President Bola Tinubu has accepted Nigeria’s 10-Yr Nationwide Coverage on Marine and Blue Financial system from 2025-2034.
The Coverage, accepted by the President on the Federal Govt Council (FEC) on Might 5, 2025, is designed with a strong implementation plan with the purpose of harnessing Nigeria’s huge marine sources to drive financial progress.
Recall that the President established the Ministry of Marine and Blue Financial system in 2023 with the intention aimed toward unlocking the total potential of Nigeria’s maritime sector.
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The coverage approval comes at a time when international curiosity within the blue financial system is surging The excellent coverage, anchored in a strong implementation framework, is designed to harness Nigeria’s in depth marine sources, together with over 853 kilometers of shoreline, as a key driver of sustainable financial progress, environmental stewardship, and job creation.
In accordance with the Particular Adviser, Media & Public Communication to President Bola Tinubu, Sunday Dare, the coverage implementation shall be financed primarily from the personal sector, adopted by numerous different sources according to Tinubu’s imaginative and prescient of Better Personal investments.
He stated for Nigeria, with its strategic coastal location, huge maritime area, and bustling port actions, the blueprint represents a well timed intervention to unlock worth in one in all its most underutilised sectors.
