LADOL Pledges Commitment to Local Content Drive

The president Dr. Goodluck Ebele Jonathan has stressed the role of the private sector in the realisation of Nigeria’s economic growth under the transformation agenda aimed at repositioning the nation to become one of the twentieth leading economies in the world by the year 2020.

The promoters of the Lagos deep offshore logistics (LADOL), has also given insurance to be at the forefront of the campaign for local content implementation in the oil and gas logistics sectors.

Ladol has so far invested over 100 million USD in transforming the swampland of Appapa port axis in Lagos into a world class one stop shop deep offshore logistics base and free zone now known as LADOL Free Zone (LFZ).

LADOL is the only facility of its kind in Nigeria being the first greenfield specifically designed and built deep offshore logistics base as a wholly indigenous Nigerian facility; the organization is a champion for local content and one of its greatest success stories is the provision of a hassle free onshore and offshore logistics support for oil and gas production and exploration.

LADOL this year alone have domesticated USD 60 million that would otherwise have been spent abroad.

Dec 3rd, 2012