President Bola Ahmed Tinubu, has urged African leaders to prioritise optimising potentials in the blue economy, saying it holds the key to Africa’s prosperity.
Tinubu, while speaking at the ongoing 43rd Annual Council of the Port Management Association of West and Central Africa (PMAWCA) conference, on Monday, underlined the critical role of the Blue Economy in the collective prosperity of African nations, emphasising that the sector holds immense potential for the entire continent.
The president, who was represented by the minister of Marine and Blue economy, Adegboyega Oyetola, noted that Africa’s Blue Economy presents the continent with untapped opportunities for growth and development.
He said: ‘We must acknowledge the maritime sector as a central driver for the sustainable development of our nations.’
The president went on to stress the interconnectivity of African countries through their maritime endowments, saying, the formation of the ministry of Marine and Blue Economy highlighted the Nigerian government’s commitment to unlocking the potential of the Blue Economy.
He stated that, despite national boundaries, the waters serve as a natural source of connectivity, emphasising that the region’s shared destiny and challenges require collaborative efforts.
