• About
  • Advertise
  • Contact
Thursday, May 14, 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

Dapo Abiodun And The Ogun East 2027 Equation : Why The Debate Is Tilting In One Direction By Lekan Adeniran

Dangote Group Partnering Niger State To Strengthening Strategic Economic Partnership

A Decade At JAMB : Oloyede Prepares To Leave Behind A Transformed Institution By Abdulkarim Abdulmalik

NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries

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

Ahead Of 2027 Polls, Ogun East APC Endorses Governor Dapo Abiodun For Senate
Opinion

Dapo Abiodun And The Ogun East 2027 Equation : Why The Debate Is Tilting In One Direction By Lekan Adeniran

May 13, 2026
Dangote Group Partnering Niger State To Strengthening Strategic Economic Partnership
Business

Dangote Group Partnering Niger State To Strengthening Strategic Economic Partnership

May 13, 2026
A Decade At JAMB : Oloyede Prepares To Leave Behind A Transformed Institution By Abdulkarim Abdulmalik
Education

A Decade At JAMB : Oloyede Prepares To Leave Behind A Transformed Institution By Abdulkarim Abdulmalik

May 13, 2026
NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries
National

NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries

May 12, 2026
Easter : Ododo Felicitates Kogi Christians, Urges Them To Emulate Virtues of Humility, Love, Forgiveness
National

Ododo Urges Corps Members To Uphold Discipline, Unity, Releases ₦18mln Transport Support

May 12, 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

Leaders Of Transport Unions Move Against Arbitrary Fare Hike In Ogun

Ogun State Government Counters Ondo’s Claim Over Eba Island, Warns Against Communal Crisis

1 year ago

Women empowerment, revival of economy, insecurity will get priority attention if I become President – Udom Emmanuel

4 years ago
Kogi ARISE News Correspondent, Fredrick Odimayo, Wins Outstanding Male Correspondent Award

Kogi ARISE News Correspondent, Fredrick Odimayo, Wins Outstanding Male Correspondent Award

5 months ago
Mrs Sanwo-Olu Hands Over Sick Bay To Dolphin Junior High School

Mrs Sanwo-Olu Hands Over Sick Bay To Dolphin Junior High School

3 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
  • 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 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

Former Minister Of Power, Mamman Saleh, Sentenced To 75-year Imprisonment Over N33.8billion Fraud

Dapo Abiodun And The Ogun East 2027 Equation : Why The Debate Is Tilting In One Direction By Lekan Adeniran

Dangote Group Partnering Niger State To Strengthening Strategic Economic Partnership

University Librarians Push Open Access Reforms, Demand Certified Professionals In Leadership Roles

A Decade At JAMB : Oloyede Prepares To Leave Behind A Transformed Institution By Abdulkarim Abdulmalik

NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries

Trending

Imposition Of Consensus Candidate Will Tear APC Apart In Taraba,  Kente Warns
Politics

Imposition Of Consensus Candidate Will Tear APC Apart In Taraba, Kente Warns

by Vital News
May 13, 2026
0

By Saidu Adamu Jalingo A frontline gubernatorial aspirant on the platform of the All Progressives Congress (APC)...

Abiodun Formally Presents Governorship Consensus Candidate,  Senator Adeola To Ogun West APC Stakeholders

Abiodun Formally Presents Governorship Consensus Candidate, Senator Adeola To Ogun West APC Stakeholders

May 13, 2026
EFCC Arrests Mustapha Abdullahi, D-G, Energy Commission, Over Alleged N500bln Money Laundering Offence

EFCC Arrests Mustapha Abdullahi, D-G, Energy Commission, Over Alleged N500bln Money Laundering Offence

May 13, 2026
Former Minister Of Power, Mamman Saleh, Sentenced To 75-year Imprisonment Over N33.8billion Fraud

Former Minister Of Power, Mamman Saleh, Sentenced To 75-year Imprisonment Over N33.8billion Fraud

May 13, 2026
Ahead Of 2027 Polls, Ogun East APC Endorses Governor Dapo Abiodun For Senate

Dapo Abiodun And The Ogun East 2027 Equation : Why The Debate Is Tilting In One Direction By Lekan Adeniran

May 13, 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

  • Imposition Of Consensus Candidate Will Tear APC Apart In Taraba, Kente Warns May 13, 2026
  • Abiodun Formally Presents Governorship Consensus Candidate, Senator Adeola To Ogun West APC Stakeholders May 13, 2026
  • EFCC Arrests Mustapha Abdullahi, D-G, Energy Commission, Over Alleged N500bln Money Laundering Offence May 13, 2026

Categories

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