The Federal Government is ramping up efforts to unlock Nigeria's maritime and blue economy potential through strategic policies and investments.
Minister of Marine and Blue Economy, Adegboyega Oyetola, highlighted these initiatives during an interactive session with the Nigerian Guild of Editors (NGE) in Lagos.
He emphasized the government's commitment to leveraging Nigeria's vast marine resources, including an 853-kilometer coastline and over 300,000 square kilometers of Exclusive Economic Zone (EEZ).
Oyetola announced the modernization of Lagos' Western Ports, including Apapa and Tin-Can Island, with a 48-month timeline. Similar projects in the Eastern Ports aim to position Nigeria as a regional transshipment hub.
The upgrades will increase port depth to 16-17 meters, accommodating larger vessels and reducing revenue losses to neighboring countries. The initiative, overseen by the Nigerian Ports Authority (NPA), is expected to create over 20,000 jobs.
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To enhance trade, the government is expanding inland dry ports in Katsina, Kano, Kaduna, Abia, Plateau, and Borno. Additionally, the National Single Window (NSW) and Port Community System (PCS) will digitize trade processes, improving efficiency.
In fisheries, Nigeria's compliance with Turtle Excluder Devices (TEDs) has secured export access to the U.S. and EU. Plans are underway for modern fish harbors through Public-Private Partnerships.
On maritime security, Oyetola noted that Nigeria has maintained a zero piracy record in the Gulf of Guinea for three years, thanks to the Deep Blue Project and Falcon Eye Surveillance System.
Nigeria has ratified six international maritime conventions and is preparing a bid for a seat on the International Maritime Organization (IMO) Council in 2025.
Oyetola urged media collaboration to promote Nigeria's blue economy agenda, reinforcing the country's position as a key player in global maritime trade.