The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called for stronger partnerships between government, higher institutions and private sector to unlock Nigeria’s marine resources and develop the country’s blue economy.
He stressed the collaboration is essential for advancing research, fostering innovation, and building entrepreneurial ventures in this field.
He made the disclosure on Wednesday, while delivering his keynote address at the Institute for Entrepreneurship and Development Studies (IFEDS), Obafemi Awolowo University, OAU, Ile-Ife Osun State, an event themed “Advancing Entrepreneurship Education and Practice for Sustainable Development in Africa”.
The minister charged higher institutions to develop and offer more research and training programs focused on ocean sciences, sustainable fisheries, and maritime technology, advocating private sector investment to fuel start-ups and other enterprises that prioritize sustainable ocean use.
According to Oyetola, the marine and blue economy sector represents a “blue gold mine” for Nigeria, rich with potential for sustainable economic growth.
“By harnessing innovation, embracing sustainability, and fostering collaboration between government, academia, and the private sector, we can create a thriving marine and blue economy that contributes significantly to Nigeria’s sustainable development.”
Meanwhile, the Vice Chancellor of OAU, Professor Simeon Bamire, while advocating support from the ministry of marine and blue economy, noted that collaboration between them will enhance more robust development.
