By Kunle Sanni –
The Federal Government, through the Ministry of Marine and Blue Economy, is set to unlock over $2 billion in maritime investments under the newly launched Nigeria–China Strategic Partnership (NCSP) initiative.
The initiative was formally presented to the Minister of Marine and Blue Economy, Adegboyega Oyetola, during a courtesy visit by the