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    Home»News»Tinubu Hails NEPZA MD, Ogunyemi’s Election Into Board Of World Free Zone Organisation
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    Tinubu Hails NEPZA MD, Ogunyemi’s Election Into Board Of World Free Zone Organisation

    HumsiBy HumsiOctober 10, 2024No Comments3 Mins Read
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    By Miriam Humbe

    Nigeria’s President, Bola Ahmed Tinubu has congratulated the Managing Director and Chief Executive Officer of the Nigerian Export Processing Zone Authority (NEPZA), Dr. Olufemi Ogunyemi as he gets elected into the board of the World Free Zone Organisation (WFZO).

    This was contained in a statement signed on Thursday 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 country’s economy for a brighter future.

    The President said: “The prestigious election marks a significant milestone for Nigeria on the global economic stage.”

    He said this achievement was a testament to the strides being made to boost Nigeria’s global competitiveness in trade and investment.

    The President said: “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.”

    President Tinubu hailed 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 was confident that Ogunyemi’s role on the WFZO board would open new doors for foreign direct investment (FDI) into Nigeria’s real sector, aligning with the objectives of the Renewed Hope Agenda.

    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.

    Bola Ahmed Tinubu Foreign Direct Investment NEPZA World Free Zone Organisation
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