By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: FG To Launch Road Map Agenda For Marine & Blue Economy Sector
Share
Sign In
Notification Show More
Latest News
Institutional Resilience Key to Africa’s Future – Cardoso
Business Economy News
NATCOM-UNESCO, security agencies advocate peace education
Civil Society Organisations News
Former NNPCL CFO Dismisses Reports of EFCC Detention on Fraud Charges
Business News Oil & Gas
Abia Assembly passes 37 bills in 2 years
Legal/Courts Metro News Politics
NANDRUM backs Senate’s bid to establish Nat. Inst. on Drug Abuse
Civil Society Organisations Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > FG To Launch Road Map Agenda For Marine & Blue Economy Sector
BusinessNews

FG To Launch Road Map Agenda For Marine & Blue Economy Sector

Publisher
By Publisher Published October 25, 2023
Share
4 Min Read
SHARE
The Federal Government has indicated that plans are in  motion to launch a road map for the Federal Ministry of Marine and Blue Economy acknowledging that charting a policy agenda for the sector is critical to transforming the sector into the best in class, regionally and internationally.
According to a statement signed by Olujimi Oyetomi, the Director, Press and Public Relations, the Minister of Marine and Blue Economy, Adegboyega Oyetola, stated this as a panel discussant at the 29th session of the Nigeria Economic Summit Group (NESG), with the main theme: “Pathways to Sustainable Economic Transformation and Inclusion” acknowledged the timeliness of the summit noting and as well assuring that outcome of innovative ideas, deliberations and proffered suggestions will be considered with focus on developing Nigeria into a hub of maritime trade and ancillary services in Africa.
“Tonight’s session is the latest in our consultation with industry stakeholders, the maritime and the Blue Economy sector. We understand the critical role the maritime sector plays in enabling business in an import dependant economy, such as ours, it is imperative that we move more quickly towards improving the navigability of our waters, engage the draught of our ports, achieve 24 hours cargo clearance,  and ensure adequate connectivity of our ports to hinterlands with efficient road and rail networks”, Oyetola pointed out.
“Challenges of the maritime sector are well known and documented, slow pace of legislative reforms and weak sector governance to infrastructure deficits, inefficient Port management, poor road network, multimodal facilities, the dominance of foreign shipping companies, non –  competitiveness of our ports compared to our West African neighbours, port inefficiency and congestion and other malpractises.”
Projecting the Ministry’s directive in the next four years, the Minister stated that it is imperative that the Ministry having identified these inhibitors, works towards improving the navigability of our waters, engage the draught of our ports, achieve 24 hours cargo clearance,  and ensure adequate connectivity of our ports to hinterlands with efficient road and rail network creation.We seek t Introduce new business models that can ultimately develop our capabilities and ensure the continual dredging of our inland waterways.
Speaking further, the Marine and Blue Economy Minister disclosed his resolve to get presidential endorsement of the use of scanners in port operations in the country. According to him, all over the world, seaports have gone digital, and digitalization is mainly used to drive efficiency and remove human contacts that are usually very slow and breed corruption.
“For Nigerian ports to take up it’s natural position as a maritime hub for countries in West and Central Africa, there must be an enforcement of strict digitalization of all Port operations in the country and an immediate rehabilitation of the Nigerian  ports to bring about an upgrade of ports facilities and improvement to make room for our ports to  become revolutionised and comparable with others in the adviced maritime nations”, Oyetola said.
In addition, he assured of plans to facilitate the evolution of private sector led maritime development zones for the core location of ancillary services,: such services, which he said are top on the government’s agenda.
“We are walking to streamline the number of government agencies operating at the ports, through the full implementation of the national single window initiative,” he added.

Like this:

Like Loading...

Related

You Might Also Like

Institutional Resilience Key to Africa’s Future – Cardoso

NATCOM-UNESCO, security agencies advocate peace education

Former NNPCL CFO Dismisses Reports of EFCC Detention on Fraud Charges

Abia Assembly passes 37 bills in 2 years

NANDRUM backs Senate’s bid to establish Nat. Inst. on Drug Abuse

TAGGED: Federal Government of Nigeria, Maritime and Blue Economy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher October 25, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Ease Of Doing Business: Again,  NCDMB, SON, Others Top Executive Order 1 Compliance As PEBEC Releases 2023 Half Year Report 
Next Article IOC Divestments: Convene Public Hearing On Host Communities Human Rights Concerns, ERA/FoEN Tasks NASS
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Institutional Resilience Key to Africa’s Future – Cardoso
Business Economy News June 26, 2025
NATCOM-UNESCO, security agencies advocate peace education
Civil Society Organisations News June 25, 2025
Former NNPCL CFO Dismisses Reports of EFCC Detention on Fraud Charges
Business News Oil & Gas June 25, 2025
Abia Assembly passes 37 bills in 2 years
Legal/Courts Metro News Politics June 25, 2025

You Might also Like

BusinessEconomyNews

Institutional Resilience Key to Africa’s Future – Cardoso

June 26, 2025
Civil Society OrganisationsNews

NATCOM-UNESCO, security agencies advocate peace education

June 25, 2025
BusinessNewsOil & Gas

Former NNPCL CFO Dismisses Reports of EFCC Detention on Fraud Charges

June 25, 2025
Legal/CourtsMetroNewsPolitics

Abia Assembly passes 37 bills in 2 years

June 25, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d