Tag: Oyetola

  • Minister Oyetola: Marine, blue economy set to replace oil as Nigeria’s main revenue source

    Minister Oyetola: Marine, blue economy set to replace oil as Nigeria’s main revenue source

    …as IMO Chief commends maritime gains

    The federal government is intensifying efforts to reposition the marine and blue economy as Nigeria’s next major revenue driver, with Minister of Marine and Blue Economy Adegboyega Oyetola declaring the sector poised to overtake crude oil as the nation’s dominant income source.

    Speaking at the Institute of Maritime Studies (IMS), University of Lagos (UNILAG), on Friday, Oyetola described the maritime sector as a “goldmine” that could fuel sustainable economic growth, create millions of jobs, and transform Nigeria into a global maritime hub.

    His remarks came during the Lagos tour of Arsenio Domínguez, Secretary-General of the International Maritime Organization (IMO), who is on a three-day official visit to Nigeria.

    “Nigeria’s future lies beyond oil,” Oyetola said. “The marine and blue economy is a goldmine that can drive growth and prosperity, and we are determined to harness its full potential to become the primary driver of our economy.”

    The minister, an alumnus of UNILAG, also urged Nigerian youths to embrace opportunities in shipping, logistics, fisheries, shipbuilding, marine research, and offshore energy, stressing that the nation’s long-term prosperity depends on a new generation of skilled professionals.

     “There are abundant opportunities for our young people in shipping, logistics, fisheries, shipbuilding, marine research, and offshore energy. I encourage you to be bold, innovative, and diligent. The future of this sector, and indeed the future of Nigeria’s economy, rests on your shoulders,” he added.

    READ ALSO: I thought Boko Haram will end under Buhari, says Jonathan

    Oyetola commended UNILAG and the Nigerian Maritime Administration and Safety Agency (NIMASA) for their collaboration in manpower development, citing NIMASA’s recent donation of a new building to the Institute of Maritime Studies. He said the nation’s marine and blue economy agenda is anchored on sustainability, innovation, and inclusivity, with youth capacity-building central to the long-term vision.

    The IMO Secretary-General, who had earlier paid a courtesy call on President Bola Tinubu and met with heads of Nigeria’s maritime agencies, dedicated his second day in Lagos to inspecting critical facilities that underscore Nigeria’s maritime capabilities.

    At the Nigerian Navy dockyard in Apapa, Domínguez toured NNS Lana, a hydrographic research vessel commissioned in 2021. He was received by the Flag Officer Commanding Western Naval Command, Rear Admiral Gregory Oamen, and the vessel’s Commanding Officer, Captain O.S. Giwa.

    NNS Lana, a state-of-the-art vessel designed for oceanographic and charting surveys, provides essential data for navigation, maritime safety, and offshore oil and gas exploration. Domínguez praised the Navy’s investment in modern hydrographic capability, describing it as a boost to maritime security and trade facilitation.

    The IMO boss also visited NIMASA’s C4i Centre and the Regional Maritime Rescue Coordination Centre (RMRCC) in Apapa. The C4i Centre, a key component of Nigeria’s Deep Blue Project, integrates advanced command, control, communication, computer, and intelligence technologies to monitor the country’s waters and coordinate rapid responses. The RMRCC oversees search-and-rescue operations across Nigeria’s maritime domain and collaborates with international bodies to ensure safety at sea.

    Visibly impressed, Domínguez commended Nigeria for its leadership in securing the Gulf of Guinea and establishing frameworks that align with IMO’s mission.

    “Facilities like these reflect a level of preparedness and innovation that aligns with IMO’s global mission of safe, secure, and sustainable shipping. Nigeria’s leadership in securing the Gulf of Guinea and building robust safety frameworks is exemplary,” he said.

    At UNILAG’s Institute of Maritime Studies, Domínguez and Oyetola interacted directly with students, offering guidance and encouragement. Domínguez noted that Nigeria’s investments in manpower development, especially through NIMASA’s initiatives, would strengthen the country’s position in the global maritime community.

    Oyetola, on his part, underscored that manpower and youth engagement were critical to the country’s transition from an oil-dependent economy.

    “Our goal is to build a new generation of maritime professionals who will drive Nigeria’s transformation as a global maritime hub,” he said.

    The IMO chief’s three-day visit, which concludes on Saturday, is expected to deepen Nigeria’s collaboration with the international maritime community and spotlight the country’s strategic investments in security, research, and blue economy development.

    For Nigeria, the blue economy is no longer a peripheral ambition but a central pillar of national strategy, according to industry players. As Oyetola put it, the country is betting on the oceans to fuel its next phase of prosperity.

