• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, November 3, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Records Zero Piracy In 4 Years, Plans Deep Blue Expansion

Yusuf Babalola by Yusuf Babalola
6 months ago
in Business
IMG 20260426 WA0049 1
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria has recorded zero piracy incidents in its waters over the past four years, a milestone the federal government says underscores the success of its maritime security strategy and the effectiveness of the Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project.

Building on this achievement, the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has disclosed plans to expand the Deep Blue Project to further strengthen Nigeria’s maritime security architecture and consolidate recent gains.

Speaking in Abuja on Thursday while receiving the leadership of the Nigerian Economic Summit Group (NESG), Oyetola said a proposal has already been submitted to the Federal Government to upgrade the project, which he described as a game-changer for Nigeria’s maritime domain.

“The project, which integrates air, land and sea assets alongside advanced surveillance systems, has significantly improved maritime domain awareness and response capability, restoring confidence among international shipping lines and investors,” the minister said.

He noted that the improved security environment has delivered far-reaching economic and social benefits, not only for Nigeria but also across the Gulf of Guinea, previously regarded as one of the world’s most dangerous maritime corridors.

According to him, safer waters have led to increased shipping traffic, reduced insurance premiums, enhanced port activity and stronger regional trade flows.

Oyetola said the planned expansion of the Deep Blue Project would help sustain these outcomes and position Nigeria as a leader in maritime security within the West and Central African subregion, while supporting broader economic growth tied to the blue economy.

Beyond security, the minister highlighted ongoing efforts to boost fisheries and aquaculture as part of the government’s strategy to enhance food security, create jobs and reduce dependence on imports.

“It is no longer acceptable that Nigeria continues to spend huge foreign exchange on fish importation,” he said, stressing that the government is determined to reverse the trend.

 

He revealed that local fish production rose from 1.1 million metric tonnes to 1.4 million metric tonnes in 2025 — the first increase in a decade — and added that further measures are being implemented to meet domestic demand and expand export capacity.

 

In a related development, Oyetola announced that the United States has approved Nigeria’s Turtle Excluder Device, a certification that allows Nigerian shrimp exports access to both U.S. and European markets.

 

He said the approval has opened up new opportunities for foreign exchange earnings, improved the competitiveness of Nigeria’s seafood industry and created jobs across the value chain, from fishing and processing to logistics and export services.

 

The minister also assured the NESG of the ministry’s commitment to sustained collaboration with the private sector to drive reforms and attract investment into the marine and blue economy.

RELATED NEWS

Rural Connectivity: Firm Seeks Single-digit Loans, Local Technology

NNPC Plans 5%To 10% IPO Share Sale, Ojulari Tells Reuters

Stocks Recover Marginally By N29bn

 

Earlier, NESG Chief Executive Officer, Dr. Tayo Aduloju, commended the ministry for developing a comprehensive National Policy on Marine and Blue Economy, describing it as a critical framework for unlocking the sector’s vast potential.

 

He noted that effective implementation of the policy would boost GDP growth, create employment, enhance food security and position Nigeria as a competitive player in the global blue economy.

 

Aduloju also emphasised the importance of the sector to the Federal Government’s job creation and poverty reduction agenda, while praising ongoing reforms aimed at strengthening the economy.

 

Founded in 1996, the NESG is Nigeria’s leading private sector-led think tank, providing a platform for public-private dialogue aimed at fostering a globally competitive, inclusive and sustainable economy.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

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.

OTHER NEWS UPDATES

Rural Connectivity: Firm Seeks Single-digit Loans, Local Technology
Business

Rural Connectivity: Firm Seeks Single-digit Loans, Local Technology

1 hour ago
NNPC’s Profit Rises 33% to N7.2trn In 2025 As Revenue Falls 24% 
Business

NNPC Plans 5%To 10% IPO Share Sale, Ojulari Tells Reuters

5 hours ago
Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Stocks Recover Marginally By N29bn

5 hours ago
Next Post
Cashew Trading Reports Positive Outlook For Local Processing Industry

Cashew Producers Warn Against Export Ban, Seek Low-cost Loans

LATEST UPDATE

US Elections: 5 Things Nigerians Should Watch As Americans Vote

4 minutes ago

US Midterms: 5 Things Donald Trump Stands To Lose If Republicans Lose Congress

4 minutes ago

4 Years After, DSS Frees 4 Suspected IPOB Members, Pays N20m Compensation

5 minutes ago

‘We Have To Keep America Great,’ Trump Tells Voters

8 minutes ago

Rural Connectivity: Firm Seeks Single-digit Loans, Local Technology

1 hour ago

Toluwanisings: Legal Experts Speak On Issues Of Burying Loved Ones

1 hour ago

Peace At Last: Toluwanisings’ Wife, Father Sign Undertaking

1 hour ago

Voter Register Scandal: Ezekwesili Demands Independent Probe, Says INEC Cannot Investigate Itself

2 hours ago

Plateau Young Lady Killed After Cutlass Attack, 3 Suspects Arrested In Bauchi

3 hours ago

US Midterms: 7 Things To Know As Americans Vote

3 hours ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.