NEPZA boss joins WFZO board

The Managing Director and Chief Executive Officer of the Nigerian Export Processing Zones Authority, Dr Olufemi Ogunyemi, has been elected to the board of the World Free Zone Organisation in Dubia, the United Arab Emirate.

Ogunyemi was elected at the just concluded 2024 World Free Zone Congress, according to a statement issued by the Head of Corporate Communications, NEPZA, Martins Odeh.

He added that the development showed confidence in the country’s foremost free trade zone leadership.

Ogunyemi expressed delight in the overwhelming support from all the votes that led to his victory in the election conducted at the body’s 10th annual congress.

He stated that the feat was a product of the agency’s strong management foundation and the recent huge investment made to the scheme by President Bola Tinubu, adding that those efforts had been noticed by the free trade zone global community.

“Nigeria remains a strong nation with an excellent image and the capacity to lead on the global stage. This was the story of my victory.

“My victory came after I had canvassed for the support of all African colleagues and members from some European and Latin American countries,” the NEPZ boss said.

According to Ogunyemi, the World Free Zone Organisation remains the melting point for Foreign Direct investment opportunities.

“Therefore, Nigeria and other African countries shall seize this opportunity of my being on the board now to improve on strategies to attract more FDIs to the continent,” he asserted.

 The WFZO is the umbrella body of countries that own and manage the Free Trade Zone Scheme.

The body creates long-standing partnerships that are dedicated to create an environment of economic prosperity and trust.

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