicated yard, and will include state-of the art facilities for container, bulk, liquid bulk, Ro/Ro and general cargo as well as oil and gas operations support and a barge terminal.

CEO, APM Terminals Africa-Middle East Regional, Peder Sondergaard, said that the Nigerian Ports Authority (NPA)LagosStateand the Federal Government have been supportive and positive, saying, “We are actively working with the Federal and State Government on the permission process.”

It would be recalled that in his keynote address at the 12th Maritime Seminar for Judges in Abuja in June this year, Minister of Transport, Senator Idris Umar, alluded to the proposed Badagry Port project as significant of a public-private partnership development which would help to address congestion and establish Nigeria as a maritime trading hub for West and Central Africa.

Accordingly, the Benin-Lagos Expressway is currently being upgraded to a 10-lane highway which will facilitate cargo movements to and from inland destinations in the region.

Sondergaard stated, “APM Terminals is currently one of the largest port and terminal operators in Africa, and in West Africa in particular, where APM Terminals Global Terminal Network include nine facilities in eight West African nations, including Apapa Container Terminal, and West Africa Container Terminal inOnne,Nigeria. APM Terminals Apapa, which assumed operations atLagos’ Apapa Container Terminal in 2006 is now the busiest container terminal inWest Africa, handling 600,000 TEUs in 2011 with through-put for 2012 projected to be 720,000 TEUs.

“Industry analysts have predicted that Nigerian container volume, which totaled 1.4 million TEUs in 2011, will outstrip existing port capacity by 2017, presently, about 85 percent of all Nigerian non-oil cargo passes through thePortofLagos”.

Over the next three decades, Nigerian annual container traffic is expected to grow to 10 million TEUs.

“The proposed Badagry Mega-Port project fits well into APM Terminals’ strategy of infrastructure development in targeted high-growth markets. Current new terminal and port expansion projects and investments includeMoin,Costa Rica;Callao,Peru;Santos,Brazil;Ningbo,ChinaandPoti,Georgia.

The Badagry consortium partnership is comprised of APM Terminals, Orlean Invest, the Macquarie Group, Oando PLC, the Chagoury Group and Terminal Investment Limited. Support for the project has also been expressed by the Nigerian Ports Authority, and the Governor of Lagos State.”

With 170 million people,Nigeriais the largest country inAfricaby population, and the 7th-largest worldwide. By 2050, the UN forecast thatNigeria’s population would have risen to 289 million behindIndia,China, theUSAandPakistanin global population ranking.

CyberG:

No industrialization should not and will not move away from Lagos. Maybe you meant extending deeper into the Yoruba SW? A place cannot be industrialized enough for even developed countries keep developing and re-developing all over again, we see it everyday. I want Lagos to take it's tourism several notches higher and continually cement its place as the business, finance and business headquarters of the country (while it remains and ultimately the Yoruba City-State when Nigeria calls it a day!). I hope the Lekki Airport, FTZ and Eko Atlantic make quick progress too!

TCUBE:

never hear do DAWN agenda. what is it?

agbameta:


Extending of course. We still have the LFTZ and Badagry LFT on tap, Ikorodu industrial estate is still expanding, Matori, Ilupeju, Mushin, Apapa and Ikeja industrial estates are still blasting, the printing Industry in Shomolu is getting needed attention with their own IPP, name brand hotels are changing the skyline and landscape, the food, fashion and entertainment industry are on the up n up non stop, we still have the cable cars coming, Meto rail is almost here, Eko waters with new 200 capacity boats each is almost here...

....and the state institutions stepping up to support the growth and development.

The sky is the limit for Lagos state.

For the rest of the SW, the story is almost the same starting from Ogun all the way to Osun. Osun is moving to dominate agric, Ogun and Ondo both have joint FTZ/OKFTZ with deep seaport and refineries under construction. The are at least 3 refineries on tap for the SW.

With available resouces, Ondo is under performing because of lousy leadership and poor focus.

Oyo is redefining Oluyole industrial estate and the same PG we are talking are manufacturing goods and services there.

DAWN sounds good and more robust than OODUA Investement of decades ago which is still the very active.


We are really blessed with strong and capable leaders, my only concern remains the usual FG obstruction and bad bele.

basilo101: No place cn truely develop by importing technology. Dis development SW celebrate is actually a mirage. Only local technology nurtured to towards attaining acceptable standard over time cn bring abt real development. Go n study hw japan, indonesia, china, taiwan, korea etc attained dia status 2day. They shut dia door 2 imperialist and allowed local entrepreneurs lead d way

basilo101: No place cn truely develop by importing technology. Dis development SW celebrate is actually a mirage. Only local technology nurtured to towards attaining acceptable standard over time cn bring abt real development. Go n study hw japan, indonesia, china, taiwan, korea etc attained dia status 2day. They shut dia door 2 imperialist and allowed local entrepreneurs lead d way

CyberG: I like to see Lagos maintain it's business, industrial, technology, transportation leadership while adding tourism on a massive scale! Again, people who are not natively from the State or Yorubaland who are constituting a nuisance be removed for goodness sake! The Yorubas from Lagos who are in other States even in the SW should be brought back, it is really a good thing because ultimately we are working towards the same goal, the money spent in taking care of them is money spent from our ultimate shared "pockets"! Of course, let the Yorubas in the states, even when poor or sick, be taken care of in the best way possible before being re-united back with their families. Non-Yorubas who contribute financially (taxes), work to sweep and clean our lands, contribute something even real hardwork can by all means stay for now only the state governments should be enumerating each of these people regularly and enacting the most comprehensive taxation system in our states so no one benefits without paying a fair share! The destitutes, lazy, criminals (a lot of them cause only problems and reduce the quality of our Yoruba country-state) should be removed and transported back to their States with due process! The lazy and irresponsible governments who play politics and do not show-up to carry their people should be pre-informed that such human cargo will be delivered to their lands at any convenient time of the 24 hour day so if they don't want them at 3 pm, they should be on sit by 9 am in the morning so they can receive them and take care of them!

