Nigeria, Dec. 8 -- Lagos State Governor Babajide Sanwo-Olu on Monday said the increasing volume of private-sector investments pouring into Lagos is strengthening the state's industrial base and positioning Nigeria for wider economic gains.

He made the remarks at the commissioning of TY Logistics Park FZE, a new Grade-A contract logistics facility in the Lekki Free Zone, which authorities say is the first of its kind in West Africa.

The 29,000-square-metre park, located beside the Lekki Deep Sea Port, opens with more than 45,000 pallet positions, advanced storage infrastructure and a fully automated Warehouse Management System (WMS) that provides real-time visibility for inventory management and distribution.

Operators say the facility ...