The Ministry of Agrarian Policy and Food of Ukraine and the Lagos Free Zone (Tolaram Group) have signed a Memorandum of Understanding (MoU) and joint participation in the project of a grain terminal in the port of Lekki, Nigeria.
The Ukrainian Government is set to build a grain terminal at the Lekki Port, to help ensure food security in the African continent.
The seal will ensure agricultural products are supplied from Ukraine to Nigeria and other African countries.
The Lekki Deep Sea Port, which is operational but still partly under construction, is Nigeria’s first fully automated port. The $1.5 billion port is a joint port project of the Nigerian government Lagos Free Zone and the China Harbor Engineering Co. (CNEC).
Lagos free Zone is the first private free trade zone in Nigeria. Centrally located in Lagos State the commercial center of West Africa’s largest economy, the zone covers 830 hectares.
The zone is equipped with world-class infrastructure, a single clearance window for ease of doing business and integrated with the 90 hectares Lekki Deep Sea Port, providing access to regional and international markets.
The memorandum was signed by Taras Vysotskyi, first deputy minister of Agrarian Policy and Food of Ukraine, on the sidelines of the Ukraine Recovery Conference that was convened in England. Ukraine is a major contributor of wheat and corn to global markets and is the top exporter of sunflower.
The Lekki port grain terminal will ensure uninterrupted supply of agricultural products in the region
“The cooperation between the Ministry of Agrarian Policy and Lagos Free Zone Company will be aimed at creating the necessary infrastructure to ensure uninterrupted supply of Ukrainian agricultural products to both Nigeria and the entire African continent,” Vysotskyi said. The main goal is to ensure food security in the regions that need it most,” said the deputy minister.
Vysotskyi stated that the Ukrainian sector will continue playing an important role in ensuring international food security, especially when the world population is increasing.
Also read: Lekki Multi-Purpose Deep Seaport, the deepest of its kind in Nigeria
