L-R: Permanent Secretary, Federal Ministry of Marine and Blue Economy (FMM&BE) Mr. Oloruntola Olufemi; Minister, FMM&BE; Adegboyega Oyetola, CON, Director General, Nigerian Maritime Administration and Safety Agency, NIMASA; Dr. Dayo Mobereola and Director, Maritime Safety FMM&BE Mr Babatunde Bombata at the 2025 Blue Economy and Finance Forum in Monaco, France .
Nigeria has restated its dedication to the sustainable management and protection of ocean resources at the 2025 Blue Economy and Finance Forum, held recently in Monaco, France.
The Nigerian delegation, led by the Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, used the international platform to highlight the country’s strategic focus on leveraging its marine assets for economic growth while preserving biodiversity and promoting environmental sustainability.
Speaking during a high-level session at the forum, Oyetola emphasized that Nigeria remains fully aligned with global efforts to build resilient and inclusive blue economies.
“Our goal is to ensure that Nigeria’s marine resources are managed sustainably to benefit present and future generations,” the Minister said. “We are developing policies that promote maritime safety, attract private investment, and empower coastal communities.”
Accompanying the Minister were senior officials from key maritime institutions, including Mr. Oloruntola Olufemi, Permanent Secretary of the Federal Ministry of Marine and Blue Economy (FMM&BE); Dr. Dayo Mobereola, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA); and Mr. Babatunde Bombata, Director of Maritime Safety at the Ministry.
During the forum, the delegation participated in a series of panel discussions, bilateral meetings, and technical sessions centered around ocean finance, marine biodiversity, and sustainable infrastructure.
Dr. Mobereola highlighted NIMASA’s ongoing work in enforcing maritime safety standards and combating challenges such as marine pollution and illegal fishing.
“At NIMASA, we are committed to ensuring Nigeria’s maritime domain is safe, secure, and compliant with international regulations,” he stated.
Mr. Bombata and Mr. Olufemi also held consultations with development partners and stakeholders on financing models for port modernization and the deployment of technology in maritime surveillance and environmental monitoring.
Nigeria’s presence at the Monaco forum was widely seen as a reaffirmation of its position as a regional leader in ocean governance and maritime development. The delegation’s active engagement underscored the country’s resolve to harness the full potential of its blue economy as part of its broader economic diversification strategy.
The Blue Economy and Finance Forum is a global platform that brings together government leaders, financial institutions, environmental experts, and private sector stakeholders to explore investment opportunities and partnerships in sustainable ocean-based economies.
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