Nigeria's Minister of Marine and Blue Economy, Adegboyega Oyetola, has urged stronger partnerships and innovative funding to accelerate the country's blue economy agenda.
Speaking at the 3rd Stakeholders' Forum in Lagos, themed "From Policies to Impact: Financing Issues," Oyetola revealed that marine infrastructure investments boosted non-oil exports by 18.6% in the first half of 2025.
He described finance as "the catalyst that transforms policy into progress," calling on investors, development partners, and global financiers to back Nigeria's maritime vision.
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The minister highlighted key priorities, including sustaining Nigeria's three-year zero piracy record, modernising ports, expanding aquaculture, scaling up fisheries, and unlocking marine tourism.
He also advocated funding marine research, renewable energy, and coastal infrastructure through blue bonds and sustainability-linked loans.
Permanent Secretary Olufemi Oloruntola and Director of Planning Hajia Ralthum Ibrahim stressed the need for deliberate public investment and private sector collaboration to drive growth and ensure accountability.
Industry leaders, civil society, and academia at the forum commended the ministry's progress, affirming that Nigeria's new National Policy on Marine and Blue Economy offers a pathway to prosperity and sustainable development.
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