  • Osun 2026: APC will emerge victorious —Oyetola 

    Osun 2026: APC will emerge victorious —Oyetola 

    The Minister of Marine and Blue Economy, Adegboyega Oyetola, has expressed confidence that the All Progressives Congress (APC) will secure victory in the 2026 Osun State governorship election.

    Oyetola made the declaration on Monday during a special prayer held at his country home in Iragbiji, Boripe Local Government Area, to mark his 71st birthday.

    He noted that the APC in the state is growing stronger in unity and urged party members to continue fostering peace and cohesion ahead of the polls.

    “By God’s special grace, our party will emerge victorious in the forthcoming 2026 gubernatorial election. I thank God for the way things are going with our party and how we have been able to stand in unity,” he said.

    READ ALSO; Jonathan will contest 2027 presidency, says Jerry Gana

    “I want to encourage us to continue in that suit and ensure that peace and Unity reign in the part because that is how we can emerge victorious in 2026.”

    Speaking about the sermon of Chief Imam of Offa, Sheikh Muhyideen Salman, Oyetola encouraged the attendants to be a blessing to others rather than hoarding them. 

    He admonished the youths to be focused and dedicated to work, with fear of God, warning that “Don’t be involved in thugery, we didn’t get involved in drug abuse before attaining this height. So please stay away from drug abuse, because it only leads to mental health issues.”

  • How we plan to attain global maritime recognition, by Oyetola

    How we plan to attain global maritime recognition, by Oyetola

    The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated Nigeria’s bid to return to Category C of the International Maritime Organisation (IMO) Council, describing it as a vital step toward strengthening the nation’s influence in global maritime governance.

    Speaking in Lagos on Thursday at the 2025 World Maritime Day celebration, themed “Our Ocean, Our Obligation, Our Opportunity,” Oyetola said the move would reinforce Nigeria’s role in shaping maritime decisions worldwide while positioning the sector as a driver of economic diversification beyond oil and gas.

    He stressed that the country is making bold commitments to ocean stewardship, modernising port infrastructure, deepening international cooperation, and unlocking the vast opportunities of the blue economy to power sustainable growth.

    Underscoring the ocean’s critical role, Oyetola noted that it covers more than 70 per cent of the earth’s surface, generates up to 80 per cent of oxygen, and supports over 80 per cent of global trade.

    However, he cautioned that climate change, overfishing, pollution, and neglect continue to threaten its survival.

    Read Also: Ex-CJN Ariwoola tasks new lawyers on commitment to professional ethics

    “The message is clear: we must be stewards, not exploiters,” he said, pledging stronger action on sustainable fishing, marine pollution, biodiversity protection, and maritime safety and security.

    The minister described the blue economy as a “new frontier of innovation, prosperity and inclusive growth,” with opportunities spanning renewable energy, marine biotechnology, and sustainable aquaculture. He called for stronger collaboration with the international community, extending “a special invitation to members of the diplomatic community,” and commended agencies under his ministry for their contributions to President Bola Tinubu’s Renewed Hope Agenda.

    In his goodwill message, NIMASA Director-General, Dr Dayo Mobereola, reinforced the ocean’s importance to Nigeria’s economy and sovereignty.

    “For us, the ocean is the lifeblood of our nation, the gateway for over 80 per cent of our trade, and a reservoir of immense biodiversity and resources. Its health dictates our climate, its security defines our sovereignty, and its potential holds the key to our future,” he said.

    Mobereola highlighted Nigeria’s Marine Litter and Plastic Action Plan, alongside efforts to implement IMO frameworks for a healthy marine environment. He also pressed for fairness in the global transition to net-zero emissions.

    “We are strongly advocating for a just and equitable transition to net-zero Greenhouse Gas emissions for Sub-Saharan Africa, Small Island Developing States and Least Developed Countries to ensure fairness and social justice,” he stated.

    On security, the NIMASA boss pointed to the Deep Blue Project as “a game changer in addressing maritime security in Nigeria and the Gulf of Guinea.” He outlined investment opportunities in fisheries, aquaculture, renewable energy, shipbuilding, tourism, and port infrastructure, but warned that funding shortfalls remain.

    “According to the World Bank, Sustainable Development Goal 14 (Life Below Water) is one of the most poorly funded SDGs, with an annual financing gap of approximately $150 billion. Public funding will never be enough to close the gaps,” Mobereola said, urging private sector participation supported by incentives and de-risking mechanisms.

    The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, represented by the Executive Director, Marine and Operations, Engr. Olalekan Badmus, also reinforced the call for collective action to protect the ocean. He described the ocean as the backbone of global trade and a critical driver of economic development, noting that over 90 per cent of global trade—accounting for nearly half of the world’s economic output—depends on maritime transport.

    “This theme aptly captures the increased responsibility placed on each and everyone of us as stakeholders in the maritime industry to take frontline ownership of the ocean, on whose sustainability the very sustenance of humanity rests,” he said.

