Company Profile

Harnessing Growth

Company Profile 2018-03-12T08:46:01+00:00

Tolaram Group

Tolaram Group, Singapore, is the leading sponsor for Lekki Deep Sea Port. The Group is one of the leading corporates in Africa with diversified interests in fast moving consumer goods (“FMCG”), energy, infrastructure, distribution, logistics, digital services, paper and textiles.

Tolaram Group was established in 1948 in Indonesia and has evolved over the last seven decades into a conglomerate with businesses in 75 Countries on 3 continents. The business headquarters of the Group was shifted to Singapore in 1967 to expand the business internationally. It started manufacturing in Indonesia in 1973 and ventured into Nigeria in 1977.

Tolaram Group

Tolaram Group, Singapore, is the leading sponsor for Lekki Deep Sea Port. The Group is one of the leading corporates in Africa with diversified interests in fast moving consumer goods (“FMCG”), energy, infrastructure, distribution, logistics, digital services, paper and textiles.

Tolaram Group was established in 1948 in Indonesia and has evolved over the last seven decades into a conglomerate with businesses in 75 Countries on 3 continents. The business headquarters of the Group was shifted to Singapore in 1967 to expand the business internationally. It started manufacturing in Indonesia in 1973 and ventured into Nigeria in 1977.

Lagos Free Trade Zone Company

Lagos Free Trade Zone Company (LFTZC) is fully owned by Tolaram Group and is registered under the NEPZA Act to develop and operate the Lagos Free Trade Zone (LFTZ). Lekki Deep Sea Port will be located within the LFTZ.

LFTZ is being developed as a multi-product and logistics hub for the entire West African Region. Strategically located 65km east of Lagos, the zone is well connected by road, sea and by air. When fully developed, it will be spread over an area of 805 hectares and will house petroleum and petrochemical complexes, agri-commodity and other manufacturing industries.

Lagos Free Trade Zone Company

Lagos Free Trade Zone Company (LFTZC) is fully owned by Tolaram Group and is registered under the NEPZA Act to develop and operate the Lagos Free Trade Zone (LFTZ). Lekki Deep Sea Port will be located within the LFTZ.

LFTZ is being developed as a multi-product and logistics hub for the entire West African Region. Strategically located 65km east of Lagos, the zone is well connected by road, sea and by air. When fully developed, it will be spread over an area of 805 hectares and will house petroleum and petrochemical complexes, agri-commodity and other manufacturing industries.

Lekki Port LFTZ Enterprise

Lekki Port LFTZ Enterprise (LPLE) is the Special Purpose Vehicle (SPV) which was awarded the Concession Agreement for development and operations of the Lekki Deep Sea Port by the Nigerian Ports Authority. LPLE is required to develop, build and operate a common user, multipurpose port under the concession and has the right to sub-concession terminal operations to other companies.

LPLE is a joint venture enterprise owned by a group of investors led by the Tolaram Group, the Lagos State Government and the Federal Government of Nigeria through the Nigerian Ports Authority (NPA).

LPLE is registered in the Lagos Free Trade Zone (LFTZ) and has the license to operate in the Free Trade Zone under the NEPZ Act. This opens a whole host of benefits for Lekki Port in terms of taxes, duties and other incentives.

Lekki Port LFTZ Enterprise

Lekki Port LFTZ Enterprise (LPLE) is the Special Purpose Vehicle (SPV) which was awarded the Concession Agreement for development and operations of the Lekki Deep Sea Port by the Nigerian Ports Authority. LPLE is required to develop, build and operate a common user, multipurpose port under the concession and has the right to sub-concession terminal operations to other companies.

LPLE is a joint venture enterprise owned by a group of investors led by the Tolaram Group, the Lagos State Government and the Federal Government of Nigeria through the Nigerian Ports Authority (NPA).

LPLE is registered in the Lagos Free Trade Zone (LFTZ) and has the license to operate in the Free Trade Zone under the NEPZ Act. This opens a whole host of benefits for Lekki Port in terms of taxes, duties and other incentives.