Maritime

Oyetola Unveils Plan to Modernize Nigeria’s Ports

Adegboyega Oyetola, Minister of Marine and Blue Economy

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to modernize Nigeria’s ports, enhance efficiency and attractiveness to investors, and position the country as a key player in the global maritime industry.

Oyetola revealed that the government is committed to upgrading port infrastructure and streamlining processes through Public-Private Partnerships, PPPs.

The Minister on his verified X handle said these were his talking points at the just concluded Business Day Maritime Conference, where he highlighted initiatives like the National Single Window and the Deep Blue Project, which aim to improve port operations and security.

He emphasized the importance of modernizing ports to boost economic growth, increase trade, and create jobs, while hinting that the upcoming national policy framework for the marine and blue economy, set to be launched by the end of 2024.

“We are committed to enhancing the ease of doing business, modernizing ports, and attracting private sector investments through Public-Private Partnerships, PPPs. Initiatives like the National Single Window and the Deep Blue Project are improving port operations and security.

“We are also promoting sustainable fisheries and combating climate change through the Green Maritime Africa Coalition, GMAC. A national policy framework for the marine and blue economy will be rolled out by the end of 2024,” Oyetola tweeted.

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