Following the destruction of its food export terminals, Ukraine has signed a Memorandum of Understanding (MoU) with Lagos Free Zone, a venture of the Tolaram Group, to construct a grain terminal at the Lekki port in Nigeria.

Ukraine was formerly the largest exporter and producer of wheat before the invasion by Russia, aims to regain its position in the global wheat market. The MoU was signed during the Ukraine Recovery Conference in London, with Taras Vysotsky, the Ukrainian First Deputy Minister of Agrarian Policy and Food, representing the Ukrainian side in the agreement.

“Cooperation between the Ministry of Agrarian Policy and Food and the Lagos Free Zone will be aimed at the creation of the necessary infrastructure for ensuring further ceaseless supplies of Ukrainian agricultural products both to Nigeria and the entire African continent with the main goal of ensuring the food security in the regions in greatest need.”

‘‘The Ukrainian agrarian sector will continue playing an important role in ensuring international food security, especially when the world population is increasing’’, he said.

Lekki Deep Sea Port in Nigeria is the country’s first fully automated port. It is a joint project of the government of Nigeria, the Lagos state, the owner of the Lagos Free Zone, the Singapore-headquartered Tolaram Group, and the China Harbor Engineering Company.