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    Home » Oyetola Hails FEC On Newly Approved National Marine & Blue Economy Policy 
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    Oyetola Hails FEC On Newly Approved National Marine & Blue Economy Policy 

    Sponsored By: Obagah izuagie May 7, 2025No Comments2 Mins Read
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    The Minister of Marine and Blue Economy, Adegboyega Oyetola, Wednesday hailed the Federal Executive Council (FEC) for approving the country’s first-ever National Marine and Blue Economy Policy.

    He hinted that Nigeria has taken a bold step toward unlocking the full potential of its marine and coastal resources, adding that the landmark approval marks a watershed moment in Nigeria’s economic and environmental trajectory

    Oyetola, expressed strong optimism that the policy would lay the foundation for sustainable prosperity for the country even as he described the policy as a visionary framework for national development.

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    The minister in a statement by his Media and Communication Adviser, Bolaji Akinola described the decision by FEC as timely and transformative.

    He added: “The new policy will serve as a strategic guide for the development of the marine and blue economy sector over the next ten years, helping Nigeria harness the full value of its oceans, seas, rivers, and inland waterways.”

    “The document provides not just policy direction, but a long-term implementation plan that aligns environmental protection with inclusive economic growth. This is a defining moment for our nation,” Oyetola said shortly after the policy’s approval.

    “The Federal Executive Council’s endorsement of this visionary policy signals a new dawn for Nigeria’s engagement with its marine and aquatic resources. It is not just a policy document — it is a bold declaration of intent.”

    Oyetola emphasised that the policy was designed to function as a living document, adaptable over time and responsive to global advancements, domestic realities, and sectoral innovation.

    He explained that the policy was developed through a rigorous, inclusive process involving multi level consultations with critical stakeholders across the country.

    The minister underscored the importance of that collaborative approach, noting that it lends both credibility and practicality to the final product.

    “This is not a top-down document. It is the outcome of patient dialogue, expert input, and stakeholder consensus. That is why we are confident inits impact,” he said.

     

    economy FEC Marine
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