President Tinubu calls for prompt ratification of ocean biodiversity treaty and urges increased funding for Nigeria’s blue economy at UN Ocean Conference in France

The Ministry of Marine and Blue Economy, under the dynamic leadership of the Honourable Minister, Mr Isiaka Adegboyega Oyetola, has achieved an exceptional milestone by emerging as the overall best-performing ministry in the Ease of Doing Business ranking. This was announced yesterday at a town hall meeting, by the Special Adviser to the President on Presidential Enabling Business Environment Council (PEBEC) …

Governor of Bayelsa State, Douye Diri, yesterday swore in additional 15 commissioners bringing the number of members of his cabinet to 29. The governor also created two new ministries; Blue Economy and Special Duties (General Services) which is in charge of non-indigene affairs. Fourteen commissioners had been sworn in the first batch on 29 April. In a statement by the …

President Bola Tinubu has emphasized the importance of international cooperation on maritime security to unlock the vast potential of Africa’s blue economy. The President spoke at the 2024 International Maritime Conference in Lagos, held to commemorate the Nigerian Navy’s 68th anniversary, at the Naval Dockyard Limited, Victoria Island, Lagos. Represented by the Vice President, Kashim Shettima, the President, acknowledged the transnational …

Two key agencies with the Marine and Blue Economy ministry raised their revenue profile by 92 per cent, Minister Adegboyega Oyetola said yesterday. According to him, the earnings by the Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA) grew from N126,359,074,742 in the first quarter of last year to N242.811 billion in the first quarter of …

Marine and Blue Economy Minister Adegboyega Oyetola yesterday unveiled his ministry’s plan to generate $20 billion and create two million jobs annually. He said the goal would be achieved through strategic development within the maritime sector. The minister also spoke of a four-year plan to transform the Marine and Blue Economy sector into a significant contributor to the nation’s economy, …

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has said that the collaboration with the Nigerian Navy has played a key role in the achievements of his administration in terms of maritime security in Nigerian waters and the Gulf of Guinea. He also described the oil rich Tongeji Island between Nigeria and Benin …

Lagos State Governor, Mr. Babajide Sanwo-Olu has called on the executive and legislature to develop the blue economy in Nigeria by paying greater attention to the sector. During a courtesy visit by the members of the Senate Committee on Marine Transportation, led by its Chairman, Senator Wasiu Eshinlokun-Sanni at Lagos House, Marina on Tuesday evening, the governor said that all …

The British and the United States governments have expressed their readiness to partner the Federal Government to develop the newly created Marine and Blue Economy ministry. Both governments said the partnership would boost Nigeria’s growth. The representatives of the countries stated this yesterday in Abuja during their separate meetings with the Minister of Marine and Blue Economy, Adegboyega Oyetola. The …

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has said that the agency is set to reopen the Lokoja office, as part of efforts towards harnessing the blue economy, enhancing collaboration, while also promoting research and development. Playing host to the Executive Secretary of the Kaduna State Emergency Management Agency (KADSEMA), Mallam Usman …