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10th Senate Will Formulate Law To Maximise Blue Economy –  Committee Chairman

Yusuf Babalola by Yusuf Babalola
3 years ago
in Business
Senate 2
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The chairman, Senate Committee on Marine Transport, Senator Wasiu Eshinlokun, has said that Senators of the tenth assembly are committed to formulating laws that will ensure Nigerians enjoy the benefits inherent in the blue Economy.

Speaking, on Thursday, when he led members of the Senate Committee on Marine Transport on an oversight visit to the Nigerian Marítime Administration and Safety Agency (NIMASA), Senator Eshinlokun, disclosed that the bill to amend the NIMASA Act has passed the first reading on the Floor of the Senate.

The Committee chairman further averred that a constructive evaluation of the existing maritime legal framework was necessary to ascertain gaps for possible review, pledging that the Senate under the leadership of Senator Godswill Akpabio was committed to supporting the maritime sector, in line with the vision of the President Bola Tinubu.

“Let me inform you that the bill seeking amendment of the NIMASA Act has passed first reading on the floor of the senate. I have to say on behalf of my colleagues that we are with you on this journey, and we will not hesitate to support your vision, in as much as such is geared towards enhancing the potential of the maritime sector for national growth and development.

“With the creation of the Marine and Blue Economy Ministry by the President, a message has been passed to all stakeholders that the maritime industry has a huge role to play in our nation building. We must align with the vision of the President, and we must support the government to achieve a better country for all Nigerians,” Sanni said.

The Committee members unanimously acknowledged NIMASA’s investment in acquisition and building of a strong safety and security architecture, reiterating that such effort was a confirmation that NIMASA was conscious of its mandate and strategic status as one of Nigeria’s major contributors to the country’s sustainable development.

A member of the Committee, Senator Abdul Ningi, commended NIMASA Management stating that much progress has been made over the years. I have visited this Agency over the years, and must note that much progress has been made over the years. You have done very well. He said.

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In his welcome remarks , the director general of NIMASA, Dr. Bashir Jamoh, noted that the Agency is committed to both human capacity and infrastructural development to grow the Nigerian blue economy .

Speaking further, Jamoh stated that a well-developed marine and blue economy would be strong enough to service Nigeria’s annual budget because it encompasses all economic activities associated with the oceans and seas.

According to Jamoh, “NIMASA is working tirelessly to secure our waters and  by extension, the Gulf of Guinea. The time has come for us as a nation to build on the recent gains in the area of safety and security of our waterways. Rest assured that NIMASA is utilising appropriated funds judiciously, evident in our investment in infrastructure. We will continue in the direction President Tinubu has pointed with the creation of the Marine and Blue Economy Ministry.

 

 

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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