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  • Universities urged to drive maritime research, blue economy

    Universities urged to drive maritime research, blue economy

    …as Veritas varsity graduates 56 first class students

    A prominent academic, Professor King-David Yawe, has urged the Federal Government to incorporate global citizenship, Marine Blue Economy, and Green Economy concepts into Nigeria’s educational curriculum. Yawe, a Professor of General Breast and Endocrine Surgery, emphasized the need for universities to foster research initiatives in the maritime and blue economy sectors to position Nigeria competitively on a global scale.

    Addressing the 5th Combined Convocation lecture of Bingham University in Karu, Nasarawa State, themed “Empowering Graduates as Global Citizens for a Sustainable Future,” Yawe proposed a comprehensive curriculum overhaul. He argued that integrating substantial elements of the blue and green economies could pave the way for graduates to contribute to industries, government, and international organizations, encouraging investment in sustainable initiatives.

    “It’s essential for graduates to engage in the Green Economy, which supports sustainability, low carbon emissions, resource efficiency, social inclusion, and biodiversity,” Yawe stated. He said it is unacceptable for university graduates to be job seekers instead of job creators, urging them to adopt a global mindset equipped with critical thinking and a commitment to social justice to address global challenges.

    The professor called for educational reforms that embrace innovative and collaborative methods to prepare students for a dynamic and interconnected world. By participating in these programs, students would acquire practical skills and experiences critical to their development as global citizens, capable of tackling real-world issues with resilience and insight.

    Encouraging graduates to take on leadership roles that drive positive change, Yawe underscored the value of empowerment through education, enabling graduates to make significant contributions to their communities while advocating for global citizenship values. He also appealed to policymakers and universities to support interdisciplinary approaches as part of a holistic education system that nurtures lifelong learning.

    Bingham University’s Vice-Chancellor, Professor Haruna Ayuba, echoed Yawe’s sentiments, urging students to view the lecture as an essential guide in their academic journey. He reminded them that acquiring a degree marks only the beginning of their path, encouraging them to draw inspiration from the insights shared by the distinguished speaker to navigate and thrive in an increasingly challenging world.

    Meanwhile, Veritas University, Abuja, celebrated the graduation of 795 students on Saturday, with numerous awards presented to distinguished achievers. Among the graduates, 56 students earned first-class honors, while 329 achieved second class upper degrees, 291 earned second class lower degrees, and 40 completed their programs with third class honors. Of the total graduates, 716 were undergraduates, and 79 completed postgraduate programs, including diplomas, master’s degrees, and PhDs.

    In addition to the academic degrees awarded, Veritas University conferred honorary doctorates on notable figures: Archbishop Emeritus of Ibadan Diocese, His Grace, Most Rev. Alaba Job; Archbishop Emeritus of Owerri Archdiocese, His Grace, Most Rev. Anthony Obinna; the Asagba of Asaba Kingdom, Prof. Epiphany Azinge (SAN); and Engr. Kola Adesina, the Executive Director and Group Managing Director of Sahara Power Group.

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    Vice-Chancellor Rev. Fr. Prof. Hyacinth Ichoku highlighted the university’s commitment to national development through its contributions to Nigeria’s human resource capital. He encouraged the graduates to aspire high, comparing their potential to the soaring strength of eagles. Reflecting on their time at Veritas, he urged them to carry forward the values and resilience instilled in them by the institution.

    “As you embark on the next chapter, remember your days at Veritas,” he said. “These memories will serve as a guiding light. While life’s challenges may not ease, you have endured the academic rigor of Veritas, and I am confident you can excel in the world beyond. We have not only equipped you with knowledge but have also built in you resilience and daring spirit. You are no longer the novices who arrived four or five years ago; you are now seasoned vanguards of knowledge, truth, and integrity.”

    Prof. Ichoku also noted the achievements of Veritas students in global arenas, excelling in national and international debate championships and innovation competitions. Looking to the future, he shared the university’s aspirations, including the construction of an Engineering and Innovation Centre, projected to cost over N2 billion. Additional plans include the establishment of a Nursing Faculty Building, Food Courts, and a Shopping Mall at the female hostel to enhance student facilities.

