The Federal Government is committed to revitalizing the maritime sector in alignment with President Bola Tinubu’s Renewed Hope Agenda, aiming to enhance the welfare of Nigerians.
During a recent facility tour of the Nigerian Maritime Administration and Safety Agency’s (NIMASA) Headquarters and various centres in Lagos, the Minister of Marine and Blue Economy, Adegboyega Oyetola, outlined his vision for the sector.
Oyetola emphasized the need for transformative measures in the maritime industry to position Nigeria as a major player. One of his key recommendations is the establishment of a national carrier through a Public Private Partnership (PPP) arrangement to facilitate freight transport within the country.
Notably, Nigeria stands as the only member of the Organization of the Petroleum Exporting Countries (OPEC) without a national shipping line flying its flag.
The Minister highlighted that creating a national carrier would help eliminate the burden of the 30% freight charge associated with chartering vessels. However, he clarified that his call for a national line should not be confused with advocating for the revival of the defunct Nigerian National Shipping Line (NNSL).
Furthermore, Oyetola expressed interest in NIMASA’s Modular Floating Dock, recognizing its potential to generate employment opportunities and curb capital flight. He urged the agency to engage stakeholders to support this initiative.
Addressing the potential of the Blue Economy, the Minister underscored that Nigeria, with one of the world’s largest wetlands, is well-suited for coastal tourism development. He also committed to exploring opportunities in fishing and other sectors to stimulate economic growth.
Bashir Jamoh, the Director General of NIMASA, expressed gratitude to President Bola Tinubu for establishing a dedicated Ministry for the Maritime sector. This move has long been advocated by stakeholders and Nigerians.
With the creation of the Marine and Blue Economy Ministry, Nigeria joins seven other countries worldwide with standalone Blue Economy Ministries. Jamoh assured that this development positions NIMASA to elevate Nigeria’s global maritime presence.
