a secure, prosperous and sustainable maritime future that would benefit all citizens.
He urged the Nigerian Navy and its African partners, as well as other stakeholders to focus on achieving a secure and prosperous maritime future that is beneficial to all, saying “Nigeria cannot afford to fail in its responsibilities to Africa and the world at large.” In his speech entitled, ‘It’s Time to Secure Our Maritime Future,’ the President said: “This conference must inspire all stakeholders to see the big picture, that we cannot afford to fail in our responsibilities to the continent and, indeed, the entire world.
“The blue economy is estimated to be worth more than US $1.5t per year globally and is projected to increase to US $15.5t by 2050. The “Africa Blue Economy Strategy” estimates that the blue economy currently generates nearly US $300 billion for the continent, creating 49 million jobs in the process. The Africa Blue Economy is projected to hit US $405b by 2030,” he further projected
Earlier in his welcome address, the Chief of Naval Staff, Vice Admiral Ogalla, said the outcome of the 2024 International Maritime Conference organised to commemorate the 68th anniversary of the Nigerian Navy will go a long way in enhancing its capabilities and strengthening existing collaborations in safeguarding the nation’s maritime environment.
Meanwhile, on arrival at the Naval Dockyard in Victoria Island, the Vice President commissioned three newly acquired Naval Ships – Nigerian Navy Ship OCHUZO, Nigerian Navy Ship CHALAWA, and Nigerian Navy Ship ZUR, as well as two helicopters – Nigerian Navy 412 and Nigerian Navy 414.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
Nigerian Navy President Bola Ahmed Tinubu
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