Tinubu Congratulates NEPZA boss on Election to World Free Zone Organisation Board

Tinubu Congratulates NEPZA boss on Election to World Free Zone Organisation Board
October 10 18:14 2024 Print This Article

President Bola Tinubu has congratulated the Managing Director and Chief Executive Officer of the Nigerian Export Processing Zone Authority (NEPZA), Dr. Olufemi Ogunyemi, on his election to the Board of the World Free Zone Organisation (WFZO). This prestigious election marks a significant milestone for Nigeria on the global economic stage.

In a statement issued today by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu described Ogunyemi’s election as a proud moment for Nigeria and a recognition of the ongoing reforms aimed at repositioning the nation’s economy for a brighter future. The President highlighted that this achievement is a testament to the strides being made to boost Nigeria’s global competitiveness in trade and investment.

“Dr. Ogunyemi’s election to the board of this international body is a reflection of the successful reforms we are implementing to reshape the economy. These reforms will bring long-term growth and sustainable development, benefiting all Nigerians,” the President said.

President Tinubu praised Ogunyemi for his bold leadership in transforming NEPZA into a globally competitive institution and for expanding Nigeria’s export platforms by attracting more investment opportunities. The President expressed confidence that Ogunyemi’s role on the WFZO board will open new doors for foreign direct investment (FDI) into Nigeria’s real sector, aligning with the objectives of the **Renewed Hope Agenda**.

With the WFZO election, President Tinubu urged Dr. Ogunyemi to take advantage of this global platform to promote Nigeria’s economic potential and showcase the Renewed Hope Agenda internationally. The President called on him to leverage his new position to further integrate the Nigerian economy into the global economic ecosystem, which offers immense opportunities for growth and prosperity.

The World Free Zone Organisation is a globally recognized body that brings together stakeholders from across the world to promote free zones, special economic zones, and export processing zones as engines of economic growth and innovation. Ogunyemi’s election to its board places Nigeria in a pivotal position to influence global trade policies and practices, reinforcing the nation’s commitment to sustainable development.

President Tinubu reiterated his administration’s commitment to creating an enabling environment for economic growth, foreign investment, and global partnerships, ensuring that Nigeria continues to advance in the competitive global economy.

Dr. Ogunyemi’s election is not only a personal accomplishment but also a triumph for Nigeria’s economic diplomacy, as the country strengthens its position within the international trade and investment community.

The statement concluded with the President’s firm belief that this development would catalyze more global collaborations and investments, further solidifying Nigeria’s status as a critical player in the global free zone ecosystem.

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