– The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reaffirmed the federal government’s commitment to fully implementing Nigeria’s Marine and Blue Economy Policy, describing it as a critical step toward unlocking the nation’s vast maritime potential.
Speaking at a stakeholders’ forum in Abuja on Tuesday, Oyetola said the policy, which is currently being finalized, would serve as a strategic roadmap to drive sustainable development across Nigeria’s coastal and inland waterways, ports, fisheries, and marine transport sectors.
“We are resolute in our mission to reposition the marine and blue economy sector as a key pillar of Nigeria’s economic diversification plan. Once adopted, the policy will be vigorously implemented in line with global best practices,” the minister stated.
Oyetola emphasized that the ministry’s goal is to harness marine resources in a way that not only boosts trade and revenue but also safeguards the ecosystem. He added that the government would engage with private sector players, development partners, and local communities to ensure inclusive policy execution.
The policy, he noted, will address long-standing issues such as maritime insecurity, port inefficiencies, environmental degradation, and underinvestment in coastal infrastructure.
“We cannot afford to operate in silos. This policy will provide the framework for coherence, innovation, and international competitiveness,” Oyetola said.
Stakeholders at the event welcomed the minister’s assurances but called for transparency, legislative backing, and funding commitments to make the policy actionable.
Maritime experts believe that if well implemented, the Marine and Blue Economy Policy could contribute significantly to Nigeria’s GDP, create thousands of jobs, and enhance the country’s status as a regional maritime hub.
The final draft of the policy is expected to be submitted to the Federal Executive Council for approval in the coming months.
Leave a Reply