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MARINE AND BLUE ECONOMY

The Federal Government has approved the modernisation and upgrade of four ports outside Lagos, alongside the development of six deep seaports
Nigeria has emerged as the top contributor to the Port of Antwerp's West African freight, with over 6 million tonnes of cargo handled annually.  
The Federal Government aims to increase revenue generation from the blue economy, targeting an annual revenue of N2 trillion by 2027.
On Tuesday, President Bola Tinubu appointed Dr. Dayo Mobereola as the new Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), with an initial term of four years, subject to renewal.