National Economy
Friday, June 27, 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 `
7 months ago
in Lead-In
Reading Time: 2 mins read
Marine,Blueprint
Share on FacebookShare on TwitterShare on Telegram

You May Like

CPS: PenCom, OHCSF Plan Gratuity Scheme For Civil Servants

CAC To Review Service Fees From August 1

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

CPS: PenCom, OHCSF Plan Gratuity Scheme For Civil Servants
Lead-In

CPS: PenCom, OHCSF Plan Gratuity Scheme For Civil Servants

4 days ago
CAC To Review Service Fees From August 1
Lead-In

CAC To Review Service Fees From August 1

4 days ago
FG Launches National Plan To Curb CNG Price Fluctuations
Lead-In

FG Launches National Plan To Curb CNG Price Fluctuations

4 days ago
SEC Unveils Crypto Smart Campaign To Regulate Stablecoins
Lead-In

SEC Unveils Crypto Smart Campaign To Regulate Stablecoins

4 days ago
Manufacturers Worry As Nigeria’s Economy Now 57% Service-driven
Cover

Manufacturers Worry As Nigeria’s Economy Now 57% Service-driven

4 days ago
OPEC Output Hike To Stay Till July
Lead-In

OPEC Output Hike To Stay Till July

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

Nigeria’s Flag Team Set For Historic African Championship In Egypt

Nigeria’s Flag Team Set For Historic African Championship In Egypt

June 23, 2025
Akwa Ibom Govt  Dissolves Boards Of Akwa United,Others

Akwa Ibom Govt Dissolves Boards Of Akwa United,Others

June 23, 2025
Nwabali, Car Rental Company At Loggerheads After Father’s Funeral

Nwabali, Car Rental Company At Loggerheads After Father’s Funeral

June 23, 2025
Enugu Intensifies Plans For 23rd National Sports Festival

Enugu Intensifies Plans For 23rd National Sports Festival

June 23, 2025
Gaming, Gambling Addiction, A Growing Societal Burden Needing Urgent Attention

Gaming, Gambling Addiction, A Growing Societal Burden Needing Urgent Attention

June 23, 2025
Nigeria’s Aviation Future: Between Domestic Growth And National Pride

Nigeria’s Aviation Future: Between Domestic Growth And National Pride

June 23, 2025
Orijin Electrifies Ojude Oba With Vibrant Celebration Of Culture

Orijin Electrifies Ojude Oba With Vibrant Celebration Of Culture

June 23, 2025
Business Africa Elects NECA DG Into Executive Council

Business Africa Elects NECA DG Into Executive Council

June 23, 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