The Managing Director Lekki Free Zone Development Company (LFZDC) has reaffirmed the Lekki Free Trade Zone’s position as one of Nigeria’s fastest-growing industrial hubs, underpinned by sustained investment in world-class infrastructure and strategic location advantages.

Speaking on the zone’s development, the Managing Director of LFZDC, Mr. Dai Shunfa, called on local and international investors to leverage the conducive industrial environment now firmly established within the zone.

Covering over 3,000 hectares, the Lekki Free Trade Zone is supported by critical infrastructure including a 32-kilometre internal road network, 24-megawatt independent gas-powered electricity supply, and a 3,000-tonnes-per-day water treatment facility. The zone also hosts permanent offices of key government agencies—Immigration, Customs, DSS, and the Police—providing 24-hour one-stop services to enterprises.

Mr. Shunfa noted that the impact of these investments is evident in rising investor confidence. In 2025 alone, LFZDC recorded the sale of over 110 hectares of land to 16 flagship investors, marking the strongest annual performance in the past seven years. To date, more than 130 enterprises have registered, with 52 fully operational and an additional 15 under construction.

Despite this progress, only about 500 hectares of the zone have been developed, highlighting significant opportunities for further investment. According to Mr. Shunfa, earlier infrastructure limitations slowed initial uptake, but the completion of major assets—including proximity to the Lekki Deep Seaport, just two kilometres away—has transformed the zone’s investment outlook.

The Managing Director also highlighted the zone’s unique competitive advantages, including piped natural gas supply, proximity to the Dangote Refinery, and seamless import and export operations under free zone incentives. These factors make the Lekki Free Trade Zone particularly attractive to heavy, medium, and light industrial manufacturers.

LFZDC continues to engage investors across Nigeria, China, Africa, and Europe, while working with government stakeholders to address policy and export-related challenges. To date, approximately US$250 million has been generated from land sales, with an estimated US$2 billion expected from remaining undeveloped areas.

Mr. Shunfa reaffirmed LFZDC’s commitment to improving infrastructure, strengthening investor confidence, and positioning the Lekki Free Trade Zone as a globally competitive industrial destination.

Lekki Free Trade Zone developing rapidly with new infrastructure — Shunfa