close x

LADOL MD Speaks at the Ehingbeti Lagos Economic Summit 2021:

LADOL MD Speaks at the Ehingbeti Lagos Economic Summit 2021:

The Managing Director of LADOL Free Zone, Dr. Amy Jadesimi, has stated that Lagos State can take a share of a new USD 12 trillion market by creating a level playing field that enables private sector companies to compete and grow sustainable businesses. Almost all the new jobs the world needs, 680 million, will be created by the private sector, particularly SMEs- the most profitably of these growing companies will be those that embrace sustainable business plans and targets.
Dr. Jadesimi made her remarks today at the Ehingbeti Lagos Economic Summit 2021, in a panel season tagged “Mainstreaming Sustainability in Governance and Business”.
Other members of the panels were Mr. Young David, MD & Senior Partner, BCG; Dr. Gloria Udoh, Social Performance Manager, Shell; Dr. Chioma Nwachuku, GM External Affairs and Communication, Director AGPC (Anoh Gas Processing Company) Seplat; Mrs Titilola Alabi, Sustainability & Public Affairs Manager, Diageo Nigeria.
“To achieve the Sustainable Development Goals, we have to embrace the fact that private sector is going to be the driver. In a country like Nigeria and in state like Lagos it is the private sector, large or small that is going to be critical. There is a great opportunity for low income, high growth countries like Nigeria to correct our market failures by enabling our private sector to adopt sustainable business models. Lagos State can go a step further and push faster implementation and growth of companies in the state by working with organisations such as the UNDP. UNDP has recently launched its SDG Impact Standards to support funds in driving capital to where it is needed most. UNDP’s suite of impact standards will help make sustainable businesses bankable, based on a market case and give them greater access to funding.
The Nigerian private sector has proven itself to be hard working and resilient, with a level playing field and wide acceptance of Impact standards, as criteria for funding, the private sector can soar.”
Dr. Jadesimi was a Commissioner on the Business and Sustainable development Commission that produced the 2017 report, “Better Business Better World”. The report identified 60 biggest market opportunities related to delivering the Global Goals, in four verticals of Food & Agriculture; Cities; Energy & Materials; Health & Well-Being. The Commission’s work showed how achieving the Global Goals opens up an economic prize of at least US$12 trillion by 2030 for the private sector and potentially 2-3 times more. Well over 50 percent of the prize is located in high growth, low income countries. Achieving the Global Goals in these four economic verticals could create 380 million new jobs by 2030, almost 90 percent of them in developing countries. One market hot spot, affordable housing, accounts for almost one fifth (70 million) of these jobs. Pricing in environmental costs such as climate change increases the “real” size of the prize by a further 40 percent. This report is now ubiquitously associated with the case for sustainable business. In short companies with a sustainable business model will be the most profitable and competitive, those without one will likely fall out of the market.
Lagos is already a powerhouse for Africa – by driving sustainable private entrepreneurship and commerce, creating a level playing field and adopting impact standards such as those produced by the UNDP – Lagos could shortly be transformed into a powerhouse for the world.

  • Latest News

    • Field Ready and Ladol Upskilling Academy to host virtual meetings of the Field Ready Nigeria Alliance

      Field Ready and Ladol Upskilling Academy to host virtual meetings of the Field Ready Nigeria Alliance

      On 2 June 2021, Field Ready and Ladol Upskilling Academy will host the Field Ready Nigeria Alliance virtual meeting. The theme of the meeting is “Building a Workforce that Thrives”. Keynote addresses on behalf of the Government of Nigeria will include: Boss Mustapha, Secretary to the Government of the Federation …
    • Gaia Say No! – Africa: Episode 3. Energy Transition – Future net Zero.

      Gaia Say No! – Africa: Episode 3. Energy Transition – Future net Zero.

      In this the third episode, we look at the energy transition that is happening across Africa. Stanley Nyoni, Sustainability and Leadership Advisor who is based in Sweden and Dr Amy Jadesimi, Managing Director of LADOL Free Zone in Lagos, Nigeria one of the leading young energy voices of Africa shared …
    • GTR West Africa 2021

      GTR West Africa 2021

      The inaugural virtual edition of GTR West Africa 2021 took place on March 24- 25, welcoming record participation of trade specialists from across the African continent, Europe, Asia and the Americas. Dr. Amy Jadesimi discussed on: Market volatility and decarbonisation: Navigating financial headwinds for the oil sector. See details here
    • LADOL Joins Over 300 Companies and Organisations to Sign ‘The Neptune Declaration on Seafarer Wellbeing and Crew Change’

      LADOL Joins Over 300 Companies and Organisations to Sign ‘The Neptune Declaration on Seafarer Wellbeing and Crew Change’

      Lagos Deep Offshore Logistics Base, LADOL has joined Global industry and human rights leaders, including A.P. Moller – Maersk, BP, BW, Cargill, COSCO, DOW, Euronav, MISC Group, NYK, Rio Tinto, Shell, Trafigura, Unilever and Vale, sign the Neptune Declaration on Seafarer Wellbeing and Crew Change in a worldwide call to …
    • LADOL Remains Best in Class, Overcoming 2020 Challenges and Renewing its ISO Certifications

      LADOL Remains Best in Class, Overcoming 2020 Challenges and Renewing its ISO Certifications

      LAGOS December 24, 2020: Lagos Deep Offshore Logistic Base, LADOL has once proven to be one of the top performing and compliant companies in Nigeria, as the company overcame the 2020 challenges and renewed its International Organization Standardization, ISO 45001:2018, 14001:2015 and 9001 certifications. In 2018 LADOL became the first …
    • Women’s Leadership in Africa: From Stereotypes to Solutions

      Women’s Leadership in Africa: From Stereotypes to Solutions

      Our MD/CEO, Dr Amy Jadesimi gave the keynote speech during the panel: Women’s Leadership in Africa: From Stereotypes to Solutions: Women CEOs Round-table at UNGA Thursday 24th September 2020 Full details can be accessed here
    • FGN getting full value from Its land at Tarkwa Bay – Ladol

      FGN getting full value from Its land at Tarkwa Bay – Ladol

      Our attention has been drawn to an article making the rounds and we will like to set the record straight. In response to the Article -Titled:-“FG Deserves Full Value from Its Land at Tarkwa Bay – Bala Usman” Published in the Daily Trust on Wednesday August 5th, 2020, these are …
    • To Our Dear Stakeholder

      To Our Dear Stakeholder

        LADOL Free Zone and its Land Lease are Intact and Fully Operational. We are pleased to inform our stakeholders and the public at large that we have received notification to the effect that: The Presidential approval issued in 2018 granting Global Resource Management Limited a 25 year lease covering …
    • LADOL : One-Stop-Shop for Multinational Industrial and Offshore Businesses

      LADOL : One-Stop-Shop for Multinational Industrial and Offshore Businesses

      IndustryWired featured our MD, Dr Amy Jadesimi in its recent highlight of top global leaders, where she talked about LADOL being a “One-Stop-Shop for Multinational Industrial and Offshore Businesses”. Access full details here
    • COVID-19: Working with AU Will Help Scale Through This Crisis -MD LADOL

      COVID-19: Working with AU Will Help Scale Through This Crisis -MD LADOL

      The Managing Director of LADOL Free Zone (LADOL) Dr. Amy Jadesimi says working or collaborating with other African countries can help battle COVID-19 pandemic. Dr. Jadesimi who is a Supergroup founding member of the African Influencers for Development Initiative (AIDI), which is a coalition set up with the United Nations …