The President of Manufacturers Association of Nigeria, MAN, Dr. Frank Udemba Jacobs, has described the LADOL Free Zone as a haven for investment and job creation.
Speaking during a facility visit to the company, he commended the company for its giant strides in support of industrialisation in Nigeria. He stated: “I am glad that I came to see this facility for myself, I am really inspired and delighted with what I have witnessed and I know that cooperating with LADOL will be of great benefit to our members, looking to set up manufacturing in a world class free zone like LADOL. I want to assure you that MAN is ready and willing to explore all areas of collaboration with your organisation so that together we would improve the industrial landscape of Nigeria.
The construction of Total Exploration and Production Nigeria Limited’s $3.3 billion Egina floating production, storage and offloading, FPSO, vessel has reached 98 per cent, thus raising hope for the completion of $16 billion Egina project.
Investigations, weekend, showed that many aspects of the project, including design, fabrication and welding, have been completed. Officials of Samsung Heavy Industries – Mega Construction Integration Free Zone, (SMI-MCI FZE), jointly established by Samsung Heavy Industries (SHI) and LADOL Integrated Logistics Enterprise were seen working to complete the remaining two percent of the project.
The Lagos Deep Offshore Logistics (LADOL), has disclosed that it is investing in a gas fired power plant, which will be built in phases.
The Managing Director, LADOL, Amy Jadesimi, dropped the hint during a tour by a team from the Nigeria Export Processing Zones Authority (NEPZA) to the base.