    Pro-Chancellor and Chairman of the Governing Council, Dr. Matthew Kukah, expressed his confidence in the graduates’ readiness to address Nigeria’s challenges. Kukah commended the students’ accomplishments, noting that their awards in both local and international arenas demonstrate Veritas University’s commitment to developing problem-solvers and innovators who will create impactful solutions for Nigeria.

  • $296b blue economy achievable, say experts

    $296b blue economy achievable, say experts

    Nigeria can actualise the estimated $296 billion potential with the integration of modern technology and implementation of relevant legislations in the maritime sector, experts have said.

    Experts advised the Federal Government to invest more in the maritime industry by training more seafarers, acquiring new technology and implementing  the relevant laws in sector such as the Cabotage Law.

    They spoke at the 2024 Maritime Academy of Nigeria (MAN), Oron lecture series with the theme: “Revamping the Maritime Industry in Nigeria for Global Competitiveness, Issues, Challenges and Prospects”.

    Director School of Maritime Transport Studies in the academy, Dr. Gabriel Eto harped on the need for the Federal Government to invest more in acquiring modern technology to upgrade the maritime sector to world class standard.

    Presenting his paper on the topic: ‘Technological Advancement in Nigeria’s Maritime Trade”, Dr. Eto urged the Federal Government to be more intentional to improving the nation’s Gross Domestic Product (GDP) from the maritime sector.

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    He said: “The volume of economic activities within the global Blue Economy is currently estimated at over $1.5 trillion annually and this is expected to double to $3 trillion yearly by 2030 in order to support over 3 to 4 billion people.

    “Thus, with the Blue Economy potential estimated at $296 billion in Nigeria, the country needs strategic integration of modern technology into her maritime industry to address issues bordering on shipping development, maritime environmental concerns, safety and security in order to optimize maritime trade.

    “The Federal Ministry of Marine and Blue Economy has posited that the Blue Economy in Nigeria has the capacity to  (1) generate up to ₦6 trillion in annual revenue, (2) create over 200,000 jobs annually in the short term, and  (3) has the potential to contribute up 16% to the nation’s GDP in the medium and long term.

    “The projections by the Federal Ministry of Marine and Blue Economy concerning the huge potential of the Blue Economy sector are good omen for the industry”.

    Dr Eto, however, urged the FG to implement a well-articulated policy, regulatory framework and blue print for driving the Blue Economy.

    Captain Koni Duniya also delivered a  lecture on the topic: “Addressing Human and Institutional Capacity Development in Nigeria’s Maritime Sector through Stakeholders Partnership”.

    Emmanuel Maiguwa spoke on “Smart Ports: Transforming Nigerian Ports with Technology-Embracing Innovation for Efficiency and Growth”.

    The resource persons had earlier praised the infrastructural accomplishments of the Academy under the Rector, Commodore Duja Emmanuel Effedua rtd.

  • ‘We are harnessing potential of blue economy to increase revenue’

    ‘We are harnessing potential of blue economy to increase revenue’

    Minister of Marine and Blue Economy, Adegboyega Oyetola has reiterated the Federal Government’s commitment to harnessing the potential of blue economy to ensure improved productivity, creation of jobs for teeming youths, increase revenue generation and Gross Domestic Product (GDP) in order to attain sustainable development and bring the economy out of the woods.

    The Minister spoke yesterday, while delivering his keynote address during the 2024 Dockworkers Day celebration in Lagos.

    The event was organised by the Shipping Correspondents of Nigeria (SCAN), in collaboration with the Maritime Workers Union of Nigeria (MWUN).

    The theme of the event was: ‘Dockworkers, Key to Unlock Nigeria’s Blue Economy.’

    The minister who was represented by the Director of Press and Public Relations in the ministry, Olujimi Oyetomi, said that the ‘Dockworkers Day’  was organised at a time the Federal Government has committed to maximally harness the potential in marine and blue economy which includes fishery, maritime trade and shipping, energy, tourism, coastal protection, aquaculture, mining, maritime safety, and surveillance, addressing environmental changes and use  ocean resources for economic growth, improved livelihoods, and create jobs for the teeming youths across the country.

    According to the Minister, “the Federal Ministry of Marine and Blue Economy, in line with the Renewed Hope Agenda of the present administration and its mandate will continue to pursue vigorously the development of the shipping, maritime and related sectors in order to ensure sustainable development

    This event, Oyetola said, “ is coming at a time the present administration has committed to maximally harnessing potentials in marine and blue economy sectors to ensure improved productivity, creation of jobs for our teeming youths, increase in revenue generation and Gross Domestic Product (GDP) in order to attain sustainable development in the country.

