DPW Ogun: Fact or fiction?

Experienced participants in the Nigerian maritime sector question the logic of DP World’s multi-billion dollar plans for Ogun, and ask “what is the real game plan?”

In late September 2026, in Paris and with President Bola Tinubu looking on, DP World signed two MoUs with the Ogun State Government and Ogun Deep Sea Port Company to explore a greenfield deep-sea port and special economic zone. The headline numbers are large: more than US$7 billion of initial investment and over 50,000 direct jobs, according to Arise.

The Gateway Deep Sea Port is pencilled in for Ogun Waterside with a four-kilometre quay and 18 metres of draught, per Dredgewire. Behind it sits the 10,000-hectare Blue Marine Special Economic Zone. Ogun openly pitches it as a Nigerian Jebel Ali.

Note, however, the wording. These are MoUs to explore. Nothing binds DP World to pour a single tonne of concrete.

This story was originally published by Port Strategy. Read the full story at Port Strategy →