National Economy
Saturday, September 27, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

New OGFZA MD Rolls Out Expansion Plans

by Adekunle Munir
2 years ago
in Business, News
Reading Time: 2 mins read
OGFZA
Share on FacebookShare on TwitterShare on Telegram

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, inline with President Tinubu’s economic agenda.

Usman made this known on Wednesday when he took over from the former managing director, 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.

You May Like

Electricity Workers Suspend Strike After FG Agreement

Customs, MAN Forge Stronger Partnership To Boost Trade, Industrial Growth

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 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.

Tags: OGFZA
ShareTweetShare
Previous Post

Over $1.2bn Secured For Women- led SMEs In Africa – AfDB

Next Post

DisCos Receive 325,898 Complaints In Q2, 2023

ANOTHER GOOD READ

National Grid Collapses Again Triggering Widespread Blackouts
Business

Electricity Workers Suspend Strike After FG Agreement

12 hours ago
SEREC Backs Customs’ Digital Drive To Tackle Cartels, Smuggling Customs
Business

Customs, MAN Forge Stronger Partnership To Boost Trade, Industrial Growth

12 hours ago
Coalition Names Matawalle Top Minister for October Security Gains
Business

SMEDAN, CAC Partner On Free Registration For 250,000 MSMEs

12 hours ago
Shettima, DBN, SMEDAN, Entrepreneurs Chart Path For MSME Growth
Business

Shettima, DBN, SMEDAN, Entrepreneurs Chart Path For MSME Growth

18 hours ago
Federal Gov’t, UAE Sign MoU On Advanced Cargo Information Systems
News

Federal Gov’t, UAE Sign MoU On Advanced Cargo Information Systems

2 days ago
At UNGA, Dantsoho Pledges Globally Competitive, Digitally-driven Port System
Business

At UNGA, Dantsoho Pledges Globally Competitive, Digitally-driven Port System

2 days ago
Next Post
DisCos Receive 325,898 Complaints In Q2, 2023

DisCos Receive 325,898 Complaints In Q2, 2023

Most Recent

National Grid Collapses Again Triggering Widespread Blackouts

Electricity Workers Suspend Strike After FG Agreement

September 26, 2025
SEREC Backs Customs’ Digital Drive To Tackle Cartels, Smuggling Customs

Customs, MAN Forge Stronger Partnership To Boost Trade, Industrial Growth

September 26, 2025
Coalition Names Matawalle Top Minister for October Security Gains

SMEDAN, CAC Partner On Free Registration For 250,000 MSMEs

September 26, 2025
Shettima, DBN, SMEDAN, Entrepreneurs Chart Path For MSME Growth

Shettima, DBN, SMEDAN, Entrepreneurs Chart Path For MSME Growth

September 26, 2025
Federal Gov’t, UAE Sign MoU On Advanced Cargo Information Systems

Federal Gov’t, UAE Sign MoU On Advanced Cargo Information Systems

September 24, 2025
At UNGA, Dantsoho Pledges Globally Competitive, Digitally-driven Port System

At UNGA, Dantsoho Pledges Globally Competitive, Digitally-driven Port System

September 24, 2025
CBN Cautions Public On Impersonation , Fraud Risks

CBN’s Credit Easing To Unlock Private Sector Growth – CPPE

September 24, 2025

Profit-Taking Wipes Out N326bn As NGX Index Slips 0.4%

September 24, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy