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Sanwo-Olu Unveils Largest Logistics Park In Lagos

LEADERSHIP News by LEADERSHIP News
9 months ago
in News
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Lagos State governor, Babajide Sanwo-Olu, has inaugurated the TY Logistics Park FZE to solve supply chain inefficiencies and position Nigeria as a competitive hub for regional trade.

LEADERSHIP reports that the park is the largest in West Africa, spanning 29,000 sqm and accommodating 45,000 pallet positions, located in the Lekki Free Zone area of Lagos, just a few kilometres away from the Lekki Deep Seaport.

The park is also designed as a fully integrated contract logistics platform, introducing a new operational benchmark for warehousing, inventory management, and regional distribution in West Africa.

At the inauguration, Theo Danjuma Jr, chairman of TY Logistics Park, described the facility as a purpose-built platform that addresses long-standing supply chain inefficiencies and positions Nigeria as a competitive hub for regional trade.

According to him, the park is located beside the Lekki Deep Sea Port and within minutes of the upcoming international airport.

He stated that the 29,000 sqm facility offers over 45,000 pallet positions, advanced storage systems, and a fully automated Warehouse Management System (WMS) providing real-time visibility and audit-ready operations.

“Key features of the facility include: Grade-A warehouse infrastructure built to global specifications; WMS-driven inventory management with 99.99% accuracy;

“Sector-specific SOPs for FMCG, pharmaceuticals, retail, electronics, agriculture and more; Cross-docking, pick-and-pack, and regional distribution services;

“Import/export processing and Free Zone compliance support; and Solar-ready, EDGE-certified design and electric material handling equipment.”

In his goodwill message, the Lagos State Governor, Babajide Sanwo-Olu, reaffirmed the State’s commitment to enabling private-sector-led industrial growth, noting that the Lekki axis is becoming Africa’s new manufacturing and logistics powerhouse.

“Government policy, private sector investment, a conducive environment, it creates a living body that will make businesses thrive, that will invest flourish, and that will make people want to believe in the leadership and in the future of that environment.

“For us as a government, that’s what we’re here, and that’s the commitment we want to give you here and as long as we remain here, whatever we need to give, the assurances we need to give to our investment public, the assurances we need to give to our partners, to say that it’s the best time,” he said.

Also speaking at the event, Stephen Jennings, Founder & Group CEO of Rendeavour, highlighted the strategic role of industrial and residential ecosystems, such as Alaro City, in attracting investment and strengthening Nigeria’s global trade competitiveness.

 

 

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