National Economy
Friday, September 5, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Lead-In

Nigeria Intensifies IMO Seat Bid, Unveils National Marine Policy Blueprint

by `
9 months ago
in Lead-In
Reading Time: 2 mins read
Marine,Blueprint
Share on FacebookShare on TwitterShare on Telegram

You May Like

FG Inaugurates Advisory Committee On National Building Code

NDPC Gives Banks, Insurers 21 Days For Data Audit

The federal government, through the Ministry of Marine and Blue Economy, has reaffirmed its commitment to securing Nigeria’s election to Category C of the International Maritime Organisation (IMO).
Speaking at a stakeholders’ validation session in Lagos, Minister of Marine and Blue Economy, Adegboyega Oyetola, unveiled the nation’s first National Policy on Marine and Blue Economy. He described the IMO candidacy as part of Nigeria’s broader ambition to enhance its role in global maritime governance and drive domestic sector reforms.
Oyetola stated that the new policy would serve as a transformative framework for sustainable growth in key areas such as fisheries, aquaculture, renewable energy, tourism, and seabed mining. It also seeks to address pressing challenges like environmental degradation and Illegal, Unreported, and Unregulated (IUU) fishing, ensuring the sustainable use of marine resources. “The policy provides a robust framework aligned with international best practices to safeguard our marine assets for future generations,” he said.
He highlighted significant strides in maritime governance, including the ratification and domestication of international protocols that have led to a three-year piracy-free record in Nigerian waters. However, he acknowledged ongoing issues such as boat mishaps and other safety concerns, stressing the need for urgent and targeted solutions. “Our goal is to reposition Nigeria as a dominant player in the marine and blue economy, both regionally and globally,” he added. “Pursuing Nigeria’s candidacy for IMO’s Category C further demonstrates our resolve to amplify our voice in global maritime governance.”
The draft policy, comprising nine sections, outlines Nigeria’s marine and blue economy endowments and provides a roadmap for achieving its objectives. It covers five core areas: legal and institutional frameworks; maritime transport, trade, and shipping; fisheries and aquaculture; marine abiotic resources; and marine innovation and technology. The policy also addresses cross-cutting issues and offers a detailed implementation structure supported by stakeholder assessments.
Permanent secretary of the ministry, Mr. Olufemi Oloruntola, underscored the importance of the participatory process in shaping the policy. “This validation workshop allows stakeholders to refine and enrich the draft policy through an inclusive approach,” he said.
The session gathered key industry stakeholders, including heads of maritime agencies and private sector representatives. Among the notable attendees were the director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola; managing director of the Nigerian Ports Authority (NPA), Mr. Abubakar Dantsoho, and president of the African Shipowners Association (ASOA), Ms. Funmi Folorunsho.

 

Tags: Marine
ShareTweetShare
Previous Post

Cash Shortage Hits Bank Customers as CBN Issues Stern Warning

Next Post

FG Secures $500m Deal For Irrigation, Hydropower In 25 States

ANOTHER GOOD READ

FG Inaugurates Advisory Committee On National Building Code
Lead-In

FG Inaugurates Advisory Committee On National Building Code

4 days ago
NDPC Gives Banks, Insurers 21 Days For Data Audit
Lead-In

NDPC Gives Banks, Insurers 21 Days For Data Audit

4 days ago
US Plans 4-year Cap On Student Visas, 240 Days For Journalists
Lead-In

US Plans 4-year Cap On Student Visas, 240 Days For Journalists

4 days ago
GIZ, EU Back Small Claims Courts To Support Nigeria’s MSMEs
Lead-In

GIZ, EU Back Small Claims Courts To Support Nigeria’s MSMEs

4 days ago
17m Air Travellers , 174,000 Tonnes Of Cargo Face Disruption
Cover

17m Air Travellers , 174,000 Tonnes Of Cargo Face Disruption

4 days ago
FG Threatens Oil Licence Revocation As Output Hits 1.8m
Lead-In

FG Threatens Oil Licence Revocation As Output Hits 1.8m

2 weeks ago
Next Post
FG Secures $500m Deal For Irrigation, Hydropower In 25 States

FG Secures $500m Deal For Irrigation, Hydropower In 25 States

Most Recent

IFC Warns Africa Risks Missing AI Boom Without Action

IFC Warns Africa Risks Missing AI Boom Without Action

September 4, 2025

FCTA Revokes All Park Licenses In Abuja For Review

September 4, 2025
Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

FG Digitises Basic Health Care Fund To Curb Leakages

September 4, 2025
Imperative Of Peace For Nigeria’s Economic Growth

Nigeria, Big Tech In Talks On Hyperscale Data Centres

September 4, 2025
FCT, Lagos, Rivers Generate 70% Of Air Transport GDP

EFCC Seeks Tighter Airport Surveillance Over Illicit Financial Flows

September 4, 2025
Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL

Over 2.6m Nigerians Register For Voter Cards In 2 Weeks’

September 4, 2025

SEC Unveils New Website For Transparency, Investor Protection

September 2, 2025
Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

FG Targets 44m Nigerians On Health Insurance 2030

September 2, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy