Nigerdock Explained

Nigerdock is a Nigerian maritime and logistics company that operates an integrated port and free zone in Lagos, providing terminal operations, marine services, logistics, and free zone solutions.^[1]

History

Established by the Federal Government of Nigeria in 1986,^[2] Nigerdock was privatized in 2001 under the administration of President Olusegun Obasanjo^[3] and subsequently acquired by Jagal Group in 2003.^[4] Nigerdock is a Shipyard and Engineering, Procurement, and Construction (EPC) contractor serving the energy, shipping, and logistics sectors.^[5]

In 2005, Nigerdock gained Free Zone and Port status, leading to the establishment of the Snake Island Integrated Free Zone.^[6] The company began direct shipping in 2017 after approvals from the Nigerian Ports Authority and Customs.

References

1. Web site: Anagor-Ewuzie . Amaka . January 18, 2023 . Nigerdock moves to align with growth plan, meet diverse operational focus . December 5, 2023 . Business Day.
2. Web site: Ogah . David . May 22, 2016 . Nigerdock: A dream killed in prime . December 5, 2023 . The Guardian.
3. Web site: November 27, 2001 . Cablegate: Nigerdock: Story of a Privatization . December 5, 2023 . Scoop.
4. Web site: Onileimo . Sesan . August 1, 2003 . Nigeria: Nigerdock Gets New Investors, Md . December 5, 2023 . AllAfrica.
5. Web site: June 3, 2020 . Nigerdock . December 5, 2023 . SupplyChain.
6. Web site: Rahman . Rakin . May 24, 2023 . Nigerdock gets government nod for Snake Island Port . December 5, 2023 . Port Technology International.