Minister of Marine and Blue Financial system Adegboyega Oyetola has reaffirmed the federal authorities’s unwavering dedication to strengthening Nigeria’s indigenous transport business, declaring that efforts to reposition native operators for world competitiveness won’t be deserted.
Oyetola gave the reassurance on Tuesday when he acquired a delegation from the Nigeria Maritime Exhibition and Convention (NIMAREX) planning committee in his workplace in Abuja.
The delegation, led by Sola Adewunmi, chairman of the committee and president of the Nigerian Shipowners Affiliation (NISA), additionally included Funmi Folorunso, the committee’s secretary, and Tounbo Ogunwale, director of presidency relations.
The workforce visited the minister to hunt the ministry’s help for NIMAREX 2025, which is scheduled for Lagos from November seventeenth to nineteenth, 2025.
Oyetola recommended the committee for reviving the once-dormant NIMAREX platform and mentioned the federal government views the occasion as an important avenue for collaboration, funding promotion, and data trade throughout the maritime sector.
He assured that President Bola Ahmed Tinubu’s administration was taking decisive steps to create a conducive working surroundings for indigenous shipowners, deal with longstanding structural challenges, and unlock the total potential of Nigeria’s maritime area.
He mentioned, “Our dedication to indigenous transport is complete and irreversible. The federal authorities is working across the clock to implement the precise insurance policies, funding mechanisms, and infrastructure that may allow Nigerian shipowners to compete favourably regionally and internationally. There isn’t any going again on this dedication.
“We’re decided to see Nigerian-owned vessels flying our nationwide flag and working sustainably inside our coastal waters and past,” the Minister added.
“This may create jobs, retain worth inside our financial system, and construct a stronger maritime nation anchored on native capability.”
Adewunmi mentioned NIMAREX was revived after a number of years of inactivity to enrich the federal government’s renewed push to draw international direct funding (FDI) into the maritime and blue financial system sectors.
He defined that the upcoming version would function a unifying platform for private and non-private stakeholders to debate methods for sustainable development.