Salmoneus: Ok, so where would they get the basic electricity to power this mega plant?

dos-santos:
omo ogun ise'ya


now those yoruba haters will , we are the one that develope lagos, oyo,ogun,osun,ekiti.

aree you talking about the bigot igbos? ah no be me talk am ooh
southwest alway miles ahead of the rest and we will always vote leaders that will better our lifes unlike the tribe that vote based on party affliation, religion & foolishness and at the end they keep on running away from their ancestral home cos it is always dry

my fellow oduduwa ppl lets keep up the good, intelligent,strategic planninng spirit of our fore father that made sure all the 1st good thing are cited in our ancestral land
.1st church in abeokuta
.1st bible in abeokuta
.1st story building in badagry lagos
.1st skyscrapper in ibadan
.1st industrial estate in the old western region
.1st higgher institutn(yabatech) in lagos
1st secondary skoo CMS grammer skoo lagos
.1st primary skoo in lagos
.1st university in ibadan
.1st teaching hospital in badan
.1st hospital in lagos
.1st TV station in ibadan
.1st radio station in ibadan
.1st railway line
.1st airport
.1st seaport
the list is endless, lets all continue to distinguish ourselfs in our chosen field then we continue to lead while the igbos follow us and envy us

OMO OOODUAH TOKAN TOKAN

Yorubest: P&G (Peter & Geraldine Okoro) is an Igbo owned company

Later these illusioned bigots from the SW will say we are not the ones developing their land and giving their children jobs as gatemen and cleaners in our plants

Eko Atlantic: The Procter & Gamble Company, also known as P&G, is an American multinational consumer goods, company headquartered in downtown Cincinnati, Ohio, USA.

P&G brands consist of hair color, skin care, small appliances, snack food, body wash, child care, household cleaners, pet nutrition, and beauty products.
From grooming supplies and hair products to health care and household cleaners, P&G brands help make a better life every day for different types of customers.

Find out more @: http://www.pg.com/en_UK/

Standing5: Let them go try that in some southern states like Rivers, Delta, Part of Edo, Bayelsa and see if 30 % of that money wouldn't be used for community settlement before the impose their local labourers on them. Ogun deserves all what they are getting today.

GenBuhari: I fail to see how manufacture of soaps of toiletries and shampoos adds value to Nigeria

Proctor & Gamble are rumoured to be the company that ran Nigeria before control of Nigeria was handed over to UK in 1914.

I am do not have a good feeling about this

GenBuhari: I fail to see how manufacture of soaps of toiletries and shampoos adds value to Nigeria

Proctor & Gamble are rumoured to be the company that ran Nigeria before control of Nigeria was handed over to UK in 1914.

I am do not have a good feeling about this

GenBuhari: I fail to see how manufacture of soaps of toiletries and shampoos adds value to Nigeria

Proctor & Gamble are rumoured to be the company that ran Nigeria before control of Nigeria was handed over to UK in 1914.

I am do not have a good feeling about this

Yorubest:

Can you kindly skip this thread?

Certainly you do not understand the economics of the 160 million man Nigerian market because you do not take your bath like hundreds of millions of Nigerians and West Africans do, neither do you have any wife or kids that use pads and disposable diapers

The jobs to be created also doesn't mean anything to you because outside escorting cattle, you don't understand any other business venture

Gorrbachev:

The guy is ibo

Gbawe:

You guys should chill. You even called him "oloriburuku" in a show of over-the-top insultive behaviour. This is becoming too much. General Buhari is, in my opinion, one of the detribalized Nigerians we have on NL. Many of us here know him to appreciate he contributed his opinion without ethnic malice.

I have no problem with anyone rounding on confirmed bigots but shouting down every contributor because of their ethnic origin, without attempting to be fair to their known character and identity here, is redolent of unthinking ALUU lynch mob behaviour.

You all, whether Igbo or Yoruba, should remember that "an eye for an eye leaves the world blind". In society, there is order. There should be order on this forum too and we should all speak in defence of that. This blanket demonization of posters because of their ethnic origin, currently at an unacceptable level, should stop !!!

Gbawe:

You guys should chill. You even called him "oloriburuku" in a show of over-the-top insultive behaviour. This is becoming too much. General Buhari is, in my opinion, one of the detribalized Nigerians we have on NL. Many of us here know him to appreciate he contributed his opinion without ethnic malice.

I have no problem with anyone rounding on confirmed bigots but shouting down every contributor because of their ethnic origin, without attempting to be fair to their known character and identity here, is redolent of unthinking ALUU lynch mob behaviour.

You all, whether Igbo or Yoruba, should remember that "an eye for an eye leaves the world blind". In society, there is order. There should be order on this forum too and we should all speak in defence of that. This blanket demonization of posters because of their ethnic origin, currently at an unacceptable level, should stop !!!