OGFZA, PwC Partner to Drive FDI




December 20, 2017




The Oil and Gas Free Zones Authority (OGFZA) has signed a partnership agreement with PricewaterhouseCoopers (PwC), the global brand in management sciences, to pool resources in a strategic relationship that will see the two organisations working together to drive investments into Nigeria’s oil and gas free zones.

The partnership agreement commits PwC to long-term collaboration with OGFZA’s investment subsidiary, the Free Zone Global Investments Limited, in the areas of strategic advisory services, optimisation of processes and investment promotion.

Speaking at the signing ceremony in OGFZA’s office in Abuja, Managing Director of the authority, Mr. Umana Okon Umana, described the new relationship with PwC as important. Umana said the mandate of OGFZA to manage the nation’s oil and gas free zones and grow foreign direct investment inflow into them required professionalism that can only be enhanced through partnership with the right brand like PwC.

“Given what you represent as a global brand, working together we can win for OGFZA and for Nigeria,” Umana told the team from PwC, and thanked them for accepting to partner with OGFZA to “fully realise the promise of the free zones as vehicles for growth and development.”

Mr. Cyril Azobu, partner at PwC and leader of the team, said his organisation was excited to be part of the OGFZA initiative, adding, “I strongly believe you have the right niche for investments.”

Azobu said it was for him a great moment to be “a participant in the process for the development of my country”.

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