    While acknowledging studies showing that sea transport is the most environmentally friendly of all transport modes, Dantsoho stressed the need for deliberate efforts to make ports eco-friendlier.

    “Beyond fanfare, there is need for every stakeholder here to rise from this celebration with a stronger commitment to take actions that make the ocean cleaner,” he charged.

    “Indeed, making global port operations eco-friendlier and actualising the other noble objectives of the World Ports Sustainability Program rests heavily on our shoulders as maritime stakeholders. Although it is good to know that sea transport is the most environmentally friendly of all the transport forms, it is much more important to acknowledge that we owe posterity a duty to not only continually formulate and implement policies that protect the ocean, but to maintain as individuals and institutions a behavioural pattern that places the highest premium on protecting the ocean.”

    Quoting former U.S. President John F. Kennedy, he reminded participants of the enduring connection between humanity and the sea.

    He said: “We have salt in our blood, in our sweat, in our tears. We are tied to the ocean,” he said. “Indeed, as we make up our minds to clean up the ocean for sustainability, we are making up our minds to clean up ourselves.”

    Both Oyetola and other speakers stressed that safeguarding the ocean is a shared responsibility and called on government, industry and communities to treat the ocean as a national trust to be sustainably managed.

    “The ocean is our shared legacy. Our obligation is to safeguard it. Our opportunity is to transform it for the benefit of generations to come,” Oyetola urged.

    Mobereola echoed this sentiment, saying, “All of us seated here have different roles to play in safeguarding our ocean, and we must work together whether as government, industry or community. We are all partners in progress.”

    The 2025 World Maritime Day celebration in Lagos drew maritime stakeholders, diplomats, and industry leaders, underscoring the country’s ambition to strengthen its blue economy, enhance maritime security, and assert its leadership on the global maritime stage.

  • Maritime sector, top economic priority, says Oyetola

    Maritime sector, top economic priority, says Oyetola

    …Nigeria eyes IMO Council seat for global maritime leadership

    …NIMASA seeks $150b to bridge ocean funding gap

    Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced Nigeria’s intention to return to Category C of the International Maritime Organisation (IMO) Council, describing it as a vital step toward strengthening the nation’s influence in global maritime governance.

    Speaking in Lagos on Thursday at the 2025 World Maritime Day celebration, themed “Our Ocean, Our Obligation, Our Opportunity,” Oyetola said the move would reinforce Nigeria’s role in shaping maritime decisions worldwide while positioning the sector as a driver of economic diversification beyond oil and gas.

    He stressed that the country is making bold commitments to ocean stewardship, modernising port infrastructure, deepening international cooperation, and unlocking the vast opportunities of the blue economy to power sustainable growth.

    Underscoring the ocean’s critical role, Oyetola noted that it covers more than 70 per cent of the earth’s surface, generates up to 80 per cent of oxygen, and supports over 80 per cent of global trade. However, he cautioned that climate change, overfishing, pollution, and neglect continue to threaten its survival.

    “The message is clear: we must be stewards, not exploiters,” he said, pledging stronger action on sustainable fishing, marine pollution, biodiversity protection, and maritime safety and security.

    The minister described the blue economy as a “new frontier of innovation, prosperity and inclusive growth,” with opportunities spanning renewable energy, marine biotechnology, and sustainable aquaculture. He called for stronger collaboration with the international community, extending “a special invitation to members of the diplomatic community,” and commended agencies under his ministry for their contributions to President Bola Tinubu’s Renewed Hope Agenda.

    In his goodwill message, NIMASA Director-General, Dr Dayo Mobereola, reinforced the ocean’s importance to Nigeria’s economy and sovereignty. 

    “For us, the ocean is the lifeblood of our nation, the gateway for over 80 per cent of our trade, and a reservoir of immense biodiversity and resources. Its health dictates our climate, its security defines our sovereignty, and its potential holds the key to our future,” he said.

    Mobereola highlighted Nigeria’s Marine Litter and Plastic Action Plan, alongside efforts to implement IMO frameworks for a healthy marine environment. He also pressed for fairness in the global transition to net-zero emissions. 

    Read Also: Marine and blue economy policy to cut logistics costs, attract investment – Oyetola

    “We are strongly advocating for a just and equitable transition to net-zero Greenhouse Gas emissions for Sub-Saharan Africa, Small Island Developing States and Least Developed Countries to ensure fairness and social justice,” he stated.

    On security, the NIMASA boss pointed to the Deep Blue Project as “a game changer in addressing maritime security in Nigeria and the Gulf of Guinea.” He outlined investment opportunities in fisheries, aquaculture, renewable energy, shipbuilding, tourism, and port infrastructure, but warned that funding shortfalls remain. 

