The Minister of Marine and Blue Economy, Adegboyega Oyetola has declared that Nigeria’s National Policy on Marine and Blue Economy will play a pivotal role in developing the maritime sector.
Speaking at a stakeholders’ validation session in Lagos, Oyetola emphasised that the policy will foster sustainable growth in fisheries, aquaculture, renewable energy, tourism and seabed mining while ensuring environmental sustainability.
“The policy provides a comprehensive framework aligned with international best practices to safeguard marine resources for future generations,” the minister stated.
He highlighted notable progress in maritime governance, including Nigeria’s ratification of international protocols, which has contributed to three years without piracy incidents in its waters. However, he pointed out the urgency of addressing recurring boat mishaps, underscoring the policy’s focus on waterway safety.
The draft policy, comprising nine sections, outlines Nigeria’s marine economic assets and aspirations, including legal frameworks, maritime transport, trade, fisheries and marine technology. It also identifies cross-cutting issues and strategies for implementation.
Oyetola reaffirmed Nigeria’s commitment to becoming a regional and global leader in the marine economy, including its candidacy for category ‘C’ membership in the International Maritime Organisation (IMO).
The session also featured key industry stakeholders, including agency heads under the ministry, maritime executives, and representatives from trade and fisheries sectors.
Permanent secretary, Mr. Olufemi Oloruntola described the workshop as a collaborative step to refine the draft policy and ensure its alignment with Nigeria’s sustainable development goals.
The policy, once finalised, is expected to chart a new course for Nigeria’s marine and blue economy, addressing current challenges while leveraging opportunities for long-term growth.
