Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » OGFZA emerges tops in ‘Ease of Doing Business’ ranking

    OGFZA emerges tops in ‘Ease of Doing Business’ ranking

    July 2, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Umana Okon Umana

    Mkpoikana Udoma

    02 July 2018, Sweetcrude, Port Harcourt — The Oil and Gas Free Zones Authority, OGFZA, has been ranked number one in the Federal Government’s Report on Ease of Doing Business Executive Order, EO1.

    In the report, Federal Government’s 44 ministries, departments and agencies, MDAs, were benchmarked against EOI indicators and OGFZA ranked number one in the list.

    OGFZA beat all MDAs with 94 percent, followed by the Federal Ministry of Foreign Affairs, which scored 90.8 percent.

    Commenting on the report, the Managing Director of OGFZA, Mr Umana Okon Umana , commended the staff and management of the Authority for the excellent performance.

    Umana urged them to continue to faithfully implement the policies and programmes of the President Muhammadu Buhari administration.

    “If people don’t invest, no jobs are created and wherever our children go to school, no matter what is spent on our children’s education, if they are not able to find jobs, that clearly is a problem.

    “Every time that a public servant is an obstacle to anyone seeking approvals or licences, he or she attacks the Nigerian economy; every time that we create obstacles to doing business we attack our prosperity as a nation, we also attack the future.”

    Over the years, government and its agencies is seen more as an obstacle and a hindrance rather than a facilitator and this is across all arms of government –  the executive, judiciary and legislature.

    One of the more obvious consequences of the then status quo is that the nation’s business environment has become one of the most stressful in the world.

    To address the challenges, Executive Order 001 (EO1) was signed on 18 May, 2017, by then Acting President, Vice President Prof.Yemi Osinbajo, with the objective of promoting transparency and efficiency in the business environment.

    EO1 has the following indicators; Entry & Exit of people, Starting a Business, Trading Across Boarders, Registering Property, Paying Taxes, Dealing with Constructing Permit, Getting Credit and Getting Electricity.

    EO1 has been acknowledged as one of the Federal Government of Nigeria’s most innovative strategic initiatives to deliver quick, pragmatic changes for Nigerians.

    Related News

    NEPZA, Federal Committee, Dangote Refinery FZE to crash petroleum products prices

    ‘Cross-border financial crimes draining billions from West, Central Africa’ 

    Tariff crisis stalls Nigeria’s gas-to-power expansion

    E-book
    Resilience Exhibition

    Latest News

    Stakeholders raise alarm over dangers of marine debris

    June 27, 2025

    NCDMB pledges oil industry support for Yikodeen safety footwear

    June 27, 2025

    BPSR applauds NIMASA for championing public service reforms

    June 27, 2025

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    June 27, 2025

    Oyetola, NIMASA pledge zero tolerance for harassment at sea 

    June 27, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.