. ..As Minister Calls for Policy Reforms to Explore untapped Potential.
Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola says there is need to address several operational and policy gaps to fully harness the nation’s marine and coastal resources to achieve sustainable blue economy.
He stated this in Yenagoa at the opening of the first Annual International Conference and Trade Exhibition on Marine and Blue Economy organized by the Institute of Maritime Studies, Niger Delta University, Amassoma.
The theme of the Conference is ‘Sustainable Blue Economy: Advancing Safety, Economic and Social Resilience in the Coastal ecosystem’.
The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola noted that globally, the Blue Economy is estimated at over $2.5 trillion annually, yet Africa contributes less than 5% with Nigeria’s share minimal due to insufficient strategies and sustainable frameworks.
The Minister who was represented the Director, Marine Conservation, Innovation and Technology in the Ministry, Alhaji Hussaini Shettima expressed the readiness of the Federal government to change the situation by aligning policies and operations with international best practices while promoting inclusive and sustainable development.
He said some of these challenges include tackling the infrastructure and technological deficits by upgrading ports, jetties and coastal facilities, improve maritime and security governance, address environmental degradation and fill the skills and human capacity gaps.
Bayelsa State Commissioner for Marine and Blue Economy, Dr. Faith Zibs-Godwin whose message was delivered by the Permanent Secretary, Mr. Olali Jonjon said the Conference comes at a defining moment as nations turn to Blue Economy for sustainable development, giving an assurance that the State government would accord priority to tapping the huge potential in the sector.
Vice Chancellor of the Niger Delta University, Amassoma, Professor Allen Agih in an address of welcome, emphasized the need to explore and tap the vast marine and ocean resources available to the country.
President of the Coalition of South-South Chambers of Commerce, Industry, Mines and Agriculture, COSSCCIMA, Mr. Indutimi Komonibo who chaired the occasion said the world and Africa were moving towards the Blue Economy and Nigeria could not afford to be left behind to deliver prosperity to citizens.
The event which had goodwill messages from NIMASA and the Nigerian Shippers Council also featured technical sessions, panel discussions. Drama and cultural display, free medical checks and unveiling of the Book ‘ Blue Hustle’ authored by Ambassador Fidelis Onu.
