BESTAF Maritime Industrial (BMI) Oil and Gas Free Zone is one of Nigeria’s indigenous private Sector, funded initiatives.
BMI is an export oriented Free Zone set up to help transform Nigeria’s manufacturing capacity in the downstream sector of the Oil and Gas Industry.
The Zone is a consortium of 10 wholly owned Nigerian companies led by Bestaf Trading Company Ltd, a company established in May 2008 with registered address at No. 2 Port Road, Tin Can Island Apapa Lagos.
The Consortium comprises of the following partners:
1. BESTAF Trading Company Ltd (Developer) 2. BESTAF Holdings 3. BESTAF Construction Limited 4. BESTAF Marine Services 5. BESTAF Technologies Limited 6. BESTAF Properties 7. MRS Holdings 8. MRS Oil Nigeria Pl 9. MRS Oil and Gas Limited 10. MRS Investment Limited.
This Consortium has invested the sum of $107,556,500 in developing buildings, Port infrastructure and procuring Plants and equipment. A total of $378,350,000 has been secured for the completion of the first phase of the project.
BMI have already executed supply and sales contract for packaged lubricants to MRS Holdings Limited whose subsidiaries includes MRS Oil Nigeria Plc. Colay Cameroun, Corlay Benin, Corlay Togo and MRS Cote D’ivoire.for export purposes
The Toll-blending plant in the proposed oil and Gas Free Zone will blend lubricants for export purposes within the Africa continent which in return will generate forex inflow into the country. The total land area of the Zone is 13.41hectares, being 4.99 hectares at kirikiri and 8.42 hectares at Tincan Island Lagos.
The BMI Zone, comprises of an Industrial Zone at Tin Can Island and Kirikiri island of Lagos with the following Sub-Zones:
(i) Bulk and Containerized Sub-Zone for Conventional Cargo
(ii) Containerized Free Zone Cargo District
(iii) Industrial Sub-Zone
(iv) African Trading Centre, which is a dedicated Port Facility for the BMI Zone, at the Kirikiri area of
Lagos State.
(V) Export approved terminal at the Kirikiri area of Lagos,