• Sunday, May 19, 2024
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OGFZA to focus on 7-point areas to attract investments

Bamanga Jada Usman, managing director of the Oil and Gas Free Zones Authority (OGFZA) has unveiled a 7-point agenda to position the agency for more investment opportunities.

The 7-point agenda, according to Usman includes vision and trust, infrastructure excellence, Technology modernisation, Local Content Empowerment, Sustainability and resilience, investor focus, and Welfare.

“Aligned with President Tinubu’s ambitious economic agenda, I envisage an expansive future for OGFZA. It is my firm intent to champion the establishment of Oil and Gas Free Zones in every state of our great nation, both oil-producing and non-oil-producing,” Usman said Thursday during the assumption of office ceremony, in Abuja.

Read also: Impact of flooding in onshore oil and gas production environment

According to him, the expansion aims to offer more investment avenues, considering some of the current zones that face saturation from limited opportunities for fresh activities.

The unique positioning in the oil and gas sector is to cater predominantly to an international clientele which warrants advancements tailored to their needs.

The MD added that he intends to advocate for establishing Oil and Gas Free Zones in every state of our great nation in both oil-producing and non-oil-producing areas.

“Our focus remains on technology transfer, skills acquisition, and bolstering local businesses, thereby amplifying the nation’s talent pool and benefits”
Usman further explained that OGFZA’s journey forward will be result-driven and one of collaboration, innovation, and dedication, beseeching the unwavering support of the staff and team.

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