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Minister Oyetola Calls for Action to Unlock Nigeria's $296bn Marine Economy

Daily Trust··1 min read
Minister Oyetola Calls for Action to Unlock Nigeria's $296bn Marine Economy

Minister Oyetola urged stakeholders to unlock Nigeria's $296 billion marine economy potential at a Lagos event. The untapped blue economy offers vast economic growth, job creation, and environmental sustainability opportunities.

Oyetola emphasized the need for innovative financing solutions to attract investments and ensure sustainable development in the marine sector. The Minister highlighted the Federal Executive Council's approval of the Nigeria National Policy on Marine Blue Economy as a crucial step towards growth.

The event aimed to mobilize capital and expertise to harness the untapped potential of Nigeria's marine resources for national development.

Plus234Feed summary based on reporting from Daily Trust.

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