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Offshore Logistics Can Boost Nigeria’s Revenue – Expert


An associate professor of transport planning and logistics, Dr. Olayinka Agunloye, has stated that offshore logistics organisations in Nigeria will provide revenue for the Federal Government if it is coordinated by experts like us without any political interference.

According to Sunday’s release, Agunloye made this observation when he led a team of participants and facilitators of the Executive Master’s and Doctorate Programmes in Logistics and Transport Management from the University of Lagos Business School, University of Lagos, on a study field trip to the Lagos Deep Offshore Logistics Base.

LADOL is a fully integrated, independent and secure base anchored on a 200 m quay with a deep, 8.5 m draft. The quay provides stevedoring and cargo handling with efficient discharge and loading of goods. The BASE provides all logistical services, including warehousing, material handling equipment, fabrication and assembly yards, people management, catering, bunkering of fuel and water, facilities for the supply of bulk materials, a helicopter base, open and closed storage facilities, sewage and waste treatment, potable water and medical services.

The team embarked on the study field trip for the Executive Master of Urban Logistics and Transport Management and the Doctor of Urban Logistics and Transport Management to understudy the logistics activities of LADOL, and it is also part of the benefits from the relationship between industry and academia. The essence is also to expose participants to first-hand real-life issues with solutions.

Agunloye also commended the operation, adding that as a private organisation, the firm is performing more than some government agencies in terms of offshore logistics.

“Operations in LADOL are one of the best, as observed from its field and validated records. This is because international organisations use them as their third-party logistics, which include warehouses, and perform relevant logistics systems for them. I can tell you that they have been on level 1, which is the best global level of operations, since inception. Secondly, LADOL is a private organisation that is performing better than the government organisations in terms of offshore logistics operations. Thirdly, offshore logistics organisations will provide revenue for the Federal Government if it is coordinated by experts like us without any political interference,” he said.

Speaking on the importance of the field trip, Agunloye explained that it would help to engender capacity building in the global transport and logistics system, adding that it is the first field trip from the Business School, visiting LADOL and Lagos Free Zone.

“The study tour was designed to connect theory with practice, deepen understanding of offshore supply chains, gain professional exposure, and develop skills for solving real-world logistics challenges. Some of the company’s core services included port operations, berthing, and cargo handling,” he said.

Agunloye emphasised that LADOL maintains a very high standard of safety and security, having recorded no fatalities in its 12 years of operation.

He reiterated that the participants were familiarised with the nine safety and security rules that have been instrumental in achieving these standards.

Agunloye mentioned that the visit provided a practical understanding of the benefits of an integrated logistics system, reinforcing participants’ classroom learning with real-world applications.

He highlighted that exposure to cold chain logistics and radioactive material handling highlighted the complexity and sensitivity of logistics management in specialised sectors.

“The visit demonstrated how transportation, warehousing, packaging, and information management must work together to achieve operational efficiency,” he maintained.

He added that participants learnt that safety is non-negotiable in logistics operations, and strict adherence to rules sustains operational excellence.

“The use of technology in logistics and advanced information technology systems is critical in warehouse management, inventory control, and real-time decision-making,” he concluded.

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