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    As you are all aware, Oyeyola said, “the maritime sector plays a pivotal and significant role in the socio economic development of the country..”

    He therefore, assured  Nigerians and investors that “the Ministry will ensure that the Agencies under its supervision implement necessary projects and programmes to help in achieving Ministry’s deliverables signed with Mr. President.”

    The Federal Government through the Ministry, he said, “ will continue to create enabling environment to encourage the participation of the Private Sector in order to address the infrastructural gaps in the maritime sector to enhance service delivery. This is necessary to be able to attain the goals, enhance opportunities and harness the immense benefits in the sector.

    “It is my hope that this event would set the agenda that would enable government to take appropriate policy decisions that will sustain our already great strides in the maritime industry.

    “I would also reiterate my sincere appreciation to the organisers of this event for creating a platform to enable stakeholders in the maritime sector deliberate and offer solutions to the challenges and enhancement of the sector. It is my hope and expectation that this meeting will proffer solutions and recommendations that will help in adding value to the maritime sector,” Oyetola said.

    The Chairman of the Seaport Terminal Operators Association of Nigeria (STOAN),

    Princess Vicky Haastrup also appealed to the Nigerian Maritime Administration and Safety Agency (NIMASA) to use the 0.5% stevedoring levy remitted by terminal operators for the training of dockworkers.

    Haastrup emphasised that the levy is specifically designated for dockworkers training, but expressed disappointment that NIMASA has not utilised the funds for this purpose, despite the significant resources available.

  • ‘Safe inland ferry services will lift Blue Economy’

    ‘Safe inland ferry services will lift Blue Economy’

    Secretary General of the Maritime Organisation of West and Central Africa(MOWCA) , Dr. Paul Adalikwu has described safe inland waterways ferry services as an additional avenue to grow the blue economy potential of countries in Africa.

    Speaking at the end of MOWCA recently held Regional Workshop on Safety of Inland Waterways and Passenger Ferries in Libreville, Republic of Congo, Adalikwu said Africa’s marine endowments are capable of supporting economic development by promoting seamless, safe and convenient transportation along coastal areas on the continent, if properly harnessed.

    The MOWCA SG called on governments to ensure adherence to safety standards in the operation of ferries as a first step measure to prevent deaths caused by accidents.

    Dr. Adalikwu who identified unserviceable crafts, overloading, non usage of life jacket, weather conditions and wrecks along navigable channels, called on African governments to invest in training and retraining of crew members,onshore and offshore staff on safety

    He opined that the vast wrecks in most waterways causing marine accidents could recycled for economic benefits after removal to ensure conservation of the marine ecosystem

    He added that it has become imperative for all tiers of government from the federal, state and down to local authorities to pay attention to marine safety as the severally reported cases of deaths were attributable to non adherence to safety measures including traveling at night where there are no lights to illuminate the waterways leaving high chances of fatal collision.

    He identified that marine related accidents and deaths have been recurrent while expressing optimism that safety standard could be attained as obtainable in the aviation sector

    The SG said “MOWCA accident statistics have shown a rising trend of reported marine accidents in the waterways and we believe these are preventable when we increase our education, sensitisation, procurement of safety materials and gadgets backed with necessary enforcement

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    “There are years where zero aviation accident is recorded in most counties in West and Central Africa but we cannot say the same thing about the marine sector, especially with regards to inland waterways

    “I hereby call on governments at all levels to pay close attention to safety even on smaller crafts powered by outboard engines. Ferry boat operators should not be allowed to risk their lives and the lives of the passengers they carry

    “Our inland waterways are critical for trade, social development and tourism within the various countries in Africa and trans border commercial activities under the African Continental Free Trade Area (AfCFTA) , it should therefore come under state spotlight for security and safety

    “The incessant loss of lives and property from ferry accidents in the sub-region and in particular the Esther Miracle ferry accident that occurred in Gabon in on 8th March 2023, and several other cases in other countries have necessitated the need for this workshop

    This event was part of the MOWCA-IMO Joint Action Plan (JAP) on cooperation and collaboration between the two maritime organisations” he said

    The workshop held from July 15 to July 18,2024, drew participants from nine countries and had resource persons from the International Maritime Organization (IMO) and the International Maritime Rescue Federation (IMRF)

