AD

FG to create a blue economy – Amaechi

The federal government has expressed its readiness to cooperate with sister countries and development bodies to advance Africa’s prosperity through the safe and sustainable use of the continent’s vast sea and ocean resources.

Minister of Transportation, Rotimi Amaechi, made this known in his speech at the first Sustainable Blue Economy Conference, which ended in Nairobi recently.

Amaechi, who conveyed Nigeria’s statement of commitment to the blue economy initiative, said its growth was the most viable option for Africa’s development in the wake of declining mineral and commodity prices.

He said the high level participation in the conference demonstrated the importance African countries attached to the Blue Economy and their resolve to use the resources of the seas and oceans to accelerate economic growth and reduce poverty to its barest minimum.

Minister, who was represented by the director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), and chairman of the Association of African Maritime Administrations (AAMA), Dr. Dakuku Peterside, stated, “As a country we are conscious of our responsibilities and international obligations which have given rise to our endorsement and domestication of key International Maritime Organisation (IMO) and other important African Union continental instruments.

“We are mindful and highly committed to our responsibilities to protect our marine environment to ensure that our continent does not become dumping ground for pollutants which can prevent exploration of ocean resources.”

Amaechi highlighted steps taken by the federal government to mainstream the blue economy concept into its Economic Recovery and Growth Plan (ERGP) to include formulation of a draft National Transport Policy, which is awaiting approval of the Federal Executive Council.

“The policy, according to him, will provide the platform to implement at the country level the framework for the protection and sustainable exploitation of Africa’s maritime domain. The government has also constituted a high-powered committee, coordinated by the Federal Ministry of Transportation, to formulate and map out a roadmap to align the Blue Economy regime with the country’s ERGP,” Amaechi said.

Other steps include the drafting of a dedicated anti-piracy bill, which is before the national assembly, to provide the requisite framework for the fight, prosecution and punishment of piracy and other related crimes in Nigeria and the Gulf of Guinea, and approval for the acquisition of intelligence gathering maritime domain awareness assets and military response assets to fight pirates and make Nigeria’s maritime domain safe for economic activities.

Amaechi said the federal government was investing heavily in the development of new infrastructure, such as deep sea ports and intermodal transport, to drive growth in the maritime sector. “All of these actions underscore the importance our government has placed on the Blue Economy Concept,” he said.

He assured that Nigeria was fully committed to Africa’s drive to harness the vast potentials of its maritime domain, saying the country “will continue to cooperate with sister countries and developmental bodies to advance the prosperity of the African continent.”

In his words, “We pledge our commitment to the overarching issues of addressing poverty, corruption, trade barriers, and all those issues that have hindered growth. More particularly, Nigeria as a country will prioritise the integration of Blue Economy into our circular economic restoration and growth plan; we will leave no stone unturned to create limitless opportunities for our people and lift them out of poverty. This is our resolve as the most viable option we have for sustainable development is commitment to the Blue Economy.”

Amaechi hoped that the conference would build on previous efforts by African Heads of Government to develop comprehensive and coherent strategies that address the Blue Economy, such as the African Integrated Maritime Strategy 2050 (AIMS 2050); African Maritime Transport Charter; 2016 African Charter on Maritime Safety, Security and Development (Lome Charter); and “Agenda 2063”, which Nigeria has signed on to.

The inaugural Sustainable Blue Economy Conference, which held from November 26 to 28 in the Kenyan capital, had over 15,000 participants from around the world. They gathered to discuss how to build a blue economy that harnesses the potentials of oceans, seas, lakes and rivers to improve the lives of people, particularly those in developing countries.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Nigerian Navy Storms Illegal Crude Oil Site in Rivers, Suspects Flee
Women’s Group Rallies Support for Bola Tinubu Ahead of 2027
Prioritise N’Delta Ports in Maritime Development – IYC To Tinubu
‎NCC Introduces Platform To Curb SIM-Related Fraud

Leave a Reply

Your email address will not be published. Required fields are marked *