Lekki Worldwide Investments Limited (LWIL)

Overview

Lekki Worldwide Investments Limited (LWIL) is a special purpose vehicle established by the Lagos State Government to drive the development, coordination, and administration of the Lekki Free Zone (LFZ)—a flagship industrial and investment corridor located in the southeastern axis of Lagos.

Founded in 2004, LWIL serves as the project implementation company tasked with realising the vision of the Lekki Free Zone as a globally competitive economic hub that integrates commerce, industry, logistics, and tourism.

Strategically located between the Lekki Lagoon and the Atlantic Ocean, the zone spans 16,500 hectares, offering a mix of residential, commercial, and industrial land use to support diverse investment opportunities.

Core Mandate

• Manage and promote the development of the Lekki Free Zone
• Facilitate domestic and foreign direct investment into the zone
• Coordinate infrastructure development across industrial layouts
• Engage local and international stakeholders to unlock economic value
• Support regulatory compliance and investor relations on behalf of the State

Key Features of the Lekki Free Zone

• Designated as a Special Economic Zone with investor-friendly policies
• Customised fiscal and tax incentives for eligible businesses
• Proximity to Lekki Deep Seaport and Dangote Refinery, creating high trade volume potential
• Integrated master plan covering industrial, residential, and logistics clusters
• Strategic location for export-oriented manufacturing, oil and gas services, warehousing, and technology development

Recent Developments and Impact

Over the past year, LWIL has expanded its focus on investor outreach, infrastructure upgrades, and cross-sectoral partnerships aimed at:

• Boosting foreign direct investment inflow into Lagos
• Attracting industries and technology-driven businesses
• Supporting job creation and industrial capacity expansion
• Contributing to the transformation of the Lekki axis into one of Nigeria’s fastest-growing economic zones

The Zone is home to some of the largest private sector investments in West Africa, and continues to evolve as a symbol of Lagos State’s economic ambition and commitment to ease of doing business.