    His Excellency Mr Raymond Ndong Sima, Prime Minister, Head of the Congolese Transition Government  declared the workshop open and had dignitaries in attendance including Navy Captain Loic Moudouma Ndinga, Minister of Transport, Merchant Marine and the Sea, Republic of Gabon; Marco Yamaguchi, Division Manager, Infrastructure & Urban Development, Transport & Logistics Division, African Development Bank (AfDB)

    The three-day workshop which was moderated by Capt. Sidney Direndi of the Merchant Marine and Chief Agu Chukwuemeka Cajetan, Maritime Consultant and a former Director at the Nigeria Shippers Council (NSC) comprised of topical presentations by the three lead speakers, Dr. Anish Hebbar of the World Maritime University Malmo, Sweden, Capt. Dallas Lareya, IMO Regional Coordinator for West and Central Sub Region of Africa and Capt. Mohammed Drissi, Africa Coordinator, International Maritime Rescue Federation (IMRF).

    The speakers underscored the critical significance of the workshop’s theme and stressed the collective duty of the maritime community to prioritize the safety of inland waterways and passenger ferries. They emphasized the need for a comprehensive assessment of legislative deficiencies in safety and security, along with proposing solutions to addressing them.

    They also shared country experiences and insights on ferry operations in the Central African Republic, Gabon, the Gambia and Nigeria. Other presentations at the workshop included marine insurance and inland waterways, best practices for passenger ferry safety, risk management strategies, and the implementation of international maritime safety standards. Overall, the presentations aimed to equip participants with practical knowledge and skills for improving safety on inland waterways and passenger ferries in the sub-region.

    A communique issued at the end of the workshop urged MOWCA, World Maritime University and the IMO to consider creating opportunities for capacity training programmes that should be rebated, partially or fully sponsored for stakeholders in the inland waterway sector;To ensure the enforcement of safety culture by public entities and operators and  encourage the use of the model of countries that have successfully secured funding by collaboratively engaging with funding institutions for support in enhancing inland waterways navigation

    Other resolutions were”To ensure compliance with the maintenance plan of the vessel with respect to the year of built;To encourage member states to adopt code of good practice for ship inspectors and put in place accreditation mechanism for Ship inspectors;

    To establish a digital system of collecting, managing and reporting the occurrence of incidents;To develop a contingency plan and operational procedures in the event of a maritime incident;To strengthen the mechanism to monitor navigable waterways and ensure the strictly enforcement of regulation applicable to ships on internal voyages;To raise awareness on the necessity to implement the CEMAC/RDC Regulation on inland waterways navigation; and

    To adopt the Libreville Action Plan for enhancing operational safety of domestic ferries.

    Participating countries were Central Africa Republic, Gabon,The Gambia, Nigeria,Democratic Republic of Congo, The Republic of Congo,Guinea,Sierra Leone and Togo.

  • ‘Blue Economy targets $1 trillion economy in four years’

    ‘Blue Economy targets $1 trillion economy in four years’

    The Executive Secretary, Chief Executive Officer,  Nigerian Shippers Council (NSC), Pius Akuta has declared that the Federal Government, through the Ministry of Maritime and Blue Economy, has begun to develop a policy framework that would raise the economy from less than half a billion dollar base to a trillion dollar in the next four years.

    Akuta, who made this known at a one day Seminar on “Understanding the Structure and Functions of Regulatory Agencies in the Port System” organised by the  NSC, in Port Harcourt, Rivers State, yesterday, noted that the Blue Economy Policy is the government’s hope to achieving the set target.

    In his keynote lecture delivered on his behalf by the Zonal Coordinator, NSC, South-south Zone, Jeremiah Okoliko said that the Ministry is currently developing a holistic new policy document for Blue Economy with issues of Port efficiency as its major focus. To achieve this target, he noted, hinderances to efficient port operations are being identified and speedily removed and this is the reason why regulatory agencies in the port system must be able to understand its regulatory functions and work towards achieving results.

    “There is no doubt that the initiative will relieve the unnecessary bottlenecks in release of cargoes and enhance seamless operations to the benefit of Port service providers and users,” Okoliko said.

