Company Profile

Harnessing Growth

Company Profile 2020-11-09T11:28:16+00:00

Lekki Port LFTZ Enterprise Limited

Lekki Port LFTZ Enterprise Limited (LPLEL) 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. LPLEL 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.

LPLEL is a joint venture enterprise owned by a group of investors led by the Lekki Port Investment Holdings Inc (comprising China Harbour Engineering Company Ltd. and Tolaram Group), the Lagos State Government and the Federal Government of Nigeria through the Nigerian Ports Authority (NPA).

LPLEL is incorporated under the Companies & Allied Matters Act regime, and licensed by the Lagos Free Zone to operate in the Free 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 Limited 

Lekki Port LFTZ Enterprise Limited (LPLEL) 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. LPLEL 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.

LPLEL is a joint venture enterprise owned by a group of investors led by the Lekki Port Investment Holdings Inc (comprising China Harbour Engineering Company Ltd. and Tolaram Group), the Lagos State Government and the Federal Government of Nigeria through the Nigerian Ports Authority (NPA).

LPLEL is incorporated under the Companies & Allied Matters Act regime, and licensed by the Lagos Free Zone to operate in the Free Zone under the NEPZ Act. This opens a whole host of benefits for Lekki Port in terms of taxes, duties and other incentives.

About The Zone

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

LFZ 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.

About The Zone

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

LFZ 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.