Minister of Marine and Blue Economy, Adegboyega Oyetola has officially assumed office, with a promise to prioritize sustainability, innovation, and economic growth.
Oyetola, who acknowledged the abundance of marine resources that exist within the coastal region, emphasized the need to fully harness them for economic gains.
The minister announced that at the global level Blue Economy is estimated at more than 1.5 trillion dollars annually, urging stakeholders to seize the opportunity and become a significant player in the industry.
Oyetola added that part of his vision is to ensure that inland rivers, lakes, and waterways are well utilized, both in terms of cargo shipment and passenger transportation.
