• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oyetola Signs Performance Bonds With Heads Of Agencies

by Ejike Ejike
4 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Minister of Marine and Blue Economy, Adegboyega Oyetola has signed the performance bond with heads of agencies in the ministry to ensure the full implementation of Marine and Blue Economy Policy.

Advertisement

The performance bond ceremony was part of the major decisions taken at the ongoing two-day sectoral retreat for top management staff of the ministry and its agencies in Abuja on Tuesday.

Speaking at the event, the minister reaffirmed his unwavering commitment to the full and accelerated implementation of the newly approved National Policy on Marine and Blue Economy, calling on the top management of the ministry and its agencies to recommit themselves to effective leadership, inter-agency collaboration, and measurable performance outcomes.

He described the gathering as a defining moment for reflection, realignment, and purposeful engagement and stressed that the retreat goes beyond administrative formality, representing instead a crucial opportunity to evaluate the sector’s direction and to reposition it for impactful delivery in line with national expectations.

Oyetola emphasised that the Marine and Blue Economy has been placed at the forefront of the federal government’s economic growth agenda under the Renewed Hope framework, and that it is incumbent on the ministry’s leadership to drive this vision with urgency and discipline.

RELATED

Parallex Bank To Provide Limitless Banking Experience

Bank Unveils N4bn Financial Support For Lagos LGAs, LCDAs

6 hours ago
FCT Town Planners Reaffirm Commitment To Abuja Master Plan Restoration

Ministry Launches Portal For Tracking Real Estate Fraudsters

6 hours ago
ADVERTISEMENT

The minister highlighted recent milestones, including ongoing efforts to modernise port infrastructure, implementation of the national single window platform, improvements in port efficiency, enhanced maritime security, progress in aquaculture and fisheries, and the commencement of the long-anticipated disbursement process of the Cabotage Vessel Financing Fund (CVFF).

He added that the recent approval of the national policy on Marine and Blue Economy by the Federal Executive Council is a foundational achievement that sets the strategic framework for long-term sectoral transformation.

Oyetola also highlighted Nigeria’s ongoing bid for a Category C seat on the International Maritime Organization (IMO) Council, describing it as a strategic national objective.

ADVERTISEMENT

He stressed that the Ministry would continue to lead on diplomatic engagement and international outreach, but that every agency must play its part in showcasing Nigeria’s readiness to continue to lead and contribute meaningfully to global maritime affairs.

 

Earlier in his opening remarks, the permanent secretary of the ministry,  Olufemi Oloruntola, reiterated the minister’s call for decisive action on the policy implementation.

 

He described the retreat as a critical platform for identifying and resolving the barriers to effective execution, strengthening inter-agency synergy, and defining the specific steps needed to position the Marine and Blue Economy as a major driver of national development in alignment with global trends.

 

He noted that a key feature of the retreat is the signing of Performance Bonds by heads of agencies, which would be tied to clearly defined Key Performance Indicators (KPIs). This, he said, is a reflection of the ministry’s collective commitment to accountability, results, and service excellence.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Adegboyega Oyetola
SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

Leaders, Policymakers To Advance Investment, Innovation, Energy Security

Next Post

Nigeria Moves To Tackle Scarcity Of Aviation Fuels

Ejike Ejike

Ejike Ejike

You May Like

Parallex Bank To Provide Limitless Banking Experience
Business

Bank Unveils N4bn Financial Support For Lagos LGAs, LCDAs

2025/08/28
FCT Town Planners Reaffirm Commitment To Abuja Master Plan Restoration
Business

Ministry Launches Portal For Tracking Real Estate Fraudsters

2025/08/28
Renewed Confidence In Aviation Sector Raises Local Airlines Participation – NCAA
Business

Lagos, FCT, Rivers Generate 70% Of Aviation’s N215.6bn GDP Contribution

2025/08/28
Air Peace Lauds Minister Over Installation Of Airfield Lighting On Lagos Airport
Business

Tinubu’s Brazil Visit Yielded Air Peace, Embraer MRO Agreement – Onyema

2025/08/28
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Bulls Lose Steam As Equities Market Dips By N325bn Amid Profit Booking

2025/08/28
Kogi Stakeholders Task Federal Gov’t On Ending Benue Killings
Business

Tinubu Promises Continued Support For Capital Market Reforms, Expansion

2025/08/28
Leadership Conference advertisement

LATEST

AC Milan Agree To £36m Deal For Nkunku

Foundation’s New Board Asked To Sustain Help For Retired Clerics, Widows

Oyo Assembly Defends Makinde’s N300bn Fresh Loan Request

Bauchi Gov’t Approves N32,000 Minimum Pension For Retirees

Oluwo Denies Illicit Drug Use, Rains Curses On Accusers

2027: Igbos Free To Contest Presidential Election, Says Ohanaeze

UK Awards Chevening, Commonwealth Scholarships To 85 Nigerians

BBNaija10: Housemates Panic As Imisi Discovers ‘Human Head’ Inside Fridge

Libyan Police Arrest 2 Nigerians Over Alleged Robbery Spree

Police Arrest 5 For Alleged Motorcycle Theft, Drug Trafficking In Bauchi

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.