Business
Lagos Free Zone, CEVA seal logistics joint venture

In line with their shared vision to drive growth and innovation in West Africa, Lagos Free Zone and CEVA Logistics have announced the signing of a Joint Venture agreement. This partnership marks a significant milestone in advancing integrated logistics solutions in Nigeria and the broader West Africa region.
The agreement, which has been approved by the Federal Competition and Consumer Protection Commission of Nigeria, was formally signed recently. CEVA Logistics will hold a majority stake in the newly established joint venture, according to a statement from the partners on Sunday.
This collaboration brings together CEVA Logistics’ extensive global network and expertise with Lagos Free Zone’s strategic location and infrastructure. The JV establishes the first global logistics leader-operated warehouse within Lagos Free Zone, home to Nigeria’s Lekki Deep Sea Port.
This facility positions importers to seamlessly access West African markets, particularly multinational manufacturers serving the region.
Speaking on the strategic joint venture, the Chief Executive Officer and Managing Director, Lagos Free Zone, Adesuwa Ladoja, said, “This partnership with CEVA Logistics underscores our commitment to creating a one-stop solution for manufacturing and trade businesses in Nigeria. By integrating Lekki Port, reliable industrial infrastructure, and efficient logistics solutions, we are building a logistics hub for West Africa. Collaborating with CEVA, a global leader in logistics, strengthens our ability to deliver on this vision.”
Ladoja noted that Lekki Port, with its modern infrastructure, serves as a critical entry point for goods entering West Africa. Importers leveraging the free zone warehouse facilities at Lekki Port will benefit from duty-free exports to the Economic Community of West African States markets, creating a streamlined and cost-effective logistics solution.
She added that the advantage is further reinforced by the Lagos Free Zone Green Channel — a Nigeria Customs Service-approved logistics corridor launched in February 2026 that enables cargo to move directly between Lekki Port and Lagos Free Zone in hours rather than days, significantly reducing demurrage costs and giving manufacturers the supply chain predictability needed to compete in time-sensitive regional markets.
In his remarks, the Vice President, Air and Ocean Product at CEVA IMEA, Jean-Baptiste Rambaud, stated, “We are proud to partner with Lagos Free Zone in this strategic venture. Our targeted investments in Nigeria reflect our commitment to providing uninterrupted logistics services to our global clients exporting to West Africa, including ECOWAS. This free zone warehouse is the final piece in creating a seamless logistics journey for goods and products from around the world to West Africa.”
Rambaud disclosed that the partnership will mark a new phase of enhanced logistics solutions, leading to a seamless journey for global trade in West Africa, a region with its dynamic and youthful population that represents a key growth market for global manufacturers, especially in the FMCG sector.
The logistics journey to this region requires a deep understanding of trade lanes, local port operations, and customs procedures. By combining CEVA Logistics’ global capabilities with Lagos Free Zone’s integrated infrastructure, the joint venture will enable businesses to focus on their core operations while ensuring a seamless journey for goods from global origins to West African destinations.

Breaking3 weeks agoOutrage as video of secondary school students in Benue state str!ping their classmate surfaces online
News3 weeks agoI Joined A Cult, Worked So Hard For Demons – Tonto Dikeh Confesses While Ministering (Video)
News3 weeks agoHeartbreaking Story Of 300-Level Ekiti University Student Who Was K!lled After Truck Crashed Into His Building (Video)
National3 weeks agoEnvironmental Sanitation: Lagos meets with LG, LCDA bosses
Breaking3 weeks agoSinger Flavour shows off Italian woman and vows to shower her with so much love that she’ll have no choice but fall in love (video)
News3 weeks agoWAEC Releases 2026 WASSCE Timetable (Full List)
Breaking2 weeks agoMother Abandons 4 Children with Neighbor and Disappears for Months — Shocking Case Raises Questions
World2 weeks agoTrump LIVE: Iran war bombshell as Trump could be 'removed from Presidency'