    He further explained that the issue of freight differentials by cargo vessels and airlines coming to Lagos route, ports and Eastern route, Ports, identified lack of jobs and insecurity on Eastern waterways are the major cause, but assure that the Ministry of Blue Economy is not resting on its oars to addressing the menace to guarantee rounded efficiency in port business in the country.

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    “The issue of price differentials in terms of export has been lingering over time, The Federal Government has set up a committee on revitalisation of Eastern Port, and from the report of the committee, the issue has been reduced but not completely eliminated.

    ‘There are indicators discovered to be affecting total removal of the Challenge such as the fact that cargo Airlines and Vessels rendering freight services consider coming to Eastern Ports and Southsouth areas to deliver goods as oneway as the chances of getting jobs, goods from the back to Lagos is very slime, hence they charge double to cover the cost of to and fro.

    ‘Most exporters from the SouthEast and Southsouth prefer going to Lagos to look for other partners who they can join to export goods under a joint cargo in a single container for cheaper exportation cost

    “Most of the Exporters prefer to go to Lagos to see if they can stuff their cargoes into one container or consolidate it in a container because the price differential. That phenomenon has been there overtime, it is difficult to ease it from the exporters, for that reason, any airplane or vessel coming to this part of the country charges double to cover both ways,” he concluded.

  • National policy on marine, blue economy for launch in December

    National policy on marine, blue economy for launch in December

    The Federal Government is set to roll out the National Policy on Marine and Blue Economy in December this year, to strengthen the legislative and policy framework governing the maritime sector.

    Minister of Marine and Blue Economy, Adegboyega Oyetola, made this known yesterday, at the University of Lagos’ Employment Clinic conference, Tayo Aderinokun Hall, University of Lagos, Akoka.

    Speaking while delivering his keynote address on the immense potential of Nigeria’s blue economy and its role in youth empowerment, Oyetola, who is an alumnus of the institution, tasked the Nigerian youth to take advantage of the potential in the maritime sector.

    He said doing so will contribute immensely to the diversification initiatives of the Renewed Hope Agenda of President Bola Ahmed Tinubu-led administration.

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    The conference, tagged “Blue Industry Career Insights,”  was organised by the University in collaboration with Employment Clinic, under the Employment Transition Programme (EETP) of the University.

    The event brought together key stakeholders from the marine and blue economy sector to discuss career opportunities in the maritime sector for young Nigerians.

    Oyetola used the occasion to focus on the untapped potential of Nigeria’s blue economy and the vital role young people can play in its development.

    The Minister highlighted some of the career opportunities in the sector which include Maritime Law and Policy; Cybersecurity and Data Science; Marine Engineering or Naval Architecture; Ship Recycling and Ship Repairs; Cadet Training and Seafaring; Freight Forwarding; Ship-broking and Chartering; Ports and Related Services; Sub-sea Operations: Hydrography and Geophysics.

    Others are Marine biotechnology; Seabed Mining; Marine Environmental Management; Fisheries and Aquaculture; Seafood Processing; Marine Tourism and Recreation; Travel Agency and Consultation and Renewable Energy Projects Development among others.

    He told the students that the Federal Government was ready to provide scholarships for students pursuing maritime studies and urged them to explore these opportunities, pursue their passions, and contribute to the growth and development of Nigeria’s blue economy.

    Oyetola said: “As you are all aware, the certificates that you will receive from this university at the end of your programme are awarded to you on the basis of character and learning. In the order of importance, character comes before learning. It is character that opens the door to knowledge and keeps it open until you are done with your courses and a degree is awarded to you.

    “I, therefore, urge you as youths to shun vices that could hinder your growth. The world is replete with persons of talents but is looking for persons of character, who are in short supply. You are, therefore, enjoined to be good ambassadors of the university and Nigeria by displaying the highest level of character anywhere you find yourself.”

    He pointed out that the the blue economy is not just about the sea; it is about the myriad of opportunities that lie within it. “Our youth must be equipped with the skills and knowledge to harness these opportunities and drive Nigeria’s economic transformation,” he stated.

    Oyetola also outlined several government initiatives aimed at fostering job creation in the blue economy as specialised training and certification programmes, international exchange programmes with maritime institutes, partnerships with private sector companies for internships and practical experience, and scholarships for students pursuing maritime studies.

    The Minister told his audience: “Your future is bright, and the maritime industry awaits your talents and ambitions. Together, we can build a prosperous and sustainable future for Nigeria.”

