Minister Of State For Trade intervenes In LADOL Africoat Crisis — Leadership Newspaper

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The Honorable Minister of State under the Federal Ministry of Industry, Trade and Investment, Hajiya Aisha Abubakar has intervened and successfully resolved the issues raised by Africoat Free Zone Enterprise, FZE, with Lagos Deep Offshore Logistic Base, LADOL, Leadership Newspaper can authoritatively report.

As a result of her intervention, sources close to Africoat revealed that the company’s license to operate in LADOL Free Zone has been restored.

The source said: “The Honourable Minister of State, Hajiya Aisha Abubakar, Federal Ministry of Industry, Trade and Investment has successfully resolved the issues raised by Africoat FZE, as a result of which their license to operate in LADOL Free Zone has been restored.”

Recalled in November 27, 2018, it was reported that LADOL has allegedly evicted Africoat Nigeria Limited from the zone due to the company’s huge debt to LADOL.



Source: Leadership Newspaper