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    Home ยป OGFZA to boost foreign investments through incentives

    OGFZA to boost foreign investments through incentives

    August 8, 2022
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    Mkpoikana Udoma

    Port Harcourt — The newly appointed Managing Director of the Oil and Gas Free Zones Authority, Senator Tijjani Yahaya Kaura, has promised to create effective business climate to boost the volume of foreign investments to Nigeria.

    *The newly appointed Managing Director of the Oil and Gas Free Zones Authority, Senator Tijjani Yahaya Kaura

    Kaura on assumption of duty on Monday, said that OGFZA under his watch will soon work out a framework upon which the new agenda will be vigorously pursued.

    The new OGFZA boss was received by the most senior director, Mr. Adekunle Ajayi, who served in acting capacity after the appointment of the former Managing Director, Umana Umana as a Minister.

    “The whole idea of this Authority is to attract foreign investments into this country.

    Our effort is to provide incentives to foreign investors and provide an effective enabling environment for them to see the prospects of coming to Nigeria to invest, and these are the areas we are going to look at critically and to work on them to ensure that all other obstacles and hindrance that make things difficult, we will surmount all of them.

    That’s our target. And soon, I assure you that we will come out with a framework on which my leadership of this agency at this level will come up with one that we will pursue vigorously.”

    The new OGFZA boss commended the Authority’s staff and solicited their support to realize the mandate of the Authority.

    “I am glad that I am going to work with people that are in the real business, and I hope we will have a very good working relationship even though I have not been in the oil sector, but I have been in management as far back as three decades ago.

    “You must have seen my CV, starting from the local government to State and to the federal level. I have seen it all and I am sure with your experience and mine, we will put heads together to ensure we deliver. I look forward to your cooperation and support so that we will take this authority to greater heights.”

    It will be recalled that Sen. Kaura was recently appointed to replace Mr. Umana Okon Umana who is now the Minister of Niger Delta Affairs.

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