    “According to the World Bank, Sustainable Development Goal 14 (Life Below Water) is one of the most poorly funded SDGs, with an annual financing gap of approximately $150 billion. Public funding will never be enough to close the gaps,” Mobereola said, urging private sector participation supported by incentives and de-risking mechanisms.

    Both Oyetola and Mobereola closed with a call for collective responsibility in safeguarding ocean resources. As Oyetola put it: “Our obligation is to safeguard it. Our opportunity is to transform it for the benefit of generations to come.”

    The 2025 World Maritime Day celebration in Lagos drew maritime stakeholders, diplomats, and industry leaders, underscoring the country’s ambition to strengthen its blue economy, enhance maritime security, and assert its leadership on the global maritime stage.

  • Marine and blue economy policy to cut logistics costs, attract investment – Oyetola

    Marine and blue economy policy to cut logistics costs, attract investment – Oyetola

    The Federal Government has unveiled a National Marine and Blue Economy Policy to reposition the maritime sector as an engine of growth, reduce logistics costs and attract fresh investment into shipping and port infrastructure.

    Minister of Marine and Blue Economy, Adegboyega Oyetola, announced this at the 2025 Summit of the Transport Correspondents Association of Nigeria (TCAN) in Lagos with the theme “Driving the transport logistics value chain for economic growth.”

    He described the policy as a comprehensive framework to modernise port logistics, expand inland waterways transport and align Nigeria’s maritime practices with global standards.

    “The new Marine and Blue Economy Policy is a deliberate step to make our maritime sector globally competitive. It will guide government and private sector investment, cut the cost of doing business and support environmentally responsible growth,” Oyetola said.

    The Minister linked the policy to reforms already in motion, including the Lagos-Ibadan rail connection to Apapa Port, the revival of barge operations, the reconstruction of the Apapa-Oshodi Expressway and the commissioning of the Lekki Port Access Road.

    READ ALSO: Tinubu receives Ogoni dialogue report, orders immediate engagement for oil resumption

    According to him, Nigeria’s dependence on road haulage for port operations has overstretched infrastructure, driven up costs and slowed efficiency.

     “With this policy, we will unlock the full potential of our waterways, integrate them with rail and road, and ensure Nigeria becomes a hub for regional and international trade,” he added.

    Oyetola also highlighted government’s plan to reposition Nigeria as West and Central Africa’s preferred maritime hub by deepening intermodal reforms. He said effective rail connectivity with ports would ease cargo evacuation, cut demurrage, reduce pressure on highways, and encourage transshipment activities that could make the country more attractive to global shipping lines.

    Minister of Transport, Senator Said Alkali, reinforced the direction with assurances that rail development will serve as the backbone of the logistics chain. He said the Lagos-Kano standard gauge and the Port Harcourt-Maiduguri rehabilitation remain priorities, while the Kano-Maradi line will reach Katsina by December 2025 and be completed in March 2027. He also disclosed Federal Executive Council approval for the National Land Transport Policy and six new modern bus terminals across the country.

    Alkali added that the government is working to ensure that port-rail interconnectivity becomes the norm rather than the exception. “The days when cargo must depend solely on trucks are gone. Our goal is to make rail the spine of logistics, with roads and waterways serving as complementary arteries,” he said.

    TCAN chairman, Mr. Tola Adenubi, said journalists will continue to press for accountability to ensure the new policy does not end up as another document on the shelf. “We have had good policies before, but poor implementation has been the bane of the sector. This time, we want to see visible results that ease costs and create jobs,” he said.

    At the panel session, speakers called for intermodal synergy and greater support for private operators. Barge operators lamented lack of access to financing despite the Cabotage Vessel Financing Fund, truckers pressed for a national truckers’ policy and designated rest parks, while waterways stakeholders demanded safety infrastructure such as navigational lights and marine police checkpoints. 

    Lagos State Waterways Authority revealed that it has begun piloting electric-powered ferries with European Union support, which it described as a step toward green transport.

    Speakers agreed that the newly unveiled Marine and Blue Economy Policy, backed by rail expansion and private sector financing, could become a catalyst for wider economic efficiency. 

    However, they also stressed that true transformation would depend on harmonising policies across transport modes, closing infrastructure gaps, and ensuring that investments translate into jobs and lower costs for ordinary Nigerians.

  • Oyetola’s commendable mission to revive Baro Port

    Oyetola’s commendable mission to revive Baro Port

    • By Musa Goyi Ibrahim

    The renewed commitment of the present administration to the revival of the Baro River Port in Niger State is a welcome sign of pragmatism and vision in Nigeria’s infrastructure development.

