🇳🇬NigeriaWest Africa
Lagos Free Zone and CEVA Logistics form joint venture for West African logistics
via Punch Nigeria2 min read
Lagos Free Zone and CEVA Logistics have established a joint venture to enhance integrated logistics solutions in Nigeria and the broader West Africa region. The agreement, approved by Nigeria's Federal Competition and Consumer Protection Commission, grants CEVA Logistics a majority stake. This partnership combines CEVA Logistics' global network with Lagos Free Zone's strategic location and infrastructure, including Nigeria's Lekki Deep Sea Port. The collaboration will introduce the first global logistics leader-operated warehouse within the Lagos Free Zone, facilitating access to West African markets for multinational manufacturers. Adesuwa Ladoja, Chief Executive Officer and Managing Director, Lagos Free Zone, stated that the partnership aims to create a comprehensive solution for manufacturing and trade, building a logistics hub for West Africa. She highlighted that importers using the free zone warehouses at Lekki Port will benefit from duty-free exports to ECOWAS markets and reduced transit times through the Lagos Free Zone Green Channel, launched in February 2026. Jean-Baptiste Rambaud, Vice President, Air and Ocean Product at CEVA IMEA, emphasized the commitment to providing uninterrupted logistics services to global clients exporting to West Africa, noting that the free zone warehouse completes a seamless logistics journey for goods entering the region.
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This summary was AI-generated from a story originally published by Punch Nigeria.
The Everlasting Fountain Welfare Initiative plans to construct a 500-capacity shelter in Obafe town, Ogun State, to address homelessness. Founder Abiola Adeniyi announced the project during its groundbreaking ceremony, stating that the facility, situated on seven acres, will also include a training center for skill acquisition. Adeniyi explained that her childhood experiences and the increasing number of homeless Nigerians inspired the initiative. The proposed facility aims to serve as a rehabilitation center, helping individuals rediscover their purpose and develop useful skills. Since 2021, the foundation has provided accommodation, paid school fees, and supported vulnerable individuals through programs like 'Youth Against Idleness.' The project also includes plans for a farming institute to train individuals in livestock and other agricultural areas. Beneficiaries will be selected without religious discrimination. Adeniyi urged government support for NGOs assisting vulnerable populations and thanked New Covenant Church and volunteers, promising transparency in managing public donations. Victor Adeniyi, Patron of the foundation, described the project as a dream realized through collective effort, envisioning it as a sanctuary for restoration and empowerment.
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