In a strategic move to reinforce accountability, transparency and alignment with Nigeria’s development goals, the Minister of Marine and Blue Economy, Adegboyega Oyetola, on Thursday presided over the official signing of the 2025 Performance Bonds by the heads of agencies under the ministry.
The signing marked the conclusion of a two-day 2025 Sectoral Retreat held in Abuja under the theme: “Maximising Nigeria’s Maritime Potential: A Blueprint for Sustainable Blue Economy Growth.” The event highlighted the ministry’s commitment to positioning the marine and blue economy as a catalyst for national growth.
The 2025 Performance Bond is a results-focused framework that commits agency chief executives to delivering on specific, measurable goals over the course of the fiscal year. According to the minister, the bond is not a ceremonial document but a “living, dynamic tool” for measuring success, guiding actions and promoting transparency.
“This document reflects our shared ambition to elevate Nigeria’s marine and blue economy sector. It is designed to ensure we hold ourselves accountable to Nigerians and track our performance against our strategic vision,” Oyetola stated.
Agencies that signed the Performance Bonds include the Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Shippers’ Council (NSC), National Inland Waterways Authority (NIWA), Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Maritime Academy of Nigeria (MAN), Nigerian Institute for Oceanography and Marine Research (NIOMR) and several specialised institutions in fisheries and marine studies across the country.
Each agency’s commitments under the bond were drawn from its approved Annual Work Plan and jointly reviewed with the Central Results Delivery Coordinating Unit (CRDCU). These deliverables are aligned with the National Policy on Marine and Blue Economy and tailored to foster inter-agency collaboration and measurable impact within the sector.
The minister emphasised that the signed bonds represent a collective pledge to national service, sectoral transformation, and result-oriented leadership. He urged all agency leaders to treat the bond as a compass guiding their work throughout 2025.
“Success will not be judged by intentions but by the tangible results we deliver to the Nigerian people,” Oyetola said, reaffirming the ministry’s commitment to consistent monitoring and transparency in implementation.
