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A lot of foreign investors avoid investing in Nigeria due to the high risk of toxic working environment, embezzlement of funds etc
We beg the Federal Govt to look into Lagos Deep Offshore Logistics (LADOL) because they're fond of embezzling investor's funds
A thread
We beg the Federal Govt to look into Lagos Deep Offshore Logistics (LADOL) because they're fond of embezzling investor's funds
A thread
LADOL have been swindling a lot of the money invested with them mad they do this by luring unsuspecting investors to make investments & then later attempt to seize them (they do this mainly because they know some of these assets are unmovable).
Investors invest millions of Dollars which should in turn create a lot of job opportunities for Nigerians but due to the dishonest and fraudulent business tactics of LADOL, little or no jobs are created which results to unemployment & the millions of dollars invested are wasted.
One of the companies greatly affected by LADOL is AFRICOAT (a foreign Nigerian-registered pipe-coating company).
AFRICOAT have not been able to function properly due to LADOL's antics. From embezzlement of funds to creating toxic work environments to withholding their...
AFRICOAT have not been able to function properly due to LADOL's antics. From embezzlement of funds to creating toxic work environments to withholding their...
... working license which they paid 25,000 dollars (9.7 million Naira) for to physically stopping them from working. AFRICOAT have forfeited pipe coating works because of this.
Even after meeting with the then acting Managing Director of NEPZA twice nothing happened.
Even after meeting with the then acting Managing Director of NEPZA twice nothing happened.
This is the link to the full story. I urge you to read and Retweet so we can put an end to this nightmare. Thanks. https://thenationonlineng.net/a-call-to-president-buhari-to-save-the-investors-at-ladol-free-zone/
