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Estate Rent & Rates 2019-10-29T10:55:43+00:00

LAGOS PORT COMPLEX

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – LAGOS PORT COMPLEX
S/No.TYPE OF PROPERTY/LOCATIONRATE (₦)/annum (2013)
1LANDS 
a.LPCOutside the port3,400,000/ha
b.LPCWater Front3,600,000/ha
c.Lilypond CTOutside the Terminal900,000/ha
2STACKING SPACE  
a.LPCPaved1,950/m2
b.LPCUnpaved1,300/m2
c.Lilypond CTPaved1320/m2
3WAREHOUSE/SHED 
a.LPCWarehouse/Sheds5,250/m2
b.LPCWarehouse/Sheds3000/m2
4CONVERTED FACILITIES 
a.LPCStacking Area to Fabrication Yard/Workshop2,600/m2
b.LPCStacking Area to Factory3,260/m2
c.LPCWarehouse to workshop7,500/m2
d.LPCWarehouse converted to Factory10,500/m2
5WORKSHOPS8,500/m2
6EXCLUSIVE USE OF QUAY 22,500/m2
7OFFICES 
a.LPCPurpose built commercial offices9,000/m2
b.Lilypond CTPurpose built commercial offices5,425/m2
d.LPCOffice Annexed to warehouse/sheds6,750/m2
e.LPCConverted/Prefabricated offices inside port5,425/m2
f.LPCConverted/Prefabricated offices outside port3,780/m2
g.Lilypond CTConverted/Prefabricated offices2,970/m2
8CANTEEN 
a.LPCPort Workers Canteen1800/m2
9SAND DREDGING (Winning)120/m3

TINCAN ISLAND PORT

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – TINCAN ISLAND PORT
S/No.TYPE OF PROPERTY/LOCATIONRATE (₦)/annum (2013)
1LANDS 
a.TCIPOutside the port3,400,000/ha
b.TCIPWater Front3,600,000/ha
c.KLT I & IIWater Front2,800,00/ha
d.ILTWater Front300,000/ha
e.Snake IslandWater Front Land1,800,000/ha
2STACKING SPACE  
a.TCIPPaved1,950/m2
b.TCIPUnpaved1,300/m2
d.KLT I & IIPaved1,000/m2
e.KLT I & IIUnpaved500/m2
3WAREHOUSE/SHED 
a.TCIPWarehouse/Sheds5,250/m2
b.KLT I & IIWarehouse/Sheds3000/m2
c.ILTWarehouse/Sheds860/m2
4CONVERTED FACILITIES 
a.TCIPStacking Area to Fabrication Yard/Workshop2,600/m2
b.KLT I & IIStacking Area to Fabrication Yard/Workshop1,650/m2
c.TCIPStacking Area to Factory3,500/m2
d.KLT I & IIStacking Area to Factory2,025/m2
e.ILTStacking Area to Factory780/m2
f.TCIPWarehouse Converted to workshop7500/m2
g.KLT I & IIWarehouse Converted to workshop3,000/m2
h.ILTWarehouse Converted to workshop1,500/m2
i.TCIPWarehouse Converted to Factory10,150/m2
j.KLT I & IIWarehouse Converted to Factory3,500/m2
k.ILTWarehouse Converted to Factory2,025/m2
5EXCLUSIVE USE OF QUAY AREA 
a.TCIPExclusive use of quay area22,500/m2
b.KLT I & IIExclusive use of quay area8,450/m2
c.ILTExclusive use of quay area4,500/m2
6OFFICES 
a.TCIPPurpose built commercial offices9,000/m2
b.TCIPOffice Annexed to warehouse/sheds6,525/m2
c.TCIPConverted/Prefabricated offices inside port7,000/m2
d.TCIPConverted/Prefabricated offices outside port6,750/m2
e.KLT I & IIOffices (purpose built)5,000/m2
7CANTEEN 
a.TCIPPort Workers Canteen3,7500/m2
b.KLT I & IIPort Workers Canteen1,000/m2
8SAND DREDGING (Winning)120/m3

RIVERS PORT

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – RIVERS PORT
S/No.TYPE OF PROPERTY/LOCATIONRATE (₦)/ha/annum (2013)
1LANDS 
a.Abonema Wharf area,Harbour and industry Roads, etc.                                      1,650,000/ha
b.Adjacent to Port: Reclamation Road and downstream Area                                      2,640,000/ha
c.Bonny Island                                      1,540,000/ha
2WAREHOUSE/SHEDS 
a.Inside the port                                              8,000/m2
3STACKING AREAS 
a.Paved – Inside the Port                                              1,500/m2
b.Unpaved – Inside the Port                                                  750/m2
4CONVERTED FACILITIES 
a.Stacking Area into Workshop – Inside the Port                                              2,250/m2
b.Stacking Area into factory – Inside the Port                                              3,000/m2
c.Warehouse/sheds into workshop – Inside the Port                                              8,500/m2
d.Warehouse/sheds into factory – Inside the Port                                              9,000/m2
e.Warehouse/sheds into office – Inside the Port                                              8,000/m2
5EXCLUSIVE USE OF QUAY AREA 
a.Inside the Port                                              7,500/m2
6OFFICES 
a.Shipping offices – Inside the Port                                              7,000/m2
7SAND DREDGING (Winning)120/m3

