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Independent News Express > Blog > Maritime > Nigeria Ready For Maritime, Blue Economy Policy Soon
Maritime

Nigeria Ready For Maritime, Blue Economy Policy Soon

Last updated: 2024/12/14 at 5:56 PM
5 months ago
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BY ADEKOLA BOLUWAJI NIFEMI

A National Policy on Marine and Blue Economy to guide the sustainable development of Nigeria’s maritime sector may soon come afloat.

The Federal Ministry of Marine and Blue Economy has already organized a workshop in Abuja, to secure stakeholder endorsement for the draft policy.

Minister for Marine and Blue Economy, Adegboyega Oyetola, emphasized during his address at the workshop that the draft policy aims to address long-standing issues in the sector, including environmental degradation and the pervasive problem of Illegal, Unreported, and Unregulated (IUU) fishing.

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According to the minister, the policy represents a transformative step towards fostering economic growth in key areas such as fisheries, aquaculture, renewable energy, tourism, and seabed mining, all while ensuring environmental preservation.

This Abuja workshop follows closely on the heels of a similar exercise held by the Bayelsa State Ministry of Marine and Blue Economy on November 11, 2024.

The event drew a diverse array of industry leaders, policymakers, and representatives from key organizations within the maritime sector.

Notable participants include Dr. Dayo Mobereola, Director General of the Nigerian Maritime Administration and Safety Agency; Mr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority; Barrister Akutah Pius, Executive Secretary of the Nigerian Shippers Council; and Mr. Bola Oyebamiji, Managing Director of the National Inland Waterways Authority. Their collective expertise is expected to shape a comprehensive and actionable policy framework.

Also in attendance are prominent figures from the private sector, such as Ms. Funmi Folorunsho, President of the African Shipowners Association; Engr. Greg Ogbeifun, Managing Director of Starz Marine; and the President of the National Association of Stevedoring Companies.

The presence of these stakeholders highlights the collaborative nature of the exercise, as it brings together diverse voices to address pressing challenges and identify opportunities within the marine and blue economy.

The National Policy on Marine and Blue Economy is widely regarded as a critical tool for unlocking Nigeria’s maritime potential.

Beyond economic growth, the policy aims to promote environmental sustainability and ensure Nigeria’s competitiveness in global maritime trade.

By addressing core issues such as IUU fishing, pollution, and regulatory inefficiencies, the policy seeks to position the country as a hub for maritime innovation and sustainable development.

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TAGGED: National Policy on Marine and Blue Economy, nIGERIA bLUE eCONOMY
INadminNG December 14, 2024 December 14, 2024
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