Nigeria’s Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, took Nigeria’s Blue Economy campaign to the Africa Forward Summit in Nairobi, Kenya, where he participated in a high-level panel discussion on “Blue Economy — Maritime Sovereignty & Sustainable Valorization.” The summit brought together African leaders, policymakers, investors and development partners to advance discussions on innovation, economic growth and strategic partnerships across the continent.
The Federal Government has continued to implement deliberate measures aimed at unlocking the vast potential of Nigeria’s marine and blue economy resources, including the creation of the Federal Ministry of Marine and Blue Economy in August 2023. Since its establishment, the Ministry has recorded notable milestones, including the development of Nigeria’s first National Policy on Marine and Blue Economy, designed to provide a strategic framework for sustainable sectoral growth.
Agencies under the Ministry have also achieved record revenue performance, generating N1.83 trillion in the 2025 fiscal year. In addition, the Federal Government has approved a comprehensive port modernization and upgrade programme expected to attract larger vessels, expand employment opportunities and reinforce Nigeria’s position as the leading maritime hub for West and Central Africa.