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Lagos crucial to boosting the ease of doing business, FDI-says OGFZA boss

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The Managing Director/Chief Executive Officer of the Oil and Gas Free Zones Authority (OGFZA), Mr Bamanga Usman Jada, has pointed out that cooperation with Lagos State is crucial to fulfilling OGFZA’s mission of enhancing the ease of doing business and drawing foreign direct investment into Nigeria’s industrial and energy corridors.

The OGFZA boss spoke as part of a federal government high-powered delegation to Lagos State Governor Babajide Sanwo-Olu at Lagos House in Ikeja recently.

The delegation led by the Honourable Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, was in the Centre of Excellence to further enhance cooperation between Lagos State and the Federal Government to improve trade, attract strategic investment, and promote inclusive economic growth across critical sectors—including oil and gas, manufacturing, and services.

Lagos State Governor, Babajide Sanwo-Olu (5th from left), Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole (4th from left, Managing Director/CEO, Oil and Gas Free Zones Authority, Bamanga Usman Jada (2nd from Left) Executive Secretary/CEO, Financial Reporting Council, Dr. Rabiu Olowo and other members of the Honourable Ministers entourage during a courtesy visit to the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu, at Lagos House, Ikeja.

The OGFZA MD/CEO, who reaffirmed the organisation’s dedication to promoting sustainable development through Nigeria’s oil and gas free zones, emphasised the importance of Lagos as a vital economic gateway for both domestic and foreign businesses.

Consequently, coordinating state and federal programmes that could help small enterprises expand industrial growth and seize new opportunities through infrastructure investment and cooperative policy frameworks were parts of the focus of the meeting.

The visit is expected to spark follow-up discussions that will strengthen public-private partnerships, improve regulatory alignment, and position Lagos as a strategic investment destination in the reinvigorated push for economic transformation.

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