    In his address, the Vice Chancellor of the University of Lagos, Prof. Folasade Ogunsola, described the event as a history-making one, designed to hone the career trajectory of the undergraduates.

    She thanked Oyeyola for honouring the university’s invite, saying “Our doors are wide open to industry partnership for career development services for our students. The maritime sector is the second largest contributor to the country’s Gross Domestic Product (GDP).

    “Therefore, as an institution, our goal is to align with the government’s mission of diversifying the economy. We are happy and honoured to have the minister speak to us here because it is a rarity you have a minister speak to you. I hope you will be back to share your memories with us, using our jetty by the time we are done with the construction.”

    Also speaking at the event, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, said the Agency was working at concluding the construction of the Institute of Maritime Studies, University of Lagos building which is almost at 70 per cent completion stage.

    “Institute of Maritime Studies was established by NIMASA in Universities across the six geo- political zones of the country. They provide specialized training and research in maritime studies, addressing the needs of the maritime industry in Nigeria and beyond.

    “They offer courses and programmes that cover various aspects of maritime operations, management, and technology with key areas of focus such as maritime law, shipping management, port operations, marine engineering, and logistics,” he said.

    The NIMASA DG assured that the Agency would continue to invest in capacity development and projects targeted at the youth.

  • Experts outline blueprint for sustainable blue economy

    Experts outline blueprint for sustainable blue economy

    As Nigeria continues to harness the potential of its maritime sector, experts have advocated for sustainable practices to ensure the long-term health and productivity of its blue economy. According to various experts who spoke at the sixth edition of the Taiwo Afolabi Annual Maritime (TAAM) Conference held at the University of Lagos, Nigeria needs to take seriously the issue of policies and stringent regulations that support environmental protection, economic efficiency and social responsibility. The Conference had as its theme: “A Blueprint for Sustainable Shipping: The Significance of the Nigerian Ministry of Marine and Blue Economy.”

    The Chairman, SIFAX Group, Dr Taiwo Afolabi, noted that the industry needs to be strategic and decisive about sustainability as well as exploiting the range of business opportunities that the blue economy presents.

    He said: “There are diverse opportunities in the industry beyond the traditional shipping and port operations. The newly-created Ministry of Marine and Blue Economy has to expand its scope to provide policies and regulations that will guide investors’ foray into areas like coastal tourism and renewable energies. This, however, must be done in a sustainable manner that will protect the ocean ecosystem and provide benefits for the coming generations.”

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    Renowned maritime lawyer and keynote speaker, Dr. Emeka Akabogu, represented by Victor Onyegbado, harped on the importance of achieving sustainable shipping as a nation, through ethical conduct, improved port operations and adequate legislation within the industry.

    According to him, it is imperative to achieve this system in order to build a maritime industry that is functional, providing resources that transcends generations.

    “Sustainable shipping is the backbone of a resilient and thriving global economy. We all know that shipping carries the bulk of world trade and it encompasses practices that ensure long-term health of our oceans while meeting the economic and logistical demands of global trade.

    “The significance of the Nigerian Ministry of Marine and Blue Economy is not only timely but also crucial as we navigate the evolving dynamics of the global, regional, and sub-regional maritime industry. This ministry is pivotal for innovative policy development and sustainable practices that will drive Nigeria’s maritime sector forward”, he stressed.

    Examining the state of the nation’s maritime ecosystem, Akabogu reiterated the need to draw up innovative approaches and diversified economic activities to drive growth and sustainability. He further explained that this was particularly important for the Ministry to consider as there are several other non-shipping stakeholders within the industry.

    On his part, the former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, emphasised the digitisation of the industry as well as the development of a national maritime strategy.

    He noted further that developing key performance indicators will have a positive impact on human capital development and service delivery.

    “We need to move away from where the sector is dependent on human beings and begin to be a bit more AI-compliant in our processes.  Two, the industry is also due for a national maritime policy that will provide the roadmap for its development. Right now, Nigeria does not have an approved national maritime policy, which says clearly what our policies are, and also something that also powers what we call a national maritime strategy”, he stated.

