Oyetola Launches NIMBEX Committee to Boost Maritime Investment

On October 22, Adegboyega Oyetola, the Minister of Marine and Blue Economy, inaugurated a committee for the Nigeria Marine and Blue Economy Expo (NIMBEX) in Abuja. This initiative aims to position Nigeria as a premier destination for maritime investment, innovation, and trade in Africa.

The expo is designed to unite policymakers, international investors, industry leaders, and technology innovators to unlock Nigeria's marine and blue economy potential. Oyetola, represented by Permanent Secretary Fatima Mahmood, emphasized that the initiative would facilitate economic diversification, attract investments, and create jobs.

The NIMBEX Organising Committee is chaired by Husseini Shettima, with co-chairpersons Kalthum Ibrahim and Busayo Fakinlede. Other committee members include Bolaji Akinola, who serves as the Special Adviser to the minister and Chief Operating Officer of the expo, along with representatives from various maritime sector agencies and institutions.

Oyetola highlighted Nigeria's extensive coastline and navigable waterways as significant assets for enhancing maritime trade.