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Maritime

Oyetola seeks govt, private sector synergy to advance blue economy policy

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has called for synergy between the Federal and state governments, private sector and development partners to accelerate the implementation of Nigeria’s National Policy on Marine and Blue Economy. He described sub-national participation as critical to unlocking the sector’s vast economic potential. Oyetola said this at […]

Conferences

Oyetola, others to attend SCAN 2026 for green ports dialogue in Lagos

The Minister of Marine and Blue Economy, Adegboyega Oyetola, immediate past President-General of the Maritime Workers Union of Nigeria, Adewale Adeyanju, and President of the Nigerian Chamber of Shipping, Aminu Umar, among others, will gather at the 2026 Shipping Correspondent Association of Nigeria Dockworkers’ Day to discuss sustainable practices and improved welfare standards for dockworkers […]

Maritime

Deliver results or face sanctions, Oyetola warns maritime agencies

The Federal Government through the Minister of Marine and Blue Economy, Adegboyega Oyetola, has issued a strong warning to heads of agencies under the ministry, demanding strict accountability and measurable results. Oyetola issued the warning during the signing of performance bonds with heads of maritime agencies at the Ministerial Management Retreat, held alongside the 2026 […]

Business

Nigeria secures £746m UK deal to modernise seaport infrastructure

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced a £746 million financing agreement with the United Kingdom to modernise Nigeria’s seaport infrastructure, a move set to transform key maritime gateways and enhance the global competitiveness of the nation’s port system. In a statement on Tuesday, the Special Adviser to the Minister, Bolaji […]

Finance

Oyetola defends ₦10.4bn marine budget, appeals for increased funding

The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday presented a N10.4 billion budget proposal for the Federal Ministry of Marine and Blue Economy for the 2026 fiscal year. Oyetola disclosed this while defending the ministry’s budget before a joint sitting of the Senate Committee on Marine Transport and the House of Representatives […]

Conferences

Nigeria’s ocean resources under threat, says Oyetola

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has highlighted pollution, overfishing, climate change, and neglect as significant threats to the sustainability of the ocean. Speaking at the 2025 World Maritime Day celebration in Lagos, themed “Our Ocean, Our Obligation, Our Opportunity,” Oyetola emphasized the need for maritime stakeholders to take action. He stated, […]

Maritime

Blue economy ministry seeks legislative priority, new funding

Nigeria’s Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned. At a stakeholder meeting in Lagos, Adegboyega Oyetola, the coordinating minister, said finance is the “lever that will attract long-term and progressive capital critical” […]

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