Oyetola restates FG’s commitment to repositioning blue economy

Minister of Marine and Blue Economy, Adegboyega Oyetola has restated the commitment of President Bola Ahmed Tinubu’s administration to reposition the nation’s maritime sector in line with its agenda for economic growth and development.

He disclosed that his ministry had already mapped out plans on how to revamp the maritime industry, noting that the plans cover areas such as security, marine environment management, climate action and human capital development.

The minister made the remarks Monday while addressing member states of the International Maritime Organisation (IMO) at the 33rd session of its General Assembly in London, according to statement released by his spokesperson, Ismail Omipidan.

This is even as the Secretary General of IMO, Kitack Lim, commended President Bola Ahmed Tinubu for creating the new ministry, saying that the approach was futuristic and strategic.

Oyetola said President Tinubu, in recognition of the importance of the maritime industry and Nigeria’s strategic position as a leading maritime nation in the region, established the Ministry for Marine and Blue Economy upon assuming office in May 2023.

He added that the new ministry had already made significant strides in the quest to put in place a more progressive and dynamic maritime sector nationally, regionally, and internationally.

The minister said: “We have already begun the process of developing a framework that will ensure short, medium and long-term outcomes to reposition the maritime sector to achieve the new administration’s agenda for economic growth and development.

“In the area of national security initiatives, Nigeria has continued to take concrete steps in emplacing the necessary legal and institutional framework to sustain the successes attained in ensuring maritime security within her maritime domain.”

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