News
VP Osinbajo leads Committee on Sustainable Blue Economy
VP Osinbajo leads Committee on Sustainable Blue Economy
The Federal Government inaugurated the Expanded Partnership Committee on Sustainable Blue Economy, to boost Nigeria’s economy through maritime means.
The committee was inaugurated by Vice President Yemi Osinbajo on Monday at the State House in Abuja, with members including state governors, ministers, representatives of military and security agencies.
In a statement by his spokesman, Mr Laolu Akande, he stated that the Blue Economy Agenda is set to further explore the economic opportunities available through oceanic and marine resources around the country.
What the FG is saying
The Vice President’s office stated that the Blue Economy aims at sustainable use of Nigeria’s ocean and maritime resources towards improved economic growth for Nigeria and its citizens.
These include the use of renewable energy, seabed extractive activities and marine biotechnology and bio-prospecting.
Vice President Osinbajo stated that the Committee had representatives from the states and the geo-political zones, agency representation, Chief of Naval Staff, Comptroller-General of Customs, NIMASA and several other agencies. It added that ministries including the Ministry of Industry, Trade and Investment, Ministry of Power, Ministry of Petroleum, Ministry of Environment are also taking part.
“There will be several agencies and several interactions between institutions because we are dealing with ports and terminals, oil and gas, the environment, tourism, hospitality – a whole range of economic activities that are connected to what is described as the blue economy,” he said.
The committee is charged with providing an assessment of the current realities, opportunities and challenges for economic diversification and the growth of a sustainable blue economy in Nigeria, and identifying policies including institutional/capacity-building mechanisms for blue economy development.
- News19 hours ago
Breaking: Tinubu Makes Fresh Appointment
- News17 hours ago
#USElection2024 Live Updates: Trump Vs Harris…Latest Results…Latest Polls
- Top Stories19 hours ago
Hardship: We’ll No Longer Watch Anyone Insult Tinubu – Doyin Okupe Vows
- Top Stories19 hours ago
#USElection2024: Trump, Harris close campaign in swing states on eve of deadlocked election
- Top Stories11 hours ago
Digital Transformation: Maida, Kekere-Ekun Speak At NCC’s Annual Workshop for Judges in Lagos
- Top Stories13 hours ago
Breaking: House Of Reps Finance Committee Visits FIRS
- Politics19 hours ago
‘He’s With Us’, EFCC Confirms Ex-Gov Okowa’s Arrest Over N1.3trn Diversion
- Entertainment19 hours ago
Prince Harry and Meghan Markle pursue separate projects