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HomeFree Trade ZoneBoI seeks financial support to local manufacturers

BoI seeks financial support to local manufacturers

Nigeria’s Lekki deep sea port, which began operations in April 2023 and covers 90 hectares, can accommodate 2.5 million containers a year.

The general manager of the Lagos Free Zone, Tejaswi Avasarala, highlighted the importance of the port in bilateral trade with India.

“India is the largest trade partner with Nigeria in the world, and Nigeria is the largest trade partner for India in the African continent.

The bilateral trade is currently about $13 billion in 2023, both the countries are already flourishing with more than 130 Indian companies that are present locally in Nigeria, with a cumulative investment stock of about $30 billion,” Avasarala said.

LagosFreeZone

https://www.lagosfreezone.com/media/news-events/news-article/nigerias-leki-port

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