In a move to deepen cooperation in blue economy sector, the Minister of Marine and Blue Economy, Adegboyega Oyetola, received the Chinese Ambassador to Nigeria, His Excellency Yu Dunhai, at the ministry’s headquarters in Abuja.
Welcoming the envoy, Oyetola commended the long-standing bilateral relationship between Nigeria and China, describing it as mutually beneficial and pivotal to the economic growth of both nations.
He noted that Nigeria, with its extensive coastline and rich maritime resources, is strategically positioned to become a hub for marine trade, logistics, and investment in Africa.
Oyetola highlighted Nigeria’s maritime endowments, stating that the country’s 853 kilometres of coastline along the Atlantic Ocean, its vast inland waterways spanning over 10,000 kilometres, and the abundant marine biodiversity that supports aquaculture, fishing, and other blue economy activities holds immense potential for shipping, port operations, fisheries, renewable ocean energy, marine tourism, and coastal infrastructure development.
According to him, the marine and blue economy sector is a frontier for wealth creation, job opportunities, and sustainable development if properly harnessed.
