A strategically located logistics hub 19 km from Lekki Deep Seaport in Lagos, designed to ease severe truck congestion in the fast-growing Ibeju Lekki Corridor.
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The opportunity
TruckCity Annex is a strategically located logistics hub 19 km from Lekki Deep Seaport in Lagos, designed to ease severe truck congestion in the fast-growing Ibeju Lekki Corridor. It offers a licensed 200-bay truck park, along with cold storage, flexible warehousing, and truck servicing facilities.
The project addresses a critical lack of transit parks and commercial storage, introducing short-term, cubic meter-based warehousing ideal for high-turnover importers.
Demand and execution
With signed agreements from major logistics players like Dangote, Jumia, and Konga, TruckCity Annex has strong demand assurance and a first-mover advantage—no competing completed facilities exist. Supported by top-tier partners (ARUP, Craneburg, Clarke Energy), it offers reliable execution and scalable infrastructure.
Projected IRR
50.3%
Projected NPV
₦41.8bn
Licensed truck bays
200
Phase 1 to operation
180 days
Phase 1, operational within 180 days, will fund Phase 2 expansion, making it a bankable and impactful investment opportunity.
Africa Deal Deepdive (ADD) is a curated intelligence series that dissects high-impact transactions shaping Africa’s investment landscape. This edition unpacks TruckCity Annex in Lagos.
