News

Ukraine To Build Grain Terminal At Lekki Port

In the aftermath of the destruction of its food export terminals, the Ukrainian Ministry of Agrarian Policy and Food has joined forces with Lagos Free Zone, a venture by the Tolaram Group, to construct a grain terminal in the Lekki port of Nigeria.

Ukraine, once the largest exporter and producer of wheat prior to the invasion by Russia, seeks to rebuild its agricultural infrastructure and regain its position in the global market.

The Memorandum of Understanding (MoU) was signed during the Ukraine Recovery Conference in London, with the Ukrainian First Deputy Minister of Agrarian Policy and Food, Taras Vysotsky, representing the Ukrainian side.

The collaboration between the Ministry of Agrarian Policy and Food and the Lagos Free Zone aims to establish the necessary infrastructure to facilitate uninterrupted supplies of Ukrainian agricultural products to Nigeria and the entire African continent. The primary objective is to enhance food security in regions facing the greatest need.

Vysotsky emphasized the crucial role of the Ukrainian agrarian sector in ensuring international food security, particularly as the global population continues to grow.

The Lekki Deep Sea Port in Nigeria, the country’s first fully automated port, serves as the location for this significant project. It is a joint venture involving the Nigerian government, the Lagos state, the owner of the Lagos Free Zone (Tolaram Group headquartered in Singapore), and the China Harbor Engineering Company.

Related Articles