The Minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to drastically cut Nigeria’s dependence on fish imports by boosting local production through aquaculture development, improved artisanal fishing methods, and expanded fish farming clusters, while also unveiling initiatives to equip youth and women with the skills and resources to take leading roles in the marine economy.
Through a statement on Thursday by the ministry, he said, ‘We cannot continue to import what we have the capacity to produce locally.
‘We are aggressively boosting local fish production by supporting aquaculture development, improving artisanal fishing methods, and expanding fish farming clusters across the country.
He also pledged to expand youth and women’s participation in the sector, stressing that inclusive growth is vital for success.
‘We are designing initiatives that will give our young people and women the tools, skills, and access they need to play leading roles in the marine economy. This is not just about economic growth; it’s about social empowerment and equitable development’.
He said, Nigeria is ‘on the right path to unlocking the immense economic opportunities of its oceans, seas, rivers, and coastal resources’, following the recent approval of the National Policy on Marine and Blue Economy by the Federal Executive Council.
‘This policy is historic. It is the first of its kind, and it provides a comprehensive framework for sustainable exploitation, conservation, and governance of our marine and coastal assets. It will drive wealth creation, generate jobs, enhance food security, and position Nigeria as a leader in Africa’s emerging blue economy space. Our goal is not just to explore the waters, but to manage them responsibly, ensuring that the benefits extend to every Nigerian, now and for generations to come’.
Gladys Fajomu who led the World bank team commended Oyetola for his leadership and Nigeria’s bold steps in the marine and blue economy. She assured that the World Bank would continue to support Nigeria through technical assistance, capacity building, and financing options for strategic projects.
Her team which included Yolanda Monteo and Felicia Mogo also met with senior ministry officials to explore areas of collaboration in policy implementation, infrastructure development, and private sector engagement.
