• About
  • Advertise
  • Contact
Friday, November 6, 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

Marwa Takes Advocacy To Edo, Governor Okoebolo, Oba Of Benin Declare Support For NDLEA, Fight Against Drug Abuse

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

Fresh Investor Rush To Ogun Over Deep Sea Port, OgunLNG – Gov. Abiodun

Nigeria Must Move Beyond 4% Growth To Tackle Poverty – Sanusi, Peterside, Adesina, Tijani, Other

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

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA
National

Marwa Takes Advocacy To Edo, Governor Okoebolo, Oba Of Benin Declare Support For NDLEA, Fight Against Drug Abuse

November 5, 2026
Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA
National

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

November 4, 2026
Fresh Investor Rush To Ogun Over Deep Sea Port, OgunLNG – Gov. Abiodun
Business

Fresh Investor Rush To Ogun Over Deep Sea Port, OgunLNG – Gov. Abiodun

November 3, 2026
Nigeria Must Move Beyond 4% Growth To Tackle Poverty – Sanusi, Peterside, Adesina, Tijani, Other
Business

Nigeria Must Move Beyond 4% Growth To Tackle Poverty – Sanusi, Peterside, Adesina, Tijani, Other

November 3, 2026
Ododo Unveils Ajaokuta Free Trade Zone, Airport Plans In Move To Position Kogi As Major Centre For International Trade
Business

Ododo Unveils Ajaokuta Free Trade Zone, Airport Plans In Move To Position Kogi As Major Centre For International Trade

November 2, 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

Lagos Outlines Activities To Celebrate 2023 International Youth Day

2023 International Youth Day : Ogun To Partner AGDC To Train Youths On Solar Panel Sale, Installation

3 years ago
Ondo Govt., Immigration Service To Plan Joint Action Against Irregular Migration, Human Trafficking

Ondo Govt., Immigration Service To Plan Joint Action Against Irregular Migration, Human Trafficking

3 years ago
NDLEA Intercepts Saudi, UK-bound Cocaine Consignments, Arrest Husband, Wife, Two Daughters For Running Drug Ring

NDLEA Intercepts Saudi, UK-bound Cocaine Consignments, Arrest Husband, Wife, Two Daughters For Running Drug Ring

1 year ago
Presidency Dismisses Bribery Allegation Against Gbajabiamila, Says Accuser Already In Court For Running Fake Agency

Presidency Dismisses Bribery Allegation Against Gbajabiamila, Says Accuser Already In Court For Running Fake Agency

4 months 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
  • Housing
  • ICT
  • 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 drug drugs Economy EFCC Election FG INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security Senate students Tinubu US Women
No Result
View All Result

Highlights

Marwa Takes Advocacy To Edo, Governor Okoebolo, Oba Of Benin Declare Support For NDLEA, Fight Against Drug Abuse

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

Governor Ododo Condoles Kogi NUJ Over Death Of Journalist Idris Ahmed

Offa Robbery : Appeal Court Rejects Request For Stay Of Proceeding Appeals In Matter Involving Saraki

ECOWAS Project Delivers Electricity To 500,000 People In The Gambia, Guinea-Bissau, Mali

UN Women Raises Alarm As Women Make Up Just 9.7% 2027 Election Candidates

Trending

Ogun Is Ready For State Police – Governor Abiodun
News

Ogun Is Ready For State Police – Governor Abiodun

by Vital News
November 5, 2026
0

Governor Dapo Abiodun of Ogun State, has declared his administration’s readiness to establish a state police force,...

Governor Ododo Rolls Out Empowerment Scheme For Petty Traders, Youths In Kogi East , Distributes Motorcycles, ₦50,000 Cash Support

Governor Ododo Rolls Out Empowerment Scheme For Petty Traders, Youths In Kogi East , Distributes Motorcycles, ₦50,000 Cash Support

November 5, 2026
Court Slams N1million Fine On ADC, Aregbesola For Seeking Judge’s Withdrawal From Suit

Turmoil In ADC As Court Sacks David Mark-led Exco, Invalidates All Nominations For 2027 Elections

November 5, 2026
Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

Marwa Takes Advocacy To Edo, Governor Okoebolo, Oba Of Benin Declare Support For NDLEA, Fight Against Drug Abuse

November 5, 2026
Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

November 4, 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

  • Ogun Is Ready For State Police – Governor Abiodun November 5, 2026
  • Governor Ododo Rolls Out Empowerment Scheme For Petty Traders, Youths In Kogi East , Distributes Motorcycles, ₦50,000 Cash Support November 5, 2026
  • Turmoil In ADC As Court Sacks David Mark-led Exco, Invalidates All Nominations For 2027 Elections November 5, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Housing
  • ICT
  • 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