HomenewsNewsBREAKING: FG Ease of Doing Business (EO1) Report: OGFZA Ranks No. 1 among 44 MDAs

BREAKING: FG Ease of Doing Business (EO1) Report: OGFZA Ranks No. 1 among 44 MDAs

  • June 26, 2018
  • Posted by: Destiny Young
  • Category: News
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…Mr Umana Umana, MD/CEO of OGFZA commends staff and management for the excellent performance.

 

June 26, 2018 | Abuja

 

 

The Oil & Gas Free Zones Authority (OGFZA) has been ranked No 1 in the Federal Government Report on Ease of Doing Business Executive Order (EO1).

Over the years government and its agencies are seen more as an obstacle, a hindrance rather than a facilitator and this is across all arms of government; the executive, the judiciary and the legislature. One of the more obvious consequences [of the then status quo] is that our business environment is one of the most stressful in the world. There is no question at all about that and this clearly hinders economic growth. 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.

To address the challenges, Executive Order 001 (EO1) was signed on 18 May, 2017, by Vice President, Professor Yemi Osibanjo (SAN), then Acting President. The very first executive order of this administration, its objective is to promote transparency and efficiency in the business environment. EO1 has been acknowledged as one of the Federal Government of Nigeria (FGN)’s most innovative strategic initiatives to deliver quick, pragmatic changes for Nigerians. 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.

 

Commenting on the report, Mr Umana Okon Umana​, the MD/CEO of OGFZA commended the staff and management for the excellent performance and urged them to continue to faithfully implement the policies and programmes of the President Muhammadu Buhari administration.

 

According to the report, 44 MDAs were benchmarked against EOI indicators and OGFZA ranked number one in the list.

 

Read and download the full report here: DOWNLOAD

 

 

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Author: Destiny Young
Destiny Young (He/Him) is a distinguished IT professional with over 17 years of industry expertise. His impressive academic portfolio includes an HND and BSc (Hons) in Computer Science, a Master of Technology in Information Technology from the University of South Africa (UNISA), an MBA with distinction and a first-class MSc in Digital Transformation from Nexford University, Washington, DC. He currently an MSc student at the Department of Computer Science and IT, Paul University, Awka, Anambra State, specialising in Cybersecurity and also pursuing doctoral degree in Business Administration (DBA) with a specialisation in Technology Management at ANAN University Business School. A Chartered IT Practitioner, Manager, and Administrator, Destiny's focus lies in Cybersecurity and Digital Transformation. His professional affiliations include membership in the Computer Professional Registration Council of Nigeria (CPN), Nigeria Computer and British Societies, Chartered Institute of Administration of Nigeria (CIA), and Nigerian Institute of Management (Chartered). He is a Fellow of the Institute of Information Management (IIM). Destiny's unique blend of academic excellence and practical experience positions him as a leading voice in the ever-evolving landscape of information technology and cybersecurity.

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