  • How Blue Economy ministry benefits Nigeria

    How Blue Economy ministry benefits Nigeria

    SIR: Some initiatives by President Bola Ahmed Tinubu upon his election and assumption of office in May 2023 did not only show the president was innovative, decisive and proactive, but also showed he came prepared and ready for the serious business of governance. One of the products of Tinubu’s innovative ingenuity is the creation of the novel Ministry of Marine and Blue Economy, which has been applauded by many national and international stakeholders.

    This new ministry, for a reason of its great economic potentials, is now a cynosure and centre of economic attraction to many countries of the world. The creation of the new ministry out of the pre-existing Ministry of Transportation seems to have broadened and widened our economic perspectives and horizons in relation to increasing Nigeria’s economic growth through sustainable use and maximization of its maritime vast resources, as against merely generating revenues from marine transport.

    Recently, the newly appointed Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, received in Lagos the Spanish Ambassador to Nigeria, Mr. Juan Ignacio Sell, on an inspection of two additional bulletproof security boats from Spain purposely built for NIMASA by Aresa, a Spanish company. Sell, as reported by the press, said: “We got the message with the creation of Maritime and Blue Economy Ministry by the Federal Government of Nigeria, and knowing there’re lots of things to harness from the sea, we also want to be partners in that process.” He added that the Spanish government has pledged to support Nigeria through NIMASA on maritime security. Earlier in November 2023, the Spanish Navy was also in the country for collaboration in personnel training and ship building in a bid to curbing maritime crimes.

    The viability, uniqueness and resource-potentials of the then-old-but-now-new agencies (at least, now being under a new ministry) like NIMASA, the Nigerian Port Authority (NPA), and the Nigerian Shippers Council (NSP) among others, which hitherto were under the Ministry of Transportation, are now being appreciated for their revenue generation potentials, economic contributions to the growth of the nation and socio-utility, especially as causative of the administrative experience and fiscal expertise of the Minister, Mr. Adegboyega Oyetola, who is now steadily turning an eyesore of the inherited agencies as evident in the dilapidated infrastructure of the nation’s ports and others, into a cynosure of economic attraction to some countries of the world.

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    President Tinubu’s commendable innovative initiatives would not only boost economic stamina of the Africa’s most populous country, ensure security in maritime sector, but also simultaneously increase and strengthen Nigeria’s bilateral ties with other countries. For instance, the President in March 2024 received the Special Envoy of the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Abuja, according to a release by the State House, during which he reaffirmed Nigeria’s commitment to enhancing maritime security and safety in the Gulf of Guinea.

    The Gulf of Guinea is central to maritime activities because it is a great inlet of the Atlantic Ocean on the western African coast, whose tributaries are the Volta and Niger rivers with offshore oil deposits and metal ore deposits as its natural resources (Britannica), and via which about 80 per cent of the trade with Nigeria goes.   

    Also in February, this year, the Nigerian Navy led by the Chief of Training and Operations, Rear Admiral Zakariyyah Muhammed, met with the U.S. Navy in Naples, Italy, hosted by the Commander, U.S. Naval Forces Europe-Africa, Admiral Stuart Munsch, with a view to improving regional cooperation, information-sharing practices, and maritime interdiction expertise aimed at countering sea-based illicit activities.

    More so, Nigerian and Indian navies, in October 2023, strengthened bilateral ties between the two countries to ensure maritime security in the Gulf of Guinea aimed at maintaining its sea lanes as a conduit of international trade. The visit led by Indian Defence attaché to Nigeria, Col. Romi Singh Legha, was said to have recorded positive results on collaborative trainings against piracy and other maritime criminalities in the region.

    The above narrative shows the rate at which President Tinubu’s ingenious brainchild-ministry is attracting partnership-attention, engendering Memoranda of Understanding (MoU) and promoting bilateral relations with other nations.

    • Dr. Jimoh Olorede oloredejimoh@gmail.com
  • Blue economy can generate over $13m yearly from fishery, others

    Blue economy can generate over $13m yearly from fishery, others

    The Ministry of Marine Resources and Blue Economy has an estimated capacity to generate $13.125 million yearly from fishery and other emerging sectors of the nation’s blue economy.

      The financial potential in the country’s blue economy, it was gathered, is worth N300 billion yearly.

    The Regional Director, World Aquaculture Society (WAS), African chapter, West African region, Lanre Badmus,  stated this, while delivering a paper on ‘Nigeria’s New Ministry of Blue Economy and Marine Resources: A panacea for economic growth’ at the World Aquaculture Society Global Conference tagged Aquaculture America 2024,’ in San Antonio Texas, United States.

