TY Logistics Park FZE, the company owned by Theophilus Danjuma, former minister of defence, has inaugurated a grade-A free zone contract logistics facility in Lagos.
The unveiling ceremony, held on Monday at the TY Logistics FZE Logistics Park in Alaro City, Lekki Free Zone Area, marks the culmination of a four-year vision to transform regional trade infrastructure.
Spanning 29,000 square metres of free zone space, the facility is designed to offer international-standard warehousing, inventory management, and integrated distribution services. It targets major sectors including fast-moving consumer goods, electronics, automotive parts, fashion, and pharmaceuticals.
Theo Danjuma Jnr., chairman of TY Logistics Park, stated that the investment was intentionally designed to “redefine how goods move across Nigeria and West Africa”.
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He said beyond the logistics, the facility will provide end-to-end supply chain solutions, including clearing and forwarding, compliance management, and import and export processing.
“Our smart digital ecosystem integrates global standard systems, free zone operations, and fully digitised logistics workflows to give our clients speed, accuracy, and complete supply chain visibility,” he said.
The park’s strategic location near the Lekki Deep Sea Port is intended to provide what management calls “unmatched import and export efficiency”.
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On his part, Stephen Jennings, founder & group CEO of Rendeavour, described the launch as “a milestone for Nigeria and the African economy,” illustrating the power of “public-private partnerships that create modern policy businesses”.
“This project shows us a glimpse of the future. It’s a moment that highlights what becomes possible when you combine relationships, strong partnerships, and deep commitment to national progress,” he said.
“Our experiences have shown us that public-private partnerships that create modern policy businesses are the defining engine of Africa’s economic transformation. The private sector brings management, strategic and international connections.”
Also speaking, Agbu Kefas, the governor of Taraba, praised the venture as “a labour of love with deep commitment and deep bonds between the partners”.
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Babajide Sanwo-Olu, Lagos governor, hailed Danjuma as “a man who has used his intellect and wealth responsibly,” adding that the facility “will permanently sit in the economic story of Lagos and Nigeria”.
“It is a statement about what our country is headed for and what serious-minded institutions can achieve when they place a bet on Nigeria’s future,” he said.
During the ceremony, Sanwo-Olu also announced a separate but complementary initiative: a planned 500-billion-naira logistics food hub, a joint project with four other states, aimed at addressing national food security challenges.
“And that is the logistics that everything Taraba wants to produce on the agricultural side, we’re willing to take it and bring it to the food logistics park and be able to preserve it,” he said.
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“How can we ensure that the food they produce there gets into the Lagos market within the shortest possible time? How can we ensure that we have a park that can preserve, and create silos where the food will be well taken care of?
“We can reduce travel time, we can reduce issues of middlemen, and person-to-person, government-to-person.”
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Following the speeches, Sanwo-Olu led the ribbon-cutting and a tour of the vast, state-of-the-art warehouse
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