Nigeria’s marine and blue economy sector is set for a major boost as the Federal Government and China agreed on fresh areas of cooperation, including port infrastructure, aquaculture exports, and indigenous vessel development.
At a meeting in Abuja on Thursday, Minister of Marine and Blue Economy, Adegboyega Oyetola, and Chinese Ambassador Yu Dunhai committed to deepening maritime ties.
Oyetola said Nigeria’s maritime space—spanning the Atlantic coastline and extensive inland waterways—remains underutilised, noting that government reforms will open it up for investment in shipping, fisheries, and marine tourism.
Ambassador Yu praised Nigeria’s maritime potential and pledged China’s support. He pointed to the Lekki Deep Seaport as an example of fruitful cooperation, saying it has positioned Nigeria as a hub for West and Central Africa.
Yu also disclosed that China had waived tariffs on Nigerian aquaculture exports and is finalising agreements to expand access to its market.
Meanwhile, a new $2bn maritime investment programme was announced to grow indigenous shipping, support maritime training, and deliver up to $20bn in freight contracts for Nigerian operators.
Oyetola expressed confidence that the collaboration would unlock opportunities for job creation, seafarer training, and sustainable shipping. “With China’s partnership, we can fully harness our blue economy for the benefit of Nigerians,” he said.
