FG finalises draft National Policy on Marine and Blue Economy

Adegboyega Oyetola.Twitter

The Federal Government has finalised the drafting and the validation process for the National Policy on the Marine and Blue Economy to advance the maritime sector.

The Minister of Marine and Blue Economy, Adegboyega Oyetola at the final technical validation workshop of the policy yesterday in Abuja disclosed that policy documents would be finalised and forwarded to the federal executive council for ratification.

He stated that the policy reflects President Bola Ahmed Tinubu, determination to unlock the vast potential of marine resources, expand opportunities beyond land-based development, and establish the sector as a key driver of national prosperity in line with Africa’s Agenda 2063.

He further said this session marks the conclusion of consultative engagements with key stakeholders and industry leaders, towards a well-rounded and inclusive policy framework.

The Minister said the workshop brings together a diverse group of professionals, including industry experts, academics, and researchers, to foster collaboration and share innovative solutions for enhancing marine governance.

In his words “It is an important platform to capture diverse perspectives, and I trust that participants will engage, actively, in the discussions and contribute valuable insights to advancing Nigeria’s blue economy agenda.

“A key factor in driving maritime development is the establishment of a strong policy framework. Many African countries are intensifying their cooperation to enhance knowledge of the blue economy and adopt policies that will unlock its vast potential. Nigeria is no exception.

“The Ministry has a clear vision for the sector, and our presence here today reaffirms the commitment of President Bola Ahmed Tinubu’s Renewed Hope Agenda to exploring the maritime future of our great country.

“Distinguished participants, as a crucial pillar of our future economy, Nigeria’s maritime domain holds immense potential.

Addressing the relationship between the marine and blue economy sectors and economic growth through an inclusive maritime policy is at the heart of this technical validation session.

“It urges us to pave the way for a flourishing sector that prioritizes sustainability, with a unified commitment to positioning Nigeria as a leader in the global blue economy.

The Director of Planning Research and Statistics, Ministry of Marine and Blue Economy Mrs. Ibrahim Kalthum Uwani said the Marine and Blue Economy represents a critical pillar for our National Development agenda, offering a pathway to economic diversification, environmental sustainability, and social inclusion.

She said it encompasses key sectors such as fisheries and aquaculture, tourism, blue energy, and maritime transport, which hold enormous potential to generate wealth, create jobs, and improve livelihoods.

According to her, to realise this potential requires deliberate, coordinated, and inclusive efforts, precisely the kind of collaboration this workshop aims to strengthen.

“Today’s Executive validation workshop is a testament to the dedication of all stakeholders from MDAs, the legislature, the private sector, academia, civil society, and local communities, in shaping a policy framework that is not only inclusive but also actionable and forward-looking.

“It is also an opportunity to ensure that the inputs gathered during the Lagos engagement are accurately reflected in the final policy document,” she said.

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