LADOL boss wants indigenous companies to invest in long term oil, gas projects

Managing Director, Lagos Deep Offshore Logistics Base (LADOL) Free Zone, Amy Jadesimi, says indigenous investors in Nigeria’s oil and gas industry should invest in long term projects and collaborate to achieve global standard.
Amy made appeal on the sidelines of the visit of the Minister of State for Petroleum Resources, Ibe Kachikwu to Total’s Egina Floating Production Storage Offloading (FPSO) vessel in Lagos.
She visited with the Executive Secretary of Nigeria Content Development and Monitoring Board (NCDMB), Simbi Wabote.
The the minister visited the 3.3 billion dollar FPSO at Samsung Heavy Industry-Mega Construction Industry (SHI-MCI) yard at LADOL’s Free Zone.
According to her, he will encourage indigenous companies to make long term investment and long term capacity development.
“I will also encourage collaboration. We have to work together, we have to make sure that we grow the size of the market by holding hands, demanding that more work be done here and doing that work according to global standards,’’ she said.
Jadesimi said that since inception from 2001, LADOL had continued to engage in one construction after the other till date.
She added that the company would continue to engage in more constructions to ensure more Nigerians were trained and perpetually employed through its up skilling academy.
“We are starting our up skilling academy later in the year.
“Through this academy, we want to make sure that workers who worked in the Egina FPSO are perpetually employed and we want to make sure that more workers are trained for future projects.’’
The LADOL boss commended Total, NCDMB, the Minister for their relentless support to the company.
“As some of you know, such a feat would not have been possible had NCDMB not insisted on it. If Total had not taken the huge risk at a time, nobody would have thought it was possible to support us to make it possible.
“We also want to thank NCDMB for providing us with financial support.
“So, today calls for more celebration. We know that work continues and we promise everyone that LADOL will continue to work hard to meet our mile stones and make sure that the 50,000 jobs directly and indirectly is achieved.
“We will continue to see more capacity development across the country with increased employment of Nigerians in all divisions of the company,’’she said.

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