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    • IMO Secretary General Visits Nigeria, Dazed By Facilities

      Oct 2, 2025
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      Sep 27, 2025
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  • IMO Secretary General Visits Nigeria, Dazed By Facilities

  • Nigeria’s Blue Economy Minister Bemoans Maritime Financing Deficit

  • NIMASA Calls For Urgent Action To Reduce Maritime Funding Gaps

  • WMD 2025: “We Are Beneficiaries of The Oceans”-Dantsoho

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News
Home›News›BLUE ECONOMY: Nigeria To Lead In Harnessing Resources-Minister

BLUE ECONOMY: Nigeria To Lead In Harnessing Resources-Minister

By Editor
Oct 7, 2022
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The Minister of Transportation, Mu’azu Jaji Sambo, has given assurance that Nigeria will take the lead among African countries in harnessing the abundant resources of the blue economy for the benefit of the continent.

The Minster who disclosed this when the Secretary-General, International Seabed Authority, ISA, Michael Lodge and his entourage paid him a courtesy visit in Abuja, said it has become a challenge as out of the 12 exploration projects in developing countries around the world, none is in Africa.

While acknowledging that the resources in the sea far outweigh those on land, the Minister said the country is lucky to have an organization like ISA to help it explore and exploit its untapped blue economy.

Regarding the workshop, Sambo advised that the outcomes should be escalated to the President and the National Assembly to accord it priority attention.

On his part, the Secretary-General, ISA, Michael Lodge informed that the workshop is to “create awareness in Africa and hopefully at some point in future encourage African States and investors to look at the possibility and participate in deep-sea exploration as they only look towards the lands”.

He believed that the resources of the deep blue should be enjoyed by all and not just the rich and technologically advanced countries.

The Ambassador to Jamaica and Nigeria’s Permanent Representative on International Seabed Authority, Dr Maureen Tamuno, thanked the Minister for providing the enabling environment for the workshop to hold and for providing access to enable them visit the Maritime Academy, Oron, Akwa Ibom State to assess its readiness to provide required competences for future activities in the deep seabed sector.

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