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LADOL chairman, Jadesimi denies illegal berthing of vessels, sees base as emerging hub

Chairman of the Lagos Deep Offshore Logistics (LADOL), Ladipupo Jadesimi, has described allegations of berthing vessels illegally at the base as unfounded, saying all is set for the base to become Nigeria emerging hub for Floating Production Storage and Offloading vessel (FPSO) integration.

He said investments in the logistics base is still rising and has reached the capacity to handle any development that will grow the sector effectively.

While calling on government agencies to support moves made by LADOL in driving the hub of FPSO integration in West Africa, Jadesimi further expressed optimism that the needed support for the scheme will shore up revenue for the federal government.

Earlier in her remarks, the Deputy Comptroller General of the Nigerian Customs Service (NCS), Exports and Free Zones, Grace Adeyemo, said “Vessels including those coming from foreign waters or local waters may call directly at LADOL Free Trade Zone,” according the provision of the Act establishing the free zone.

She commended the LADOL chairman for his foresight and tenacity to ensure that his vision becomes a reality, saying “When we came last year, a lot of things were in place, now I can see that much more have been put in place and others are springing up. Just like you have said, this is an indigenous investment put up by you. For any Nigerian to seat and dream about this and bring it to reality, I think you deserve much applaud.”

“By this investment scheme on the ground, Nigeria is now a place to be reckoned with on the world map when it comes to certain technicalities that you have mentioned. It is an uncommon insight that you have put on the ground. We are proud of you and we are proud that you are a Nigerian. Other free trade zones have equity participation by other nationals. LADOL is the only free trade zone that we have visited that has such huge expertise and is owned by a Nigerian.”