• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Alaro City Sets Stage For Nigeria’s Industrial Expansion

by Samson Elijah
12 months ago
in Business
alaro city
Share on WhatsAppShare on FacebookShare on XTelegram

Alaro City, Nigeria’s free zone, has made significant strides in transforming the industrial landscape of the country.

Advertisement

The initiatives aimed at job creation and addressing housing deficits within West Africa’s fastest-growing corridors, Alaro City is becoming a beacon of hope for local and foreign direct investments (FDIs), profoundly impacting Nigeria’s economic development.

Speaking at a recent media parley, the managing director of Alaro City, Yomi Ademola emphasised the city’s predictable and secure environment that leverages free zone benefits. These advantages enable many companies to achieve up to 43 per cent annual profit growth, reducing market uncertainties and de-risking business development on both national and global scales.

Ademola, highlighted Alaro City’s pivotal role in West African industrialisation, housing businesses across diverse sectors such as manufacturing, logistics, technology, and renewable energy. The city’s vast 16,500 hectares of valuable land are strategically located near the well-organised and functional Lekki Deep Sea Port. The port’s automated call-up system and extensive road networks facilitate seamless transportation to Lagos and other parts of Nigeria.

“In addition to its industrial park, Alaro City offers residential areas for businesses and private individuals, providing proximity to workplaces within the Lekki Free Zone. The city also features managed green spaces, offering residents and workers access to nature, recreational areas, and a healthier living environment.”

RELATED

Maximize Your Profits With BYDFi’s Trading Bots For Bitcoin, Ethereum, and Ripple

Maximize Your Profits With BYDFi’s Trading Bots For Bitcoin, Ethereum, and Ripple

22 hours ago
Dangote Refinery

Labour, Experts Back Dangote, Say Govt Refineries May Never Work

23 hours ago

According to him, situated on 2,000 hectares of prime land, Alaro City is home to 73 leading companies, including BUA Group, Mantrac Caterpillar, Ariel Foods, TY Danjuma Holding, Kenol, SANA Group, and many others. With a milestone target of 80 companies in sight, Alaro City is a strategic catalyst for foreign direct investment and supports the growth of local businesses and SMEs. By operating within the free zone, companies like Ariel Foods are meeting global production standards, positioning Nigeria as a top exporter of Ready-To-Use Therapeutic Foods (RUTF) on the continent.

“He further stated, that with state-of-the-art facilities and a supportive regulatory framework, Alaro City aims to become a hub for industries ranging from automotive assembly and electronics manufacturing to pharmaceuticals and consumer goods production. This diversification is expected to create numerous jobs, fostering a more resilient and dynamic economy.”

Ademola, while encouraging SMEs to leverage the opportunities within Alaro City to scale up operations and achieve profitability. The city provides the utilities and security necessary for seamless business operations in a conducive environment.

He also called on stakeholders and the media to promote positive narratives about Nigeria’s investment opportunities, encouraging investors to contribute to a competitive and thriving market.

He said, Alaro City is conceived as a 2,000-hectare city development located within the Northwest Quadrant of the Lekki Free Zone. Alaro City has a registered and unencumbered C of O title and is furnished with industrial grade standard roads (including an 8-lane, 60-meter-wide boulevard which is one of the largest privately owned roads in Africa), 24-hour electricity via our privately owned IPP, water, drains, sewage as well as access to ICT.  “However, rendezvous is Africa’s biggest new city builder endorsed by the Economist magazine. By providing secure land title, world-class master planning, high-quality infrastructure and utilities, Rendeavour de-risks large land holdings for city-scale developments.

Our mixed-income cities provide homes, offices, industrial areas, schools and hospitals, allowing residents to live, work and play without the daily burden of commuting into and across congested regions.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Alaro City
SendShareTweetShare
Previous Post

Nigeria To Host 54 African Nations At 2nd Africa Military Games In Nov.

Next Post

Fayose Trial: Ex-NSA Authorised N200m, N2bn Payment–EFCC Witness

Samson Elijah

Samson Elijah

You May Like

Maximize Your Profits With BYDFi’s Trading Bots For Bitcoin, Ethereum, and Ripple
Business

Maximize Your Profits With BYDFi’s Trading Bots For Bitcoin, Ethereum, and Ripple

2025/07/14
Dangote Refinery
Business

Labour, Experts Back Dangote, Say Govt Refineries May Never Work

2025/07/14
Africa Creates Job Clusters With Enhanced Gas Penetration
Business

$25bn Nigeria-Morocco Gas Pipeline Project Implementation Advances Further

2025/07/14
FAAN Reopens Port Harcourt Airport Runway For Flight Operations After Air Peace Mishap
Business

FAAN Reopens Port Harcourt Airport Runway For Flight Operations After Air Peace Mishap

2025/07/14
NCAA Digitises Operations For AOC, Licence Renewal
Business

Absence Of Board In NCAA, NAMA Threatens Safety, Fuel Job Racketeering

2025/07/14
Nigeria Needs 72 Edge Data Centres To Compete Globally – Nnamani
Business

$242.72bn At Risk As Data Centres Face Escalating Climate Threats

2025/07/14
Leadership Conference advertisement

LATEST

I ‘ve Lost Mentor, Pillar, Father Figure – Lai Mohammed

Egypt-Nigeria Partnership Boosting Trade, Investment – Envoy

NSE Confers Fellowship On 261 Engineers

92-Year-Old Cameroonian President Seeks 8th Term

Buhari: NOA To Monitor National Mourning Directive

Buhari Was A Distinguished Statesman, Patriot – Minister

The Passing Of A Mighty Warrior

Chief Olumide Clement Ogunfusika (Manare Of Idanre) – Died June 6, 2025 And Buried On July 11, 2025

Edo PDP Laments Loss Of Governorship Election

No Student Killed In Auchi Poly Crisis, Association Tells Obi

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.