• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, May 20, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

New MD of OGFZA rolls out expansion plans

OGFZA

The Matters Press by The Matters Press
October 18, 2023
Reading Time: 2 mins read
0
FG to make Ajaokuta free trade zone to attract FDI

Abuja, Oct. 18, 2023: The newly appointed Managing Director of Oil and Gas Free Zones Authority (OGFZA), Mr Bamanga Usman, has unveiled plans for the future growth of the agency in line with Nigeria’s new economic agenda.

RELATED POSTS

Revival of mining sector causes increase in licensing fees in Nigeria

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

Group faults Peter Obi’s claim on deteriorating education sector

Usman made this known on Wednesday when he took over from the former MD Sen. Tijjani Kaura, in Abuja.

He said that his vision include establishment of OGFZA offices in every state of the federation regardless of their oil productibg status.

He said that the expansion initiative is aimed at providing new investment opportunities and addressing the saturation of existing zones.

The MD said that under his leadership OGFZA, which is a key player in the oil and gas sector with focus on international clientele would introduce offshore banking services.

According to him, this is to facilitate seamless international financial transactions and solidify OGFZA’s position as a global industry leader.

“Having served as the sole OGFZA’s in West Africa and the Gulf of Guinea for over two decades, OGFZA is preparing for a transformative rebranding.

” This rebranding is strategic in nature, focusing on engaging multinational stakeholders and reflecting the authority’s global ambitions, ” Usman said.

He said that as part of the transformation, foreign investment offices would be established to enhance accessibility for potential investors and improve coordination.

According to him, the key dimensions of OGFZA’s strategic approach include efficiency and trust.

He said he would elevate infrastructure to international standards and address challenges including deteriorating roads and inconsistent power supply.

He also said that his leadership would update the regulatory framework to align with industry needs and global best practices.
Usman said his leadership would focus on technology transfer, skills acquisition, and supporting local businesses in line with the Nigerian Content Act.

He said he would create an investor-friendly environment and capitalising on Nigeria’s gas reserves for refining and development.

Usman added that his tenure would prioritise the welfare of staff and foster an environment of collaboration, innovation and dedication.

He promised to engage stakeholders and implement these strategic initiatives with the support of the community, aiming for a more result-driven and efficient OGFZA

Speaking, the Outgoing MD, Oil OGFZA, Sen. Tijjani Kaura, described the task ahead of the new leadership of the agency as daunting.

Kaura called on the staff members to extend the same level of support, understanding and loyalty that they showed him during his 14-month tenure.

He said that with perseverance and energy, the new MD would overcome the challenges bedeviling the agency and succeed in leading the organisation to achieving its vision.

Tags: OGFZA
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria suspends mining in Zamfara
Economy/Technology

Revival of mining sector causes increase in licensing fees in Nigeria

May 19, 2025
Make cash accessible, remove obstacles —stakeholders plead
Economy/Technology

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

May 17, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

Group faults Peter Obi’s claim on deteriorating education sector

May 16, 2025
IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Next Post
NEPZA’s new MD, Olufemi assumes duty

NEPZA’s new MD, Olufemi assumes duty

SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN awards certifies 116 business development service providers

Recommended Stories

Sukuk peaks, more profitable in Nigeria despite opposition

Sukuk peaks, more profitable in Nigeria despite opposition

September 23, 2020
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank highlights achievements as Malpass leaves

February 17, 2023
FIRS generates N4.2tn in 10 months

FIRS extends date for filing income tax

July 5, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Revival of mining sector causes increase in licensing fees in Nigeria
  • Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG
  • Group faults Peter Obi’s claim on deteriorating education sector

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us