The Oil and Gas Free Zones Authority (OGFZA) has emerged first in the Federal government’s Ease of Doing Business initiative.
The oil and gas free zones regulator bagged the award which was presented by the Presidential Enabling Business Environment Council (PEBEC).
This award came after a review by PEBEC which evaluated implementation of the Ease of Doing Business initiative by 44 ministries, departments and agencies of the Federal Government in 2018 and ranked OGFZA number one with a score of 94 per cent.
Managing Director of OGFZA, Umana Okon Umana, was presented with the award at a ceremony held at the banquet hall of the State House, Abuja.
The ceremony was attended by Vice President Yemi Osinbajo, who is the Chairman of PEBEC, and Minister of Industry, Trade and Investment, Dr Okechukwu Enelemah, who is the Vice Chairman of PEBEC.
The Ease of Doing Business initiative, which came as Executive Order 1 (EO1) was signed into law on 18 May 2017 by Vice President Yemi Osinbajo, who was then Acting President.
EO1 has six directives designed to eliminate limitations in the civil and public service systems. The directives target transparency, default approval (to fuel efficiency), One government (for efficiency), entry experience of visitors and travelers, port operations and registration of businesses.