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Nigeria Charts A New Course: Blue Economy Poised To Outshine Oil
According to Nivo News, the Federal Government is intensifying its agenda to reposition the marine and blue economy as Nigeria’s next major source of revenue, with strong indications that it could soon overtake crude oil as the nation’s leading economic driver.....KINDLY READ THE FULL STORY HERE▶
Minister of Marine and Blue Economy, Adegboyega Oyetola, speaking at the University of Lagos’ Institute of Maritime Studies during the visit of International Maritime Organization (IMO) Secretary-General, Arsenio Domínguez, described the maritime sector as a “goldmine” capable of creating millions of jobs, fueling sustainable growth, and transforming Nigeria into a global maritime hub.
Oyetola, himself an alumnus of UNILAG, emphasized the need for Nigerian youths to seize opportunities in shipping, logistics, fisheries, shipbuilding, marine research, and offshore energy. He stressed that the country’s long-term prosperity depends on developing a new generation of skilled professionals who will drive the transition away from oil dependency.
The minister commended the collaboration between the Nigerian Maritime Administration and Safety Agency (NIMASA) and UNILAG, citing recent investments in manpower development, including a new facility donated by NIMASA to the Institute of Maritime Studies. He affirmed that Nigeria’s blue economy roadmap rests on sustainability, innovation, and inclusivity, with youth empowerment as a central pillar.
The IMO chief, on a three-day official visit to Nigeria, inspected key maritime assets including the Nigerian Navy’s hydrographic research vessel, NNS Lana, as well as NIMASA’s C4i Centre and Regional Maritime Rescue Coordination Centre in Apapa. He praised Nigeria’s efforts in maritime security, especially in the Gulf of Guinea, and highlighted the country’s investments in safety, research, and manpower as aligning with IMO’s global mission of secure and sustainable shipping.
At UNILAG, Domínguez engaged with students, encouraging them to pursue maritime careers while acknowledging Nigeria’s commitment to capacity-building as crucial to its rise in the global maritime community.
With the IMO visit expected to strengthen international collaboration, stakeholders agree that Nigeria’s blue economy is no longer a peripheral ambition but a central pillar of national strategy. As Oyetola put it, “Nigeria’s future lies beyond oil,” and the oceans may well power the nation’s next phase of prosperity.
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‘I Cannot See Yet!’: Desmond Elliot Keeps Nation Guessing In Explosive Political Update.
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Desmond Elliot, the lawmaker representing Surulere Constituency I in the Lagos State House of Assembly, stated that he does not currently identify a political leader prepared to succeed President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
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During an interview with Morayo Afolabi, the politician discussed various topics, including Nigeria’s future, governance, his tenure in public office, and development projects completed in his constituency.
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Elliot expressed that from his point of view, a clear successor to President Tinubu has not yet emerged.
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Reflecting on the nature of leadership and governance, Elliot remarked, “I’m thinking, okay, who is the next saviour that can remove Asiwaju from what he’s doing presently? I cannot see yet.”.
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He advocated for defining a unique style of democracy and suggested implementing long-term strategies, such as a 30-year plan.
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Emphasizing humility in public service, he noted that leaders are not necessarily superior to others and that their positions are temporary.
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Elliot also highlighted improvements in his constituency, asserting that Surulere has seen significant development in infrastructure and electricity compared to the state of the area a decade ago.
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‘We Are Living In Fear’: Explosive Revelation From Oyo Assembly Over Border Insecurity Crisis.
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Heightened Security Concerns: The Oyo State House of Assembly has expressed alarm over rising insecurity in border communities, specifically following the kidnapping of teachers and students in the Oriire Local Government Area.....KINDLY READ THE FULL STORY HERE▶
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Assembly’s Call to Action: During a meeting with the Commissioner of Police, Abimbola Olugbenga, Speaker Adebo Ogundoyin highlighted that criminals are increasingly exploiting porous borders and remote settlements to carry out attacks and abductions.
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Proactive Strategies: Speaker Ogundoyin urged security agencies to bolster intelligence gathering, enhance patrol operations, and maintain proactive policing to better protect citizens.
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Support for Rescue Operations: The Speaker praised the professionalism of security personnel currently working to secure the safe return of the kidnapped victims.
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Debunking Misinformation: The Oyo State Police Command, via spokesperson DSP Olayinka Ayanlade, has officially dismissed a viral video claiming the victims were transported to Kaduna by helicopter, labeling the report as entirely false and misleading.
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Ongoing Rescue Efforts: Police confirmed that intensive, collaborative rescue operations are continuing and warned that individuals spreading unverified, panic-inducing rumors could face legal consequences for undermining security operations.
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Pump Price Fury: Trump Declares War On ‘Gouging’ Oil Giants, Orders DOJ Probe!.
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President Donald Trump has initiated a formal investigation into major oil companies, alleging they are unfairly keeping gasoline prices high even as crude oil costs have plummeted.....KINDLY READ THE FULL STORY HERE▶
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The President took to Truth Social to claim that consumers are being “gouged” because pump prices have not fallen in line with the significant drop in oil costs.
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This action follows intense public pressure regarding the economic impact of the Middle East conflict, specifically how Iran’s previous blockade of the Strait of Hormuz caused global oil prices to skyrocket in February.
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While an initial agreement has been reached to restore tanker traffic, gasoline prices remain higher than they were before the war began, causing political strain as congressional elections approach in November.
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Despite President Trump’s earlier promises that fuel prices would drop rapidly following the end of the conflict, some economists warn that a full return to pre-war price levels may take several months.
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The administration has also faced domestic criticism for the financial toll of the conflict, with many Americans expressing frustration over rising inflation and fuel costs while billions of taxpayer dollars are spent abroad.
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According to recent data from the AAA motor club, the average cost for a gallon of regular gasoline was $3.93 as of Tuesday.
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