The Federal Government of Nigeria, represented by Minister of Marine and Blue Economy Adegboyega Oyetola, is calling for greater access to international maritime investment, technical expertise and capacity‑building opportunities as it seeks to boost the country’s participation in the global shipping industry and unlock the economic potential of its blue economy. Oyetola made the appeal while leading Nigeria’s delegation to the 138th session of the International Maritime Organisation (IMO) Council in London, a five‑day meeting that runs from 2 November to 6 November 2026.
In a statement released by his Special Adviser, Bolaji Akinola, Oyetola stressed that “developing maritime nations must have access to the technical expertise, institutional support and investment opportunities required to participate meaningfully in the evolving global shipping industry.” He affirmed Nigeria’s commitment to building a competitive and sustainable blue economy.
The IMO Council is currently reviewing financial allocations for the 2026‑2027 biennium and setting strategic priorities for 2028‑2029, providing Nigeria with a platform to seek increased technical cooperation and capacity‑building support. Oyetola said such assistance is essential for strengthening maritime institutions, improving regulatory capacity and creating an enabling environment for investment in shipping and related maritime sectors.
Another key agenda item, Agenda Item 11, focuses on protecting vital international shipping routes amid rising security threats to commercial vessels in high‑risk zones. Nigeria intends to draw on its experience combating piracy and maritime crime in the Gulf of Guinea to advocate for stronger international cooperation and coordinated security responses.
Oyetola also highlighted the importance of safeguarding seafarers, describing them as “the lifeblood of international shipping.” He called for the safety, dignity and welfare of maritime workers to be guaranteed regardless of geopolitical tensions, and said Nigeria supports stronger international measures to protect seafarers and uphold their rights.
<small>Source: Vanguard News — read the original story there.</small>
