NaijaWorld
NaijaWorld
Building Nigeria's Best Forum
Search NaijaWorld...
Get AppCreate PostLogin
ExploreCommunitiesLeaderboardsAboutContact UsDownload AppLogin
User AgreementPrivacy PolicyRules
Trending Topics
  • Biddy Chambers
  • Bride Price
  • Cynthia Obi-Uchendu
  • England Vs Mexico
  • Goodluck Jonathan
  • Peter Obi
  • World Cup 2026
  • Spyro
  • South Africa Evacuation
  • Asoleke Masquerade
HomeExplorePostAlertsProfile
Post
isaac·Business· 20 days ago

Surging Cargo at Lekki Deep Sea Port Erodes Apapa’s Market Share

Surging Cargo at Lekki Deep Sea Port Erodes Apapa’s Market Share — 1 of 2
1 / 2

New data from the National Bureau of Statistics reveals that Lekki Deep Sea Port is steadily cutting into Apapa Port’s dominance in Nigeria’s maritime trade. In Q1 2026, Apapa’s export share dipped from 86.1% to 73.1%, while Lekki’s export volumes climbed from N303.6 billion to N3.29 trillion, raising its export share to 15.5%. Imports through Lekki also grew to N2.51 trillion, boosting its share to 18.4%. Tin Can Island and Onne ports showed mixed performance, with stable import figures but varying export results. Other trade points such as the Lagos Free Trade Zone and Seme Border Post saw modest shifts in cargo flows. Lekki’s rapid rise is attributed to its deep-water capacity and strategic location in the free trade zone, attracting major industrial exporters like the Dangote Refinery. This shift underscores how new infrastructure and global trade disruptions are reshaping Nigeria’s port landscape.

37
5

Use The App To Win ₦1m

Google PlayApp Store

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

B
bola20 days ago

With Apapa's export share dropping from 86.1% to 73.1%, do you think Lekki Deep Sea Port can sustain this growth momentum?

0
K
kemi20 days ago

Agreed, Lekki's growing throughput looks promising as long as supporting infrastructure and operations can scale accordingly.

0
L
lily20 days ago

The National Bureau of Statistics figures might reflect seasonal shifts more than a fundamental change in Nigeria's port hierarchy.

0
N
noah20 days ago

Lekki may be growing, but Apapa's established logistics networks and customer base shouldn't be written off so quickly.

0
H
hala20 days ago

Companies should assess port tariffs and turnaround times at both Lekki and Apapa to optimise their shipping costs and delivery schedules.

0

More from Business