• About
  • Advertise
  • Contact
Friday, April 3, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Oyetola Resumes, Vows To Develop Marine Sector

…says blue economy worth over $1.5trillion annually

Vital News by Vital News
August 21, 2023
in Economy, National
0
Oyetola Resumes, Vows To Develop Marine Sector
Share on FacebookShare on Twitter

 

Abuja – The newly inaugurated Minister of Marine and Blue Economy, Adegboyega Oyetola on Monday resumed duty as a minister in Abuja on Monday.

The minister arrived at the ministry’s conference room in company with his wife, Kafayat Oyetola, his son; Femi Oyetola, and other members of his cabinet from Osun State where he was the immediate past governor.

Oyetola was received by the Permanent Secretary of the ministry, Dr Magdalene Ajani, Managing Director of NIWA, Dr George Moghalu, the Executive Secretary of Nigerian Shippers Council, Emmanuel Jime, and some Directors of the ministry.

He urged the ministry staff to work with him to find innovative solutions to the challenges in the sector and ensure that the oceans and marine are safe, reliable, and sustainable.

RelatedStories

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

FG Evacuates 1,230 Stranded Nigerians From Niger

Banditry : President Tinubu Heads To Jos Tomorrow, April 2, Postpones Ogun Visit

The new Minister said the blue economy is estimated globally to be worth more than $1.5 trillion annually, adding that considering the size of the country’s blue economy, Nigeria should be a significant player in the sector to contribute to the country’s revenue and also provide jobs for the unemployed.

He, however, promised to come up with practicable ways of ensuring that the inland rivers, lakes, and waterways are utilised for cargo shipment and passenger transportation.

He said ; “Our oceans cover more than two-thirds of our planet’s surface, holding the key to sustainable economic growth, environmental preservation, and technological innovation.

“As we look ahead, my vision is rooted in the responsible management and utilisation of our marine resources to benefit not only our economy but also the health of our planet.

“Experts say the Blue Economy is estimated to be worth more than $1.5 trillion per year globally.

“Therefore, given our size as a country and considering the size of our blue economy, we should be a significant player in this sector, to contribute immensely to the revenue generation of our country and also provide jobs for the unemployed.

“We must come up with practicable ways of ensuring that our inland rivers, lakes, and waterways are well utilised, both in terms of cargo shipment and passenger transportation.

“This can be done by embarking on a holistic dredging campaign for most of our strategically important inland waterways to make them navigable for the passage of goods and people.”

Oyetold, also said he would promote better inter-agency co-operation and co-ordination between the Nigerian Maritime Administration and Safety Agency, the Nigerian Ports Authority, and the Nigerian Inland Waterways Authority.

“As someone with a strong private sector background, we shall promote greater private sector inclusion while fostering greater efficiency through specialisation and the effective delineation of core duties between the units.

“We must seize this opportunity to create positive change, leaving a lasting legacy for generations to come.

“These are my thoughts as I join you today. I believe that when we are able to do all these and more, we would have contributed our quota towards realising Mr President’s renewed Hope Agenda in the Marine and Blue Economy sector,” he added. (Punch / vitalnewsngr.com)

 

Tags: BlueEconomyoyetolawater
Previous Post

I Will Disseminate Truth To Engender People’s Trust – Information Minister

Next Post

Tinubu Tasks New Ministers On Meeting Nigerians’ Expectations

Vital News

Vital News

RelatedStories

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators
National

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

April 2, 2026
Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators
National

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

April 2, 2026
65th Independence Anniversary : President Tinubu To Address Nigerians
National

FG Evacuates 1,230 Stranded Nigerians From Niger

April 1, 2026
President Tinubu Establishes Task Force On Petroleum Reform, Value Optimisation, Appoints Fola Adeola As Chairman
National

Banditry : President Tinubu Heads To Jos Tomorrow, April 2, Postpones Ogun Visit

April 1, 2026
Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa
National

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

March 31, 2026
Next Post
Tinubu Tasks New Ministers On Meeting Nigerians’ Expectations

Tinubu Tasks New Ministers On Meeting Nigerians’ Expectations

Lagdo Dam Water Release, Taraba Issues Flood Alert To 6 LGAs

Lagdo Dam Water Release, Taraba Issues Flood Alert To 6 LGAs

Centenary : Girl Guides To Train 300 Women In Vocational Skills

Centenary : Girl Guides To Train 300 Women In Vocational Skills

Leave a Reply Cancel reply

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

Follow Us

Recommended

Man kills, dismembers girlfriend’s body in Osun

4 years ago
Ododo Offsets WAEC Fees Of 18,734 Students In Public Secondary Schools

Kogi Orders Immediate Closure Of Zango Market Over Security Concern

1 year ago

Makinde Threatens Court Action As Sharia Panel Begins Sitting In Oyo

1 year ago

Gunmen burn 17 persons to death in Sokoto

4 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

Killings : Chief Of Army Staff Leads Heads Of Security Agencies On Assessment Tour Of Jos

Former President Jonathan Calls On NASS To Establish Constitutional Court, End Multi-Tier Election Litigation

INEC Suspends Recognition Of Mark, Aregbesola As Leaders Of ADC Until Court Case Ends

FG Evacuates 1,230 Stranded Nigerians From Niger

Trending

Chief Of Defence Staff Tasks Journalists On Truth, Unity As NUJ Calls For Renewed Professional Commitment
News

Chief Of Defence Staff Tasks Journalists On Truth, Unity As NUJ Calls For Renewed Professional Commitment

by Vital News
April 2, 2026
0

The Chief of Defence Staff, General Olufemi Oluyede, has urged journalists to uphold truth and professionalism as...

IPCR Condemns Jos Killings, Urges Restraint and Unity

IPCR Condemns Jos Killings, Urges Restraint and Unity

April 2, 2026

China, Pakistan Unveil Five-Point Initiative To Restore Peace In Gulf, Middle East

April 2, 2026
Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

April 2, 2026
Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

Jos Killings : President Tinubu Orders Deployment 5,000 AI Cameras, Manhunt For Perpetrators

April 2, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Chief Of Defence Staff Tasks Journalists On Truth, Unity As NUJ Calls For Renewed Professional Commitment April 2, 2026
  • IPCR Condemns Jos Killings, Urges Restraint and Unity April 2, 2026
  • China, Pakistan Unveil Five-Point Initiative To Restore Peace In Gulf, Middle East April 2, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In