This landmark free trade zone project for Nigeria began in 2002, after receiving Presidential approval. Over 215 hectares of pristine land was acquired, prepared, and allocated for development. An avant-garde corporate headquarters has also been built to effectively oversee the development of LFTZ.
In 2012, 590 more hectares of land has been acquired, marking the beginning of phase 2. Over the next four years, the zone will see a large-scale development resulting in it becoming fully operational by the year 2022.