Lagos Free Zone Company (Tolaram) has partnered with the Bank of Industry (BOI) on micro, small and medium enterprise (MSME) development.

The investment will accelerate the development of a dedicated MSME hub within the zone and promote non-oil exports through the LFZC’s integrated Lekki Deep Sea Port, a statement by Tolaram said.

This partnership is to strengthen Nigeria’s industrial ecosystem by giving MSMEs access to world-class infrastructure, efficient logistics through Lekki Deep Sea Port and a supportive business environment.

While inspecting the facilities, MD/CEO of BOI, Dr Olasupo Olusi, emphasised: “Our investment enables MSMEs to scale and compete globally while contributing to Nigeria’s economic transformation.”

The Managing Director of LFZC, Adesuwa Ladoja, noted: “BOI’s partnership validates our vision and helps unlock new opportunities for Nigerian businesses to realise their export ambitions.”

This agreement marked another step toward building a globally competitive industrial and logistics hub in Nigeria.