The Federal Government has reiterated its commitment to unlocking the vast potential of the nation’s marine and blue economy through a National Maritime Policy.
The policy, currently before the Federal Executive Council (FEC), is aimed at driving sustainable development and economic growth in the sector.
Minister of Marine and Blue Economy, Adegboyega Oyetola, who spoke at the third edition of the Maritime Transportation Breakfast Meeting in Lagos, said the policy, when approved, would offer a clear framework for investments in fisheries, aquaculture, renewable energy, tourism, and seabed mining.
The minister, represented at the event by Dr Mercy Ilori, Director of Maritime Services in the ministry, described the proposed policy as a critical instrument for enhancing environmental sustainability while providing a roadmap for Nigeria’s maritime sector to thrive.
“The national maritime policy before the Federal Executive Council will create a sustainable economic growth path for the sector,” Oyetola said.
“It is designed to drive growth in various components of the blue economy including fisheries, aquaculture, renewable energy, tourism, and seabed mining.”
With “Prospects for Accelerated Growth and Other Matters Arising,” as theme, the breakfast meeting was organised by the Nigerian Maritime Law Association (NMLA) as a platform to engage stakeholders on emerging opportunities and challenges in the sector.
Credit: thenationonlineng.net