    Through the Ministry of Marine and Blue Economy, under the leadership of Dr Adegboyega Oyetola, a deliberate and honest effort is being made to bring life back to a facility that has long symbolised both the promise and the failures of national planning.

    For once, there is a sense that the government is prepared to confront the hard truths of the past, while embracing a coordinated and purposeful approach to make Baro Port work for Nigerians. This effort deserves commendation, not only for the candour with which it has been pursued, but also for the potential it carries to reshape inland waterway transport and open up new frontiers for trade and development.

    The story of Baro is not one that began yesterday. Its origins stretch back more than a century to 1908, when it served as a vital hub for inland river trade under colonial administration.

    Read Also: FG may invite EFCC, ICPC over slow progress on Abuja–Lokoja road project

    Linked to the Baro–Kano railway, it functioned as an artery through which goods could move seamlessly from the hinterland to the River Niger and beyond, integrating road, rail, and water transport in a way that reflected the foresight of an era that recognised logistics as the foundation of commerce.

    It was this historical significance that made the decision to revive Baro Port in contemporary times both logical and attractive. Under the Inland Waterways Development Masterplan, the project was meant to relieve the pressure on Lagos seaports, facilitate multimodal transport, and create new opportunities for the North-Central region to participate more fully in the national and continental economy.

    When the previous administration commissioned the Baro Port in January 2019, the event was presented as a triumph. It was celebrated with national fanfare and touted as evidence of the government’s commitment to expanding the frontiers of infrastructure. Nigerians were told that a new era of inland waterway commerce had begun.

    Yet what has unfolded in the six years since has been a sobering reminder of how much damage political optics can do when they are allowed to substitute for serious planning.

    The port was built and equipped, but the vital supporting infrastructure was either absent or in shambles. The access roads were deplorable, with trucks unable to reach the facility without hours of delay. The once-functional Baro–Kano railway had collapsed, and no effort had been made to resuscitate it.

    The River Niger, on which the port depended, had not been dredged to the depth necessary for navigability, leaving it shallow and silted for most of the year. The commissioning had also taken place without the appointment of a concessionaire or private operator, meaning that even if goods could reach the port, there was no operational framework to process them. The result was a paradoxical situation: a shiny new port complex filled with equipment and storage areas, but unable to handle a single container. Instead of becoming a vibrant hub of trade, Baro became a silent monument to the futility of prioritising appearances over substance.

    This failure offers a broader lesson about the nature of development. National progress cannot be achieved through grand ceremonies or symbolic gestures. Development is the product of careful planning, integrated thinking, and pragmatic execution. To inaugurate a port without dredging its river channels, without repairing its roads, without restoring its rail links, and without putting in place a competent operator is akin to celebrating a harvest when the seeds were never planted.

    It is the story of the cart being put before the horse, of a nation willing to indulge in self-congratulation without doing the hard work required to build lasting institutions. It is against this backdrop of disappointment that the present administration’s approach deserves recognition.

    Dr Adegboyega Oyetola, speaking candidly before the House of Representatives Ad-Hoc Committee on Baro Port in August 2025, acknowledged openly that the facility had never been operated because of obvious infrastructural and navigational gaps. Such honesty is rare in the Nigerian political landscape, where officials often prefer to mask shortcomings with rhetoric.

    More importantly, he outlined a strategy for redemption. Plans are now underway to dredge the River Niger, not as a one-off event, but as a sustained exercise to guarantee year-round navigability. Oyetola also said that the Ministry of Works, under Engr. David Umahi, would be enlisted to rehabilitate the access roads, while the Ministry of Transportation, under Senator Sa’idu Ahmed Alkali, is being tasked with reviving the collapsed rail connection that is indispensable to intermodal transport.

    The National Inland Waterways Authority (NIWA), which owns the port, has also announced intentions to attract a credible concessionaire through a public–private partnership model, thereby bringing in operational expertise, efficiency, and much-needed private investment. The scale of what lies ahead is daunting.

    Experts estimate that dredging Nigeria’s inland waterways and maintaining them adequately could cost over a trillion naira, a figure that underscores the enormity of the task. Yet cost, while significant, should not blind us to the transformative potential of success. For this project to move forward, executive will must be matched with legislative commitment.

    The National Assembly, which holds the power of appropriation, must recognise that reviving Baro Port is not a regional luxury but a national necessity, and must therefore provide the funding required for dredging, road rehabilitation, and rail restoration. Encouragingly, there now appears to be a level of alignment between the executive and the legislature that was absent in the past, and this alignment could prove decisive.

    The implications of a functional Baro Port are profound. It would help decongest Apapa and Tin Can, drastically reduce the cost of moving goods across the country, and provide an alternative gateway for agricultural produce and solid minerals from the North-Central. It would stimulate local economies, create jobs, and enhance Nigeria’s competitiveness within the African Continental Free Trade Area (AfCFTA). Beyond economics, it would send a strong signal that Nigeria can, with the right leadership and coordination, reverse past missteps and turn dormant assets into engines of growth.

