Businessman, Oladipo Jadesimi, Expands His Tentacles

Oxford University-trained lawyer turned oil and gas mogul, Chief Oladipo Jadesimi’s quiet lifestyle makes a bold statement.

Despite his wealthy status, Jadesimi has managed to stay almost invisible among the top members of Nigeria’s social establishment. For him, he desires to maximise the local benefit of Nigeria’s offshore oil and gas industry through his company, Lagos Deep Offshore Logistics Base (LADOL).

With over 20 years experience in the Nigerian oil and gas sector, the billionaire founder of LADOL, a privately-owned multi-billion naira state-of-the-art logistics and engineering facility located on an island on the coast of Lagos Lagoon, has been instrumental in bringing several leading oil majors and oil servicing companies to the country.

He is also a founding partner in Arthur Andersen Nigeria and a major investor in Niger Delta Oil Company, operating marginal field concessions with Chevron. With his ascension to the top of the oil industry’s pole, he has grown as one of Africa’s most highly regarded entrepreneurs who has served as a constant source of support for the country’s economic growth.

On his merit, Jadesimi stands as a driving force in the corporate landscape, silently making landmark strides in different sectors of the Nigerian economy.

With the great achievements recorded, he could be forgiven if he decides to take his feet off the pedals, if only just a little, especially as he advances in age. But such is not the modus operandi of  Chief Jadesimi who continues to spread his tentacles.

Recently, his company, LADOL, was among the companies whose operation licences were approved as power distribution companies. No doubt, with his incursion into the power sector, the industry would never be the same again, particularly going by his landmark accomplishments in other sectors.