5 November 2024

FG To Reposition Maritime Sector For The Wellbeing Of Nigerians

–  RECOMMENDS FLOATING OF A NATIONAL SHIPPING CARRiER

By Henshaw Ogubike

The Federal Government has expressed determination to reposition the Maritime sector for the welfare and wellbeing of Nigerians in line with President Bola Tinibu’s Renewed Hope Agenda.

The Minister of Marine and Blue Economy, Adegboyega Oyetola stated this recently during a facility tour of the Nigerian Maritime Administration and Safety Agency’s Headquarters, her Skill Acquisition Center,
Search and Rescue Base Clinic, Maritime Resource Center and others in Lagos.

Speaking on his determination to change the narrative in the Maritime sector by putting in measures that will  make Nigeria a major player, Oyetola recommended the establishment of a national carrier through Public Private Partnership arrangement for freight transport in the country.

According to him, it is daunting to note that Nigeria bears the singularity of being the only Organisation of the Petroleum Exporting Countries ( OPEC) member with no national line that bears its country’s flag.

This he observed was unacceptable noting that  establishment of a national carrier will put paid to the 30% freight charge used to charter vessels.

The Minister was however quick to draw out that his call for a national line should not be misrepresented as a call for the re-establishment of the moribund Nigerian National Shipping Line (NNSL).

Speaking further, the Minister admittedly spoke on his interest in NIMASA’s Modular Floating Dock due to the fact that it has the capacity to generate jobs and stem capital flight. He however, called on the Agency to explore the buy-in of stakeholders.

Speaking on the potentials of the Blue Economy to the nation, the Minister stated that the economy of Barbados is purely dependent on tourism and Nigeria with one of the largest wetland in the world would be ideal for harnessing of coastal tourism.

Fishing and other elements with potential to grow the economy the Minister assured will be explored.

Speaking earlier, the Director General, Nigerian Maritime Administration and Safety Agency, Bashir Jamoh thanked President Bola Tinubu for creating a stand-alone Ministry for the Maritime sector, stating that this has always been clamoured by Stakeholders and Nigerians.

Jamoh said that with the creation of the Marine and Blue Economy, Nigeria now joins 7 other countries in the world that have stand-alone Blue Economy Minstry. He assured that with this development, NIMASA is better positioned to maintain and put Nigeria on the global sphere.

*Henshaw Ogubike mnipr
Director, Press & PR
FEDERAL MINISTRY OF  MARINE AND BLUE ECONOMY

PRESS RELEASE
6th September, 2023.

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