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Reps commends LADOL initiative, promise more support
House of Representatives Committee on Commerce has said it is impressed by the progress made so far at the Lagos Deep Offshore Logistic Base, which also incorporates the LADOL Free Zone
Chairman of the committee, Mr. Sylvester Ogbaga, who spoke shortly with journalists after a one-day tour of the facility located near Apapa Port towards the Snake Island, disclosed that the visit was a fact finding one.
He stated “ Our visit is not for sight seeing. We are actually here on a fact finding mission to ascertain that what we have heard of LADOL is the same thing they have on ground. We needed to match what we have heard with what they have in place”, he noted.
“We are quite sure having taken some time out to tour the facility that what we have heard of LADOL is what it is in real life. We will go back to Abuja and report back to the National Assembly that has sent us”.
The chairman who also disclosed that the committee visit was partly to assess the success or otherwise of the Local Content Policy of the government, noted that with the success recorded at LADOL, government should do more in the area of encouraging others.
He also pledged that on the part of the National Assembly, the two legislative arms will continue to make laws that will boost the ability of Nigerian investors to come into the market; arguing that the time has come for Nigerians to take their pride of place in the scheme of things in the country.
Ogbaga, however, lamented the negative effects of the security situation in the country, saying that the creation of employment opportunities has been hampered by the situation, potential foreign and indigenous investors fold their arms and watch helplessly.