    The story of Baro Port illustrates that good ideas can be sabotaged by poor execution, but also that failure need not be permanent. Under President Bola Ahmed Tinubu, Baro has been given a second chance, and this time it is being treated with the seriousness it deserves.

    The candour of Minister Oyetola, the recognition of the roles of various ministries, and the inclusion of the National Assembly in the process all suggest that this is no longer a vanity project but a coordinated national endeavour. For the first time in many years, the emphasis appears to be on functionality rather than fanfare.

    As Minister Oyetola has said, to make Baro succeed, all stakeholders must sustain the momentum. Dredging must not be allowed to stall, roads and rail must be rehabilitated by the appropriate ministries, and a capable operator must be appointed by NIWA to ensure that the port runs as a viable commercial entity.

    The support of the Niger State Government, the oversight of the National Assembly, and the coordination of the Federal Ministries of Works, Transportation, and Marine and Blue Economy are all essential. This is not a task for one ministry alone but a collective responsibility.

    Baro Port has waited for more than a century to fulfil its destiny as a vibrant inland gateway. Under the administration of President Bola Tinubu, it now has a second chance to rise, not as a monument to failed promises but as a living symbol of what Nigeria can achieve when planning, pragmatism, and political will converge. The revival of Baro River Port will not only transform trade but also restore faith in the idea that Nigeria can learn from its past mistakes and chart a new course for its future.

    •Ibrahim writes from Suleja, Niger State

  • Oyetola promises action against illegal fishing

    Oyetola promises action against illegal fishing

    The Minister of Marine and Blue Economy, Adegboyega Oyetola, has expressed concern over the growing menace of Illegal, Unreported, and Unregulated (IUU) fishing, vowing that Nigeria will work with regional and international partners to curb the practice.

    The Minister disclosed this on Monday, when he received the Chairman and the Secretary-General of the Fisheries Committee for the West Central Gulf of Guinea (FCWC), who were on a working visit to his office in Abuja.

    Oyetola, in a statement by his Media Aide, Dr. Bolaji Akinola, described IUU fishing as a grave violation of both national and international laws, noting that such activities are either unreported to authorities or conducted in ways that undermine established conservation and management measures for fish stocks.

    He stressed that IUU fishing threatens marine ecosystems and biodiversity, jeopardises sustainable fisheries, and creates unfair competition for law-abiding fishers.”

    The Minister also signed the Monrovia Declaration on Ensuring the Implementation of Conservation and Management Measures (CMM), Increased Governance and Transparency in the FCWC Region, and the Protocol on Labour Standards for Crew and the Elimination of Forced Labour on Fishing Vessels in the FCWC Region.

    The Monrovia Declaration seeks to strengthen the implementation of agreed conservation and management measures, enhance governance structures, and promote transparency across the fisheries sector within the Gulf of Guinea. It aims to ensure that regional commitments translate into concrete actions for sustainable resource management.

    The Protocol on Labour Standards is designed to safeguard the welfare of crew members working on fishing vessels, outlaw exploitative practices, and eliminate forced labour at sea. It underscores a collective determination to uphold international labour standards, protect human rights, and improve working conditions in the fisheries sector.

    Read Also: Tinubu pledges speedy implementation of Nigeria–Colombia agreements

    Recalling the success of the 15th Session of the Conference of Ministers of FCWC Member States in Liberia in 2024, Minister Oyetola emphasised that Nigeria is honoured to host the 16th Session of the Conference later this year, in line with the decision taken at the Monrovia meeting.

    According to him, the forthcoming session offers an opportunity to consolidate regional efforts towards strengthening fisheries governance, enhancing collaboration among member states, and intensifying the fight against IUU fishing in the Gulf of Guinea.

    “We are fully committed to ensuring that the event is planned and delivered with diligence, excellence, and in a manner befitting both the stature of the FCWC and the expectations of our Member States”.

    Oyetola also emphasised the importance of Nigeria’s chairmanship of the Committee, noting that it must define a clear vision, articulate strategic priorities, and engage other Member States to secure their support.

    “Nigeria treasures the spirit of partnership and solidarity which the FCWC embodies, and remains steadfast in its commitment to collaborate with all Member States to strengthen regional fisheries governance, promote the sustainable utilisation of marine resources, and enhance the socio-economic well-being of our citizens,” he stated.

    The Chairman of FCWC, J. Cyrus Saygbe, Sr, commended Oyetola for his leadership in the Marine and Blue Economy sector.

