FG to unveil National Policy on Marine and Blue Economy

The Federal Government is set to unveil the final validation process for National Policy on the Marine and Blue Economy to refine it priorities and solidify a framework for advancing the maritime sector over the next few years.

The Minister of Marine and Blue Economy, Adegboyega Oyetola at the final technical validation workshop on the development of the National Policy on Marine and Blue Economy in Abuja said this strategic initiative which will soon be unveiled reflects President Bola Ahmed Tinubu,  determination to unlock the vast potential of our marine resources

He said other benefits are to expand opportunities beyond land-based development, and establish this sector as a key driver of national prosperity in line with Africa’s Agenda 2063.

In his words “it is an important platform to capture diverse perspectives, and I trust that participants will engage, actively, in the discussions and contribute valuable insights to advancing Nigeria’s blue economy agenda.

“A key factor in driving maritime development is the establishment of a strong policy framework. Many African countries are intensifying their cooperation to enhance knowledge of the blue economy and adopt policies that will unlock its vast potential. Nigeria is no exception. 

“The Ministry has a clear vision for the sector, and our presence here today reaffirms the commitment of President Bola Ahmed Tinubu’s Renewed Hope Agenda to exploring the maritime future of our great country.

“Distinguished participants, as a crucial pillar of our future economy, Nigeria’s maritime domain holds immense potential. Addressing the relationship between the marine and blue economy sectors and economic growth through an inclusive maritime policy is at the heart of this technical validation session.