MARITIME SECTOR: FG’s SUPPORT FOR LOCAL SHIPPING OPERATORS IRREVERSIBLE – OYETOLA
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the federal government’s commitment to supporting local shipping operators, stating that the decision is irreversible.
Oyetola made this declaration on Tuesday when he received a delegation from the Nigeria Maritime Exhibition and Conference (NIMAREX) planning committee in his office in Abuja.
The delegation, led by Sola Adewunmi, Chairman of the Committee and President of the Nigerian Shipowners Association (NISA), visited the Minister to seek the Ministry’s support for NIMAREX 2025.
Oyetola commended the committee for reviving the once-dormant NIMAREX platform and said the government views the event as a crucial avenue for collaboration, investment promotion, and knowledge exchange within the maritime sector.
He assured that the administration of President Bola Tinubu is taking decisive steps to create a conducive operating environment for indigenous shipowners, address longstanding structural challenges, and unlock the full potential of Nigeria’s maritime domain.
In his remark, Sola Adewunmi said NIMAREX was revived after several years of inactivity to complement the government’s renewed push to attract foreign direct investment (FDI) into the maritime and blue economy sectors.