The Federal Government has renewed its pledge to supercharge Nigeria’s domestic maritime capacity, promising indigenous shipowners full backing and the swift disbursement of the long-awaited Cabotage Vessel Financing Fund (CVFF). The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, dropped the anchor on these commitments on Friday, October 16, 2026, during the ministry’s Third Quarter Citizens’ and Stakeholders’ Engagement in Victoria Island, Lagos. In a statement released by his Special Assistant, Dr Bolaji Akinola, the Minister emphasized that the administration is unwavering in its enforcement of the Coastal and…
Category: Nimasa
From Blueprints to Boom: Usoro Urges Nigeria to Build a ‘Whole-of-Government Engine’ for Blue Economy Wealth
Nigeria has successfully found an administrative “home” and a 10-year master plan for its massive marine wealth, but the country must now aggressively transition from paperwork to practical profits for its citizens. This was the central message delivered on Friday, 16 October 2026, by Mrs. Mfon Ekong Usoro, FCILT, Managing Partner at Paul Usoro & Co., during a powerful keynote address commemorating World Maritime Day 2026. Speaking at the prestigious Oriental Hotel in Victoria Island, Lagos, the prominent maritime law expert—who brings monumental authority as the pioneer Director-General of the…
