Nigeria is making significant strides in transforming its marine and blue economy sector, with the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON, unveiling a strategic roadmap at a high-level stakeholders forum in Lagos.
The newly approved National Policy on Marine and Blue Economy, endorsed by the Federal Executive Council, targets economic growth across sectors such as port infrastructure, maritime security, aquaculture, renewable energy, and coastal tourism.
Minister Oyetola described the policy as a key part of President Bola Ahmed Tinubu's Renewed Hope Agenda, aimed at sustainable national development.
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Key initiatives include the reconstruction of Apapa and Tin Can Island Ports under the Western Port Rehabilitation Programme, complemented by digital systems like the Port Community System and E-Call-Up System to improve efficiency and attract investment.
The Ministry is also pursuing the revival of a national shipping carrier through public-private partnerships.
Safety improvements in inland water transport feature prominently, with over 42,000 life jackets distributed and new regulations introduced.
Fisheries and aquaculture infrastructure is being revitalized to boost food security and livelihoods.
Oyetola celebrated three years of zero piracy incidents and announced Nigeria's bid for a seat on the International Maritime Organization Council.
He stressed that innovation, investment, and collaboration will be crucial for a sustainable blue economy's success.
