Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday, outlined his vision for a thriving blue economy sector that prioritises sustainability, innovation and economic growth.
Oyetola, who spoke at a maiden news conference held in the Ministry of Transportation, acknowledged the abundance of marine resources that existed within the coastal region and emphasised the need to fully harness them for economic gains.
He added that part of his vision was to ensure that inland rivers, lakes, and waterways were well utilised, both in terms of cargo shipment and passenger transportation.
“The global level Blue Economy is estimated at more than $1.5 trillion annually and I urge stakeholders to seize the opportunity and become a significant player in the industry,” he said.
Oyetola, also called for collaboration and teamwork among all stakeholders and agencies, adding that teamwork would help maximise the benefits of Nigeria’s vast coastal resources.
“I strongly believe in the power of collaboration and dedication to service. The collaborative effort of a group to achieve a common goal can only be efficient and effective through teamwork.
“This is why I crave your indulgence that we must work as a team to deliver on our mandate. Let us work together to find innovative solutions to the challenges we face, ensuring that our oceans and marine life are safe, reliable, and sustainable,” he said.
