Lagos Free Zone
The President, European Business Chambers (EuroCham), Adefolu Majekodunmi, has stated that European businesses are exploring opportunities in a bid to expand their investment portfolio in the country.
The Conseillers du Commerce Exterieur (French Foreign Trade Advisors) has expressed readiness to invest massively in the Lagos Free Zone (LFZ)
To strengthen its position as the commercial nerve of the country, the Lagos State Government and promoters of the Lagos Free Zone (LFZ), have expressed optimism in attracting new investments into the State from the trade facility. Having committed an investment of $2 billion, the LFZ noted that the hub is poised to attract an…
24 Nov 2020
Business experts have expressed confidence in the Lagos Free Zone (LFZ), capacity to contribute around two percent of Nigeria’s Gross Domestic Product (GDP) when fully developed.
23 Nov 2020
The Minister of Transportation, Rt. Hon. Rotimi Amaechi, has tasked the promoters of the Lekki Deep Sea Port project on timely completion to ensure commencement of commercial activity come 2022.
20 Oct 2020
Business Experts have called on the government and private sectors to promote timely investments such as the Lagos Free Zone to drive economic recovery. Leading the call, the Managing Director of the Nigerian Export...
23 Dec 2019
With the accelerated development-taking place on the Lekki corridor, investors and developers have been advised to take advantage of the potentials of the environment to lessen the socio-economic burden
9 Sep 2018
Global Resources Management Limited (GRML), a subsidiary of Lagos Deep Offshore Logistics (LADOL) has barred Samsung Heavy Industries (SHI) Nigeria Ltd from the LADOL Free Zone in Lagos, over alleged expired operating licence. SHI is the operator of a fabrication and integration yard (SHI-MCI yard) in the zone, which was used to integrate the Egina Floating…
19 Aug 2018
Some investors at the Lagos Deep Offshore Logistics Base (LADOL) free zone are still worried about the cost of operations at the zone, and have requested for a more pragmatic and lasting solution, given their huge investment portfolio in the area. They said the move will not only encourage investors operating in the zone, but…