    The theme of the conference was: ‘Setting the table for US aquaculture.’

    Badmus applauded the efforts of the administration led by President Bola Tinubu for creating the Ministry of Blue Economy and Marine Resources to exploit its maritime resources, stressing that with the  ministry, Nigeria could be on its way to unlocking new range of opportunities.

    According to him, the seven seaports in the country are avenues to boost the blue economy and make it the local economy’s mainstay as it can significantly boost the overall Gross Domestic Product (GDP) of the country.

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    Describing Nigeria as the largest fish consumer in Africa and the fourth largest importer of fish in the world, he noted that addressing these challenges and capitalising on its blue economy potential held immense potential for the country to bridge the gap in fish import and boost the national economy.

    Nigeria has a fish demand of about 3.6 million metric tonnes of which the country only meets 31.19 per cent and depends on importation to meet up the huge gap of about 68.80 per cent.

    “With a coastline of 853km and over 14 million hectares of inland waters, total fish production per year is close to one million metric tons (313.231 metric tons from aquaculture and 759,828 metric tonnes from fisheries), Nigeria can leverage its blue economy to achieve significant economic development, improve food security, create jobs, and adapt to a changing climate.

    “Fishing is a vital livelihood for the poor as well as an important protein source at the household level in Nigeria (ODI/DFID, 2000).

    “Under-explored potential suggest Nigeria utilises only 50 per cent of its sustainable fish potential, leaving significant room for growth,” he said.

  • Marine, blue economy key to actualising $1tr economy, says Fed Govt

    Marine, blue economy key to actualising $1tr economy, says Fed Govt

    The Federal Government has identified the Marine and Blue Economy Ministry as one of pivotal ministries critical to achieving a one trillion dollar economy by 2026.

    The Executive Secretary/Chief Executive Officer (CEO), Nigerian Shippers’ Council (NSC), Mr. Pius Akuta, said this on Thursday during a courtesy visit at the Tincan Island Container Terminal Ltd., Lagos.

    Akuta added that the Federal Government had concluded plans to come up with policy documents that would boost port efficiency.

    The News Agency of Nigeria (NAN) recalls that President Bola Tinubu in October 2023 set a target of growing the economy to $1 trillion by 2026 and increasing it to $3 trillion by the end of the decade in 2030.

    Akuta said that the President and his New Hope Agenda for the country was looking at moving from $500 billion economy to $1trillion economy by 2026.

    “We have a lot of issues to put together and Nigeria has taken bold steps by establishing the Marine and Blue Economy Ministry and that is geared towards restructuring the marine environment so that it contributes to the Gross Domestic Product of the country.

    “The minister has been working day and night meeting with stakeholders on issues relating to challenges the sector is facing and a policy will be rolled out to address these issues so as to ensure port efficiency.

    “To achieve port efficiency, there is need for stakeholders’ impute. On tariff, if we achieve port efficiency, the turnaround time is improved and it will trickle down,” he said.

    Akuta noted that going forward, things would change drastically, the checkpoint would be looked at holistically and steps would be taken in all directions to improve port efficiency.

    He described automation as the most important way to go in terms of port efficiency, stating that this would lead to less gridlock on the port corridors.

    Read Also: UK, U.S. partner Nigeria on marine, blue economy

    “My concern also is achieving the International Cargo Tracking Note that will help all stakeholders in cargo clearance and the country achieve port efficiency.

    “This is in the front burner of the presidency and we are going to work to achieve it in record time and probably before the end of the year,” he said.

    Earlier, the Managing Director/CEO, Tincan Island Container Terminal Ltd., Mr. Etienne Rocher, said the rehabilitation and modernisation of Lagos ports were critical to meeting the requirements that would attract shipping lines and make the country competitive in West and Central Africa.

    Rocher also blamed poor access roads as one of the obstacles hindering ease of doing business in the country.

    He noted that the number of containers handled by the terminal had reduced due to congestion.

    “Although rail and barge are alternatives for evacuation of cargoes from the seaports, they remain secondary to the roads, which remains the core avenue for cargo movement and take up about 97 per cent of the consignments,” he said.

    Rocher wondered how it took less than 24 hours to clear the port access roads of traffic during the presidential visit to the port and a whole decade to resolve the issue permanently.