csrreporters 
Lagos Free Zone Company has announced a strategic partnership with the Bank of Industry (BOI), aimed at accelerating the development of a dedicated micro, small and medium sized enterprise (MSME) hub and expanding Nigeria’s non-oil export capacity through the Lekki Deep Sea Port.
The BOI investment is expected to strengthen Lagos Free Zone’s long-term vision of becoming a globally competitive industrial and logistics hub, while giving MSMEs access to world-class infrastructure and support systems that are typically beyond their reach. With direct connectivity to the Lekki Deep Sea Port, businesses operating within the Zone are set to benefit from reduced logistics costs, faster cargo turnaround, and improved access to international markets.
The collaboration is positioned to play a critical role in deepening Nigeria’s industrial ecosystem by enabling MSMEs to scale from small-scale operations into export-ready enterprises. Access to reliable power and utilities, modern warehousing, efficient port services, and regulatory support within the Zone is designed to address long-standing structural constraints that have limited the competitiveness of small businesses.
Speaking during an inspection of the facilities, representatives of the development finance institution said the investment is focused on helping Nigerian MSMEs grow sustainably, compete globally, and contribute meaningfully to economic transformation. According to BOI, the emphasis is on long-term value creation and industrial capacity building rather than short-term financing.
Management of Lagos Free Zone Company described the partnership as a strong endorsement of the Zone’s vision to create an enabling environment where Nigerian businesses can pursue industrial growth and export ambitions with confidence. They noted that the collaboration opens new pathways for local manufacturers and exporters to integrate into regional and global value chains.
For MSMEs, the initiative reflects increasing alignment between industrial infrastructure providers and development finance institutions in support of non oil exports, job creation, and inclusive economic growth. As Nigeria continues to pursue economic diversification, partnerships such as this are seen as critical to helping small businesses transition from domestic markets to regional and global trade.
The BOI investment marks another milestone in positioning Lagos Free Zone and the Lekki corridor as a major gateway for industrial production and export-led growth in Nigeria and across Africa.
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