Maritime Sector Transformation Driven by Oyetola's Reforms

Dr. Abubakar Dantsoho, the Managing Director and Chief Executive Officer of the Nigerian Port Authority (NPA), attributed the transformation of Nigeria's maritime sector to the impact of Dr. Adegboyega Oyetola, the Minister of Marine and Blue Economy, and ongoing federal government reforms. Speaking at the Blue Economy Investment Summit in Abuja, Dantsoho assured investors of Nigeria's capacity to dominate Africa's blue economy, highlighting the increased participation of the private sector as a critical driver of transformation.

He emphasized the strategic location of Nigeria, its large population, and economic strength, positioning it to become a maritime hub in West Africa, comparable to global leaders like Singapore and Morocco. Dantsoho noted Nigeria's 823 kilometers of coastline and extensive inland waterways as prime locations for harnessing marine resources, which are essential for economic growth.

Oyetola added that federal government reforms aim to improve coordination and strengthen maritime security to boost investor confidence, with the sector accounting for 90 percent of Nigeria's international trade volume.