FRI MAR 27 2026-theGBJournal| The Nigerian Content Development and Monitoring Board (NCDMB) has commended ESSO Nigeria for commencing construction of a $23 million permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the development as clear evidence of Nigeria’s growing status as a strategic hub for global oil and gas logistics.
ESSO Nigeria, an affiliate of ExxonMobil, is developing the facility to include an administrative complex, warehouses, and multiple storage units aimed at strengthening offshore operations and supply chain efficiency.
Speaking at the groundbreaking ceremony in Lagos, the Executive Secretary of NCDMB, Felix Omatsola Ogbe, congratulated both ESSO and LADOL for the milestone, reaffirming the Board’s commitment to partnering with industry stakeholders to deepen local capacity and enhance Nigeria’s upstream value chain.
Ogbe praised LADOL’s resilience, consistency, and forward-thinking approach, noting that these qualities have been evident over years of engagement with the facility. He emphasized that the new project reflects sustained progress in building indigenous capability within the sector.
He also placed the development within the context of ongoing global supply chain disruptions driven by geopolitical tensions in the Middle East, which have significantly increased logistics costs worldwide—from Singapore to Lagos and across the United States.
Represented by his Senior Technical Adviser, Engr Austin Uzoka, the NCDMB boss noted that LADOL’s rise as a credible deep offshore logistics base offers a practical solution to longstanding vulnerabilities in Nigeria’s oil and gas logistics ecosystem.
He added that with projects like LADOL’s expansion and the completion of the Dangote Refinery, Nigeria’s supply chain capacity has become significantly stronger compared to a decade ago.
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