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Free Trade Zones: No Revenue Loss For Government – Jada
- January 16, 2025
- Posted by: Destiny Young
- Category: News
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The Managing Director and CEO of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada has asserted that Nigeria’s Free Trade Zones (FTZs) do not result in revenue loss for the governments at the various levels in the country. The OGFZA also clarified misconceptions about these zones being mere tax havens for investors.
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OGFZA EMERGES TOPS ALONGSIDE EIGHT MDAs in PEBEC RANKING
- July 2, 2024
- Posted by: Destiny Young
- Category: News
The Oil and Gas Free Zones Authority (OGFZA) has been ranked among the top-performing Ministries, Departments, and Agencies (MDAs) in the recently concluded 120-day Regulatory Reform Accelerator Plan (RRAP), facilitated by the Presidential Enabling Business Environment Council (PEBEC). OGFZA achieved a 100% score, alongside eight other MDAs that attained this score out of 53 MDAs
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THE OIL AND GAS FREE ZONES AUTHORITY HAS ATTRACTED OVER $20BN FDIs
- December 7, 2023
- Posted by: Destiny Young
- Category: News
Since his assumption, the Managing Director and Chief Executive of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada has been engaging with investors operating in the oil and free zones across the nation. On Monday, 4th December 2023, he embarked on a 3-day working visit to Onne/Ikpokiri Oil and Gas Free Zone
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Customs Oil & Gas FTZ Command Generates Over 22 Billion in 10 Months
- November 22, 2023
- Posted by: Destiny Young
- Category: News
The PH Oil and Gas FTZ Command of the Nigeria Customs Service announced a revenue collection exceeding 22 billion naira over the past 10 months. Customs Area Controller, Comptroller Abubakar Umar, shared this achievement on 21 November 2023 at the Nigeria Customs Service PH Oil and Gas FTZ Command, Marble House, Oil and Gas Free
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OGFZA’s new MD Rolls Out Seven Point Agenda
- October 19, 2023
- Posted by: Destiny Young
- Category: News
The New Managing Director of the Oil and Gas Free Zones Authority, OGFZA, Alhaji Bamanga Usman Jada has promised to establish the Zones in all States of the Federation in Nigeria. Alhaji Jada made the promise while assuming Office in Abuja. He said the move became necessary for achieving the renewed hope agenda of President
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AKSG partners OGFZA to fasTrack Free Zones Development in the State.
- August 9, 2023
- Posted by: Destiny Young
- Category: News
Governor Eno assured the delegation of the preparedness of the state administration to partner with OGFZA to work out modalities for the smooth take-off of the zone alongside Boards, Commissions and other state apparatus.
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OGFZA MD and Presidential Adviser visits the Governor of Akwa Ibom State
- August 9, 2023
- Posted by: Destiny Young
- Category: News
The Governor promised to provide the necessary support to the Federal Government to make the dream of a vibrant and industrialised Akwa Ibom a reality, leveraging on the infrastructural structures his predecessor had started.
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OGFZA targets $15.97bn investment by 2025
- August 6, 2023
- Posted by: Destiny Young
- Category: News
”OGFZA has generated billions of revenue for government from 2018 to 2021, this includes the customs duty N119 billions for goods exported from free zones to customs territory.
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OGFZA remits N138bn revenue to FG
- August 3, 2023
- Posted by: Destiny Young
- Category: News
The agency also said it had attracted a total investment commitment of $15.97bn from new and existing investors in five oil and gas free zones between 2021 and 2022.
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OGFZA Hands over Bestaf Maritime Industrial Oil and Gas Free Zone Regulations
- July 25, 2023
- Posted by: Destiny Young
- Category: News
OGFZA MD assured the Management of Bestaf of the Authority’s readiness to render all necessary support in whatever area or issues in relation to the operations of Bestaf in line with the “Regulations”.