Oil, Gas Free Zones Critical for Nigeria’s Economic Growth – OGFZA Boss
The Managing Director/Chief Executive Officer, Oil and Gas Free Zones Authority (OGFZA), Umana Okon Umana, has said the OGFZA is a channel for conveying the nation’s growth opportunities.
Umana stated this in an interview on the sidelines of the Africa Trade & Investment Global Summit (ATIGS) in Washington DC, United States. He said: “Nigeria is business ready and our oil and gas free zones are conduits of economic prosperity. Nigeria is the largest producer of oil and gas in Africa and the sixth largest in the world.”
He also added; “The real growth of its oil sector as at first quarter of 2018 was 14.77 per cent year-on-year. In addition, we are the largest economy in Africa, the only country in Africa with dedicated oil and gas free trade zones and we are open for business.”