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LADOL
Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Special Economic Zone, Free Zone privately owned logistics and engineering facility located on an island in the Port of Apapa, Lagos, Nigeria. LADOL was designed to provide logistics, engineering and other support services to offshore oil & gas exploration and production companies operating in and around West Africa. History LADOL's developer, LiLe, began the construction of the logistics and engineering base in 2001 and commenced full operations in 2006. In June 2006, LADOL was designated as a Free economic zone, Free Zone pursuant to the Nigeria Export Processing Zones Act No. 63 1992. Completed at a cost of US$150 million, LADOL's initial infrastructures included: a 200m quay, 8.5m draft, 25-ton/m2 high load bearing area and additional 30-ton bollards at either end that can accommodate up to six platform supply vessel, supply vessels and th ...
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Ladol Activity At Quay
Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Special Economic Zone, Free Zone privately owned logistics and engineering facility located on an island in the Port of Apapa, Lagos, Nigeria. LADOL was designed to provide logistics, engineering and other support services to offshore oil & gas exploration and production companies operating in and around West Africa. History LADOL's developer, LiLe, began the construction of the logistics and engineering base in 2001 and commenced full operations in 2006. In June 2006, LADOL was designated as a Free economic zone, Free Zone pursuant to the Nigeria Export Processing Zones Act No. 63 1992. Completed at a cost of US$150 million, LADOL's initial infrastructures included: a 200m quay, 8.5m draft, 25-ton/m2 high load bearing area and additional 30-ton bollards at either end that can accommodate up to six platform supply vessel, supply vessels and th ...
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Amy Jadesimi
Amy Jadesimi (born 1976) is a Nigerian businesswoman and the chief executive officer of the Lagos Deep Offshore Logistics Base (LADOL), a privately owned logistics and engineering facility in the Port of Lagos, Nigeria. Background and education Amy Jadesimi was born in Nigeria in 1976. Her father is Chief Oladipo Jadesimi, the executive chairman of LADOL. Her mother, Alero Okotie-Eboh, was a former broadcaster who became a full-time homemaker. Her maternal grandfather, Chief Festus Okotie-Eboh, was a politician who became the Nigerian Minister of Finance. Jadesimi was educated at Benenden School in the United Kingdom, then at the University of Oxford, where she graduated BA in Physiological Sciences and BMBCh in medicine in 1999. Later, she gained an MBA from the Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford GSB) is the graduate business school of Stanford University, a private research university in Stanford, C ...
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Oladipo Jadesimi
Chief Oladipo "Ladi" Jadesimi is a Nigerian oil businessman and founder of the Lagos Deep Offshore Logistics Base, where he serves as the executive chairman. Education and career Oladipo Jadesimi completed his secondary school education at King's College, Lagos. He graduated from Oxford University in 1966 with M.A. and L.L.B. degrees in Jurisprudence, and began working as a chartered accountant with Coopers and Lybrand in London. He is a Fellow of the Institute of Chartered Accountants in England and Wales (F.C.A.). He is a founding partner in Arthur Andersen Nigeria, where he serves as an Independent Financial Consultant, and a major investor in the Niger Delta Oil Company. He was appointed the director of Niger Delta Exploration and Production PLC in 2010 and became Chairman of the Board on June 21, 2016. He served as a non-executive director of First City Monument Bank from 1983 until 2011. Jadesimi is a founder of Lagos Offshore Logistics Base and serves as the executive ...
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Free Economic Zone
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones. Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations, such as the free port of Trieste. As the United Kingdom was proposing the creation of ten free ports after leaving the European Union in early 2020, the EU was clamping down on 82 free zones after finding that their special status had aided the financing of terrorism, money laundering and organised crime. Definition The de ...
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FDi Magazine
''fDi Intelligence'' is an English-language bi-monthly news and foreign direct investment (FDI) publication, providing an up-to-date review of global investment activity. The A4 glossy pages reach a circulation of 15,488 ABC audited, active corporate and crossborder investment professionals across the world. fDi Intelligence is a central part of the fDi Intelligence portfolio of investment products and services from the ''Financial Times''. Features ''fDi Intelligence'' focuses primarily on FDI news and in-depth analysis of the corporate investment climate across many sectors. Regular columns comprise the following: FDI Report and Rankings fDi Intelligence publishes an annual fDi Report which provides an overview of the global FDI statistics as well as a breakdown of the current picture in key regions like Asia-Pacific, Europe, North America, Latin America & the Caribbean, Middle East & Africa, and the BRIC BRIC is a grouping acronym referring to the developing countri ...
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Companies Based In Lagos
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Engineering Companies Of Nigeria
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under specific ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Apapa
Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. Apapa contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC). In its legislation, the NPA itself does not refer to any port called "Port of Apapa", rather it refers to the "Port of Lagos", "Port of Port Harcourt" and "Port of Calabar". Overview The region of Apapa lies near the mouth of Lagos lagoon, and contains ports and terminals for various commodities such as containers and bulk cargo, houses, offices and a small old disused railway station (Apapa North). It is the site of a major container terminal which was owned and operated by the Federal Government of Nigeria until March 2005, and now is operated by the Danish firm A. P. Moller-Maersk Group. Adjacent to the container port is the Tin Can Island Port, which has ro-ro facilities. It also houses some refineries like the Bua Group. It a ...
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Dry Dock
A dry dock (sometimes drydock or dry-dock) is a narrow basin or vessel that can be flooded to allow a load to be floated in, then drained to allow that load to come to rest on a dry platform. Dry docks are used for the construction, maintenance, and repair of ships, boats, and other watercraft. History Greco-Roman world The Greek author Athenaeus of Naucratis (V 204c-d) reports something that may have been a dry dock in Ptolemaic Egypt in the reign of Ptolemy IV Philopator (221-204 BC) on the occasion of the launch of the enormous ''Tessarakonteres'' rowing ship. It has been calculated that a dock for a vessel of such a size might have had a volume of 750,000 gallons of water. In Roman times, a shipyard at Narni, which is still studied, may have served as a dry dock. Medieval China The use of dry docks in China goes at least as far back the 10th century A.D. In 1088, Song Dynasty scientist and statesman Shen Kuo (1031–1095) wrote in his '' Dream Pool Essays'': Renais ...
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Industrial Parks
An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more "heavyweight" version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours. Benefits Industrial parks are usually located on the edges of, or outside, the main residential area of a city, and are normally provided with good transportation access, including road and rail. One such example is the large number of industrial estates located along the River Thames in the Thames Gateway area of London. Industrial parks are usually located close to transport facilities, especially where more than one transport modes coincide, including highways, railroads, airports and ports. Another commo ...
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