Nigeria@65: Stakeholders hail government’s marine, blue economy policy

Maritime stakeholders have commended the Federal Government for approving and rolling out the Marine and Blue Economy Policy.

They shared their views on Wednesday in separate interviews with the News Agency of Nigeria (NAN) in commemoration of Nigeria’s 65th independence anniversary.

Highlighting the policy’s significance, they described the policy and the creation of the Ministry of Marine and Blue Economy as a turning point for the maritime sector.

The Marine and Blue Economy Policy was hailed as a landmark initiative expected to unlock Nigeria’s ocean resources for economic growth.

Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr Kingsley Igwe, praised the government’s foresight in creating the new ministry.

He noted that President Bola Tinubu recognised the value of the sector and acted swiftly to give it direction.

“Before now, there was no clear roadmap for the maritime industry. Today, with this policy, we have direction, structure, and vision,” Igwe said.

He added that the minister’s action plan, presented during World Maritime Organisation Day on Sept. 25, showed how Nigeria would generate revenue from its ocean resources.

Igwe also applauded efforts to secure Nigeria a seat in Category C of the International Maritime Organization (IMO), calling it a step towards global maritime recognition.

He stressed that such recognition would elevate Nigeria as a leading African maritime nation and strengthen its voice in global shipping governance.

Beyond fishing, Igwe said Nigeria’s maritime sector now spans tourism and energy, which he described as a major leap forward in 65 years of independence.

Chairman of Global Transport Policy, Dr Olusegun Musa, urged that the policy be test-run for at least ten years to ensure adjustments and measurable results.

According to him, Nigeria had lost valuable time through inconsistent policies, abandoned investments, and lack of automation in port operations.

“In Nigeria, we once had shipping capacity but abandoned it. Now, we are trying to revive it,” Musa said.

He stressed the importance of port automation, international standards, and an enabling environment for investors, including disbursement of long-delayed funds such as the Cabotage Vessel Financing Fund (CVFF).

Amb. Florentina Ukonga, a maritime diplomat, congratulated Nigeria at 65 and stressed the country’s untapped maritime potential.

She said Nigeria’s youthful population, if properly guided, could harness maritime opportunities and position the nation as a dominant player in Africa’s blue economy.

Similarly, President of the Master Mariners Association of Nigeria (MMAN), Capt. Tajudeen Alao, said the policy would create opportunities for biodiversity beyond national jurisdiction.

He urged the government to support indigenous shipping lines to fly Nigeria’s flag and strengthen its presence in the Gulf of Guinea.

“There is hope that Nigeria’s Blue Economy will become a hub in Africa,” Alao said, noting the importance of securing the IMO Category C seat.

He added that Nigeria must prioritise exports and value addition rather than depending on imports, to boost industries and improve gross domestic product.

The MMAN president also stressed the importance of biodiversity treaties, which would enable Nigeria to create marine protected areas and harness resources beyond national jurisdiction.

Alao called on investors to acquire vessels that would provide Nigerian cadets with sea time and international exposure.

He recalled that earlier generations of Nigerian shipowners had made remarkable contributions, which he said could be replicated if the CVFF is transparently disbursed.

(NAN)