ONNE PORT

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – ONNE PORT.
S/No.TYPE OF PROPERTY/LOCATIONRATE (₦)/annum  (2003)
1LANDS 
a.FLTUndeveloped Land1, 650,000/ha
b.FOTUndeveloped Land1,320, 000/ha
c. FOTWaterfront Land2, 640, 000/ha
2WAREHOUSE/SHEDS 
a.FLT/FOTWarehouse8, 000/m2
b.Former OPI Works YardWarehouse6,850/m2
c.WORKSHOPS 
a.FLT/FOTWorkshop9,120/m2
b.Former OPI Works YardWorkshop9120/m2
3STACKING AREAS 
a.FLT/FOTPaved2, 400/m2
b.FLT/FOTUnpaved1,200/m2
4CONVERTED FACILITIES 
a.FLT/FOTStaking Areas into Workshop3, 000/m2
b.FLT/FOTStaking Areas into Warehouse4, 000/m2
c.FLT/FOTStaking Areas into Factory6, 000/m2
d.FLT/FOTWarehouse into Workshop10, 000/m2
e.FLT/FOTWarehouse into factory12, 000/m2
5EXCLUSIVE USE OF QUAY AREA 
a.FLT/FOTExclusive use of Quay Area9, 000/m2
6HOUSING 
a.FLT4 Bedroom Bungalow1, 800, 000/ unit
b.FLT4 Bedroom Semi-detached Bungalow1, 500, 000/ unit
c. FLT3 Bedroom Bungalow1, 500, 000/ unit
d.FLT2 Bedroom Semi-detached Bungalow1, 200, 000/ unit
e.FLT1 Bedroom Semi-detached Bungalow800, 000/ unit
f.FLT1 Bedroom Studio Flat400, 000/ unit
7OFFICES 
a.FLT/FOTAdmin Block10, 000/m2
b.FLT/FOTOffice Annexed to warehouse6,000/m2
c.FLT/FOTPrefab Office5, 000/m2
d.Fomer OPI Works Yard and OthersOffice5,000/m2

DELTA PORTS

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – DELTA PORTS.
S/No.TYPE OF PROPERTY/LOCATIONRATE (₦)/annum (2013)
1LANDS  
a.New PortOutside the port495,000/ha
b.Burutu PortInside the port17,160/ha
c.Koko PortInside the port13,000/ha
2WAREHOUSE/SHEDS 
a.New PortWarehouse3,750/m2
b.Old portWarehouse2,250/m2
c.Old portCIS Warehouse825/m2
d.Koko PortMain Warehouse1,280/m2
e.Koko PortBack Shed870/m2
f.BurutuOpen Shed126/m2
g.BurutuUAC open shed105/m2
3STACKING AREAS 
a.New PortPaved750/m2
b.New PortUnpaved375/m2
c.Old portPaved600/m2
d.Old portConsolidated/Stone base450/m2
e.Old portUnpaved350/m2
f.Koko portPaved310/m2
g.Koko portUnpaved150/m2
h.Burutu portPaved75/m2
i.Burutu portUnpaved35/m2
j.New PortConsolidated/Stone base560/m2
4CONVERTED FACILITIES 
a.New PortUnpaved Stacking Area to Fabrication Yard/Workshop1,080/m2
b.New PortUnpaved Stacking Area into Factory3,500/m2
c.New PortPaved Stacking Area into Fabrication yard/workshop3,480/m2
d.New PortPaved Stacking Area into Factory3,625/m2
e.New PortWarehouse into fabrication yard6,300/m2
f.New PortWarehouse into factory7,000/m2
5EXCLUSIVE USE OF QUAY AREA 
a.New Port5,670/m2
b.Old Port4,550/m2
6SAND DREDGING (Winning)120/m3
7OFFICES 
a.New PortAdmin Block4,550/m2
b.New PortOther purpose built offices3,900/m2
c.New PortOffice Annexed to warehouse3,250/m2
d.Old PortPurpose built offices4,050/m2

CALABAR PORT

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES – CALABAR PORT.
S/No.LOCATION/TYPE OF PROPERTYRATE (₦)/annum (2013)
1LANDS 
a.New Port (Outside)Lands at Adiabo154,000/ha
b.Old Portlands165,000/ha
2WAREHOUSE/SHEDS 
a.New PortWarehouse/Sheds1040/m2
b.Old PortWarehouse/sheds675/m2
c.CIS Ware house585/m2
3STACKING AREAS 
a.New PortPaved750/m2
b.New PortUnpaved375/m2
c.Old PortPaved350/m2
d.Old PortUnpaved175/m2
4OFFICES 
a.New PortAdmin Building3750/m2
b.Old PortOffices2,250/m2
5CONVERTED FACILITIES 
a.Stacking areas into Factory/Workshop.1700/m2
b.Warehouse/shed into Factory/Workshop.3600/m2
6EXCLUSIVE USE OF QUAY AREA CALABAR4000/m2
7JETTIES1250/m2
8SAND DREDGING (Winning)120/m3

GENERAL RATES

NIGERIAN PORTS AUTHORITY LANDED PROPERTY RATES
GENERAL RATES
S/No.LOCATION/TYPE OF PROPERTYRATE (₦)/annum (2013)
a.Pier License Dues1,250/m2
b.Sand – Winning Fees 120/m3
c.Right of Way  – 1.5 (length) by1,000
d.Environmental Services Fees75/m2

For Enquiries Contact;
General Manager Lands and Assets Administration – y.ahmed@nigerianports.gov.ng
Principal Manager (Estate) – s.isu@nigerianports.gov.ng
Asst. Manager (Estate) – n.chiedozie-udeh@nigerianports.gov.ng

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