It seeks to integrate maritime infrastructure together with industrial production and world swap,” Rewane Adegbenro added.
The transition from agreements to financing, construction, infrastructure connections and eventual operations will resolve the project’s enduring-term economic influence,” he stressed.
He concluded that if successfully delivered, the investment represents extra than a port.
“If successfully delivered, the project could endorse employment, manufacturing, logistics, exports, government sales and wider economic travel. The $7 billion investment from this represents greater than a port development.
The proposed $7 billion Gateway Intense Sea Port and Blue Marine Particular Economic Zone in Ogun Status is fixed to strengthen Nigeria’s maritime and industrial capacity, a standard director and community affairs analyst, Otunba Adejare Rewane Adegbenro, has said.
Rewane Adegbenro, said the project followed the signing of agreements between the Ogun Situation government and world ports employee, DP World.
According to him, the agreements were signed in Paris on September 24, 2026, in the presence of President Bola Ahmed Tinubu, and are expected to entice further than $7 billion in initial investment and generate over 50,000 manage jobs when fully developed.
He stated that, “The proposed $7 billion Gateway Thorough Sea Port and Blue Marine Particular Economic Zone in Ogun Condition is collection to support Nigeria’s maritime and industrial capacity, following the signing of agreements amid the Ogun Declare Government and world ports account holder, DP World.”
Adegbenro explained that the Gateway Thorough Sea Port, planned for Ogun Waterside, will have a four-kilometre berth and an 18-metre write to accommodate larger vessels.
“The facility is designed to accommodate larger vessels, decongest the Lagos port corridor and cut costs and delays linked alongside cargo movement,” he said, quoting the Presidency.
He added that the port will be joined together with a proposed 10,000-hectare Blue Marine Particular Economic Zone to guide manufacturing, processing, logistics, warehousing and export-oriented businesses.
“The development is furthermore intended to relate maritime operations together with industrial production, creating an economic corridor roughly the port and supporting the movement of goods into and out of Nigeria,” Rewane Adegbenro said.
He noted that President Tinubu, who witnessed the signing, assured investors of regulatory clarity, policy stability and federal support, including facilitating road, rail and power connectivity and removing bureaucratic obstacles.
“The President described the project as an case of assistance betwixt federal and subnational governments, using Ogun Situation providing land and structuring the investment framework whilst restricted finance and multinational expertise are brought into the project,” he stated.
Rewane Adegbenro continued said the Lagos-Calabar Coastal Highway is expected to relate the port and economic zone together with Lagos and the hinterland, including the Presidency identifying the 28-kilometre Ogun section as key to the corridor’s commercial viability.
He disclosed that Governor Dapo Abiodun has said construction is expected to commence in November 2026 subsequent to a groundbreaking ceremony, alongside significant completion projected in two and a half years.
On the broader maritime sector, Rewane Adegbenro said the Nigerian Ports Authority at demonstrate oversees important facilities in Lagos and the Eastern ports, including Onne, Warri and Calabar, although efforts are working to rehabilitate and modernise present facilities.
He observed that the Ogun project comes amid current discussions over maritime infrastructure in the South-East and South-South, where some projects have faced challenges relating to channel depth, dredging, connectivity, equipment and cargo volumes.
He referenced Abia Status, where Governor Alex Otti has approved a feasibility investigation for the proposed Azumini-Obeaku Seaport and Inland Waterways Corridor alongside China Harbour Engineering Business.
“The Ogun development highlights the importance of project preparation, feasibility studies, infrastructure planning, investor participation and regulatory organization in attracting sizeable-scale investment,” Rewane Adegbenro said.
He advised other states seeking equivalent projects to assemble commercially workable proposals, resolve land and connectivity requirements, and occupy credible investors.
“The actual examine for Ogun will now be execution.
Source: ‘Ogun’s $7bn Deep Seaport Project Signals New Direction For Maritime Economy’
