Lagos State Governor, Babajide Sanwo-Olu, and Taraba State Governor, Dr Agbu Kefas, have jointly inaugurated the new TY Logistics Park in the Alaro Free Zone, Lekki — a multi-billion-naira facility expected to significantly strengthen Nigeria’s logistics and supply chain capacity.
The state-of-the-art park, developed under the leadership of TY Logistics Park Chairman, Theo Danjuma, sits on 29,000 square metres and is equipped with advanced warehouse management systems. It is described as a purpose-built hub designed to enhance the movement of goods across Nigeria and the wider West African region.
Speaking at the inauguration, Governor Sanwo-Olu commended TY Holdings for what he described as a strong vote of confidence in Lagos. He noted that the project would permanently feature in the economic growth story of both Lagos and Nigeria.
Sanwo-Olu further highlighted ongoing infrastructure upgrades within the Lekki industrial corridor — including plans for a seven-axial logistics road that will link Lekki Port, Dangote Refinery, and Alaro City. He said the initiative is aimed at easing congestion on the Lekki Expressway and strengthening the corridor’s commercial efficiency.
He encouraged investors to leverage Lagos’ improving business environment, noting that the state currently leads national rankings in ease of doing business.
In his remarks, Taraba State Governor, Dr Kefas, praised the initiative and expressed pride in Taraba’s participation. He described the project as evidence that inter-state collaboration can unlock growth and deepen trade opportunities across the federation.
Earlier, the Chairman of the organisation explained that the vision for the project began four years ago, when Lieutenant General Theophilus Danjuma (rtd) approved investment into the site with a goal to build a modern logistics centre that meets global standards.
Also speaking, Director of Alaro City Logistics, Steven Jennings, said the hub represents a modern, efficient, and forward-looking investment that signals confidence in Africa’s economic future.