    He lauded the Minister’s active participation at the 15th Session of the Conference of Ministers in 2024 in Liberia, stressing that such engagement has strengthened Nigeria’s role in regional fisheries governance.

    Saygbe assured that the FCWC would partner with Nigeria to combat IUU fishing in the sub-region, while also bolstering monitoring, surveillance, and training to ensure adherence to global best practices. He expressed delight that Nigeria will host the 16th Session of the Conference of Ministers, describing the country’s leadership as a major boost to the Committee’s visibility and operations.

    The Secretary-General of the FCWC, Dr Gaston Djihinto, emphasised that Nigeria’s chairmanship would strengthen the Committee’s work, particularly in fostering regional cooperation to protect marine resources and secure sustainable fisheries.

    The Fisheries Committee for the West Central Gulf of Guinea (FCWC) is a regional body established in 2007 to promote cooperation in fisheries management among its six Member States: Benin, Côte d’Ivoire, Ghana, Liberia, Nigeria, and Togo. Its mandate is to harmonise policies, enhance monitoring and surveillance, combat IUU fishing, and foster the sustainable use of fisheries and aquaculture resources to improve food security and livelihoods in the region.

  • Oyetola urges end to war risk insurance

    Oyetola urges end to war risk insurance

    Minister of Marine and Blue Economy, Adegboyega Oyetola, has demanded the immediate removal of war risk insurance premiums on Nigerian-bound vessels.

    He warned that the outdated surcharge has drained an estimated $1.5 billion from the economy in recent years despite zero piracy incidents in the country’s waters since 2021.

     “Nigeria has earned the right to be delisted from global maritime high-risk classifications. The narrative of piracy and armed robbery on our waters no longer reflects present realities,” he said.

    The minister highlighted sweeping reforms since the creation of the Marine and Blue Economy Ministry in 2023, including record revenue growth. According to him, agency-generated revenues more than doubled from N700.79 billion in 2023 to N1.39 trillion in 2024 — the highest in Nigeria’s maritime history.

    He spoke  at the 3rd Annual Maritime Lecture of the Maritime Reporters Association of Nigeria (MARAN) in Lagos, Oyetola, represented by his Special Adviser on Media and Communications, Dr. Bolaji Akinola, said the continued imposition of the premiums by global underwriters was “unjust, detrimental to competitiveness, and no longer reflective of Nigeria’s security realities.”

    He listed other achievements such as ending the decades-long Apapa gridlock, launching Africa’s first National Policy on Marine and Blue Economy, securing Federal Executive Council approval for the modernisation of Lagos and Tin Can Island Ports, and advancing plans for Eastern Ports upgrades. He also cited the unlocking of the long-stalled Cabotage Vessel Financing Fund to support indigenous shipowners, and the inauguration of a National Flag Carrier Technical Committee to restore Nigeria’s presence in global shipping.

    On food security, Oyetola said the government has boosted local fish production, supported aquaculture in riverine communities, and tightened inland waterways safety through new regulations, patrols, and stricter passenger vessel standards.

    Despite these strides, he lamented that international insurers, particularly Lloyd’s of London, have yet to revise their risk assessments. 

    “These charges, based on outdated perceptions, continue to penalise our shippers and consumers. Nigeria has made sustained investments in maritime security, particularly through the Deep Blue Project, which integrates air, land, and sea assets for surveillance and interdiction. The world has acknowledged our progress, but the premiums persist,” he said.

    Read Also: Fed Govt to replicate Lekki Deep Sea Port model nationwide, says Oyetola

     Oyetola recalled that the International Maritime Organisation and the International Maritime Bureau had commended Nigeria’s security achievements, with the country already delisted from the International Bargaining Forum’s high-risk zones. He assured stakeholders that the government, working with NIMASA, is engaging BIMCO, the International Chamber of Shipping, and Lloyd’s with empirical evidence to press for Nigeria’s removal from the list.

    He added that alongside diplomatic lobbying, the government would continue to strengthen security, deepen regional cooperation under the Yaoundé Architecture, and develop local maritime insurance to retain value within the economy.

    Declaring the MARAN lecture open, the minister urged participants to contribute practical recommendations that would enrich government policy.

    “In just two years, Nigeria has shown what is possible with vision, determination, and partnership. But much more lies ahead.

    “The government is committed to securing our waters, modernising its ports, empowering local operators, expanding fisheries, and ensuring that the blue economy becomes a pillar of growth, jobs, and sustainability for generations to come,” he assured.

  • Oyetola hails election of NPA boss as vice president of IAPH

    Oyetola hails election of NPA boss as vice president of IAPH

    The Minister of Marine and Blue Economy, Adegboyega Oyetola, has congratulated the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on his election as Vice President of the International Association for Ports and Harbours (IAPH). 

    In a statement issued on Wednesday by his media aide, Dr Bolaji Akinola, Oyetola described the election as a testament to Dantsoho’s outstanding leadership and a global recognition of Nigeria’s growing influence in maritime affairs. 

    The Minister noted that the development is a direct reflection of the significant strides made under the Federal Government’s port modernisation programme.

    “This election is a recognition of the ongoing reforms to reposition Nigerian ports and the blue economy drive of the Federal Government,” Minister Oyetola stated. “It validates our commitment to creating a more efficient, secure, and competitive maritime environment, which is a key component of our national economic strategy”.

    The Minister highlighted that the government’s ongoing port modernisation initiative is a comprehensive programme designed to overhaul port infrastructure, embrace cutting-edge technology, and streamline operational processes. 

    He added that the goal is to elevate Nigerian ports to international standards and position the country as a leading maritime hub in Africa.

    Read Also: Tinubu to replicate Lekki deep seaport across Nigeria, says Oyetola

    The International Association for Ports and Harbours (IAPH) is a global organisation that serves as a consultative body to the International Maritime Organisation (IMO) and other UN agencies.

    It unites over 300 ports and port-related businesses from 90 countries, playing a crucial role in shaping international port policy, promoting sustainable development, and fostering collaboration on pressing industry challenges. 

    Oyetola emphasised that Dantsoho’s role within such an influential body will be instrumental in advancing Nigeria’s interests on the global stage. 

    He expressed confidence that Dantsoho’s wealth of experience will enable him to make impactful contributions to the IAPH and, in doing so, further elevate Nigeria’s voice in global maritime policy debates and foster deeper international collaboration. 

  • Fed Govt to replicate Lekki Deep Sea Port model nationwide, says Oyetola

    Fed Govt to replicate Lekki Deep Sea Port model nationwide, says Oyetola

    The federal government has unveiled plans to replicate the success of the $1.5 billion Lekki Deep Seaport across the country, describing it as a model for transformative growth in the maritime industry.

    Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this on Tuesday in Lagos at the Nigerian Chamber of Shipping Breakfast Meeting themed “Unlocking Opportunities: The Lekki Deep Seaport Playbook for Trade and Shipping in Nigeria.”

    He said President Bola Tinubu’s administration is committed to building a modern, safe, efficient and globally competitive maritime sector, with the Lekki project serving as a template.

    “The maritime industry stands at the heart of our economic aspirations — not merely as a conduit for trade, but as a catalyst for industrial growth, job creation, and regional integration. Our vision is clear: to build a modern, safe, efficient, and globally competitive maritime sector that fully unlocks Nigeria’s economic potential,” Oyetola said.

    He explained that the Lekki Deep Seaport, with a capacity to handle 1.2 million twenty-foot equivalent units (TEUs) and accommodate some of the world’s largest vessels, has already created thousands of direct and indirect jobs. He added that improved road access has freed Lagos ports from decades-long congestion.

    “Cargo now moves out faster, investors move in with confidence, and trade flows without unnecessary delay,” the minister noted.

    Though currently operating at just 20 per cent of its installed capacity, Oyetola said the Lekki Port remains a “landmark achievement” and a “game-changer” for West Africa, offering vast untapped opportunities for investors.

    According to him, the “Lekki playbook” rests on five pillars: strategic location, robust public–private partnerships, integrated transport links, supportive policies, and technology-driven operations.

    Building on this model, Oyetola disclosed that the government is modernising the Apapa and Tin Can Island Ports and upgrading the Eastern Ports in Onne, Calabar, and Rivers State.

    He said, “Under the leadership of President Bola Ahmed Tinubu, GCFR, this administration is committed to taking the lessons of Lekki and applying them nationwide to transform our entire port system into a network of modern, efficient, and competitive gateways.

    Read Also: Oyetola: Nigeria eyes Africa’s top marine economy spot

    “To this end, we are modernising the Western Ports in Apapa, upgrading the Eastern Ports in Onne, Calabar, and Rivers to stimulate balanced regional growth, and finalising the Port Community System — integrated with the National Single Window — to create a paperless, transparent, and secure digital environment for all maritime stakeholders.”

    On indigenous participation, the minister announced that he has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence immediate disbursement of the Cabotage Vessel Financing Fund (CVFF) to qualified Nigerian shipowners.

    He stressed that building a strong national fleet and establishing a National Flag Carrier remain crucial to strengthening local capacity and asserting Nigeria’s presence on global trade lanes.

    Concluding, Oyetola described the Lekki Deep Seaport as “clear evidence of what can be achieved when policy, vision, investment, and execution align,” urging stakeholders to replicate and scale the model for Nigeria’s prosperity.

    The Breakfast Meeting attracted heads of government agencies, representatives of terminal operators, shipping companies and the organised private sector.