In a significant development for trade facilitation in Nigeria, the Nigeria Customs Service (NCS) has approved the establishment of a dedicated corridor known as the Lagos Free Zone Green Channel. This initiative allows for the seamless and controlled movement of cargo from the Lekki Deep Sea Port directly to the Lagos Free Zone (Lagos FZ). This milestone effectively positions the Lagos Free Zone as a competitive player in Nigeria's trade environment, being the only Free Zone in the country connected to the Lekki Deep Sea Port, which serves as its anchor tenant.

The approval of the Green Channel is a pivotal moment for Lagos Free Zone, which now becomes the first and only Free Zone in Nigeria to operate under such a sanctioned corridor. This move aligns with global best practices in integrating logistics and customs processes as seen in prominent trade hubs across the Middle East and Asia. The measure aims to eliminate existing bottlenecks that typically hinder efficient cargo operations between the port and the free zone, promising to enhance the operational efficiency for businesses operating within the Lagos Free Zone.

Overall, the implementation of the Green Channel is expected to transform the logistics landscape for LFZ tenants by streamlining the transportation process, thereby fostering greater trade activity and economic growth in the region. As Nigeria continues to strengthen its trade facilitation measures, this initiative could serve as a model for future developments in customs and logistics integration, potentially attracting more investors to the Lagos Free Zone and boosting the local economy.