Oyetola Pledges Support For Indigenous Shipping

Minister of Marine and Blue Economy Adegboyega Oyetola has reaffirmed the national government’s unwavering committedness to strengthening Nigeria’s indigenous shipping industry, declaring that efforts to reposition section operators for planetary competitiveness volition not beryllium abandoned.

Oyetola gave the assurance connected Tuesday erstwhile helium received a delegation from the Nigeria Maritime Exhibition and Conference (NIMAREX) readying committee successful his bureau successful Abuja.

The delegation, led by Sola Adewunmi, president of the committee and president of the Nigerian Shipowners Association (NISA), besides included Funmi Folorunso, the committee’s secretary, and Tounbo Ogunwale, manager of authorities relations.

The squad visited the curate to question the ministry’s enactment for NIMAREX 2025, which is scheduled for Lagos from November 17th to 19th, 2025.

Oyetola commended the committee for reviving the once-dormant NIMAREX level and said the authorities views the lawsuit arsenic a important avenue for collaboration, concern promotion, and cognition speech wrong the maritime sector.

He assured that President Bola Ahmed Tinubu’s medication was taking decisive steps to make a conducive operating situation for indigenous shipowners, code longstanding structural challenges, and unlock the afloat imaginable of Nigeria’s maritime domain.

He said, “Our committedness to indigenous shipping is full and irreversible. The national authorities is moving astir the timepiece to instrumentality the close policies, backing mechanisms, and infrastructure that volition alteration Nigerian shipowners to vie favourably locally and internationally. There is nary going backmost connected this commitment.

“We are determined to spot Nigerian-owned vessels flying our nationalist emblem and operating sustainably wrong our coastal waters and beyond,” the Minister added.

“This volition make jobs, clasp worth wrong our economy, and physique a stronger maritime federation anchored connected section capacity.”

Adewunmi said NIMAREX was revived aft respective years of inactivity to complement the government’s renewed propulsion to pull overseas nonstop concern (FDI) into the maritime and bluish system sectors.

He explained that the upcoming variation would service arsenic a unifying level for nationalist and backstage stakeholders to sermon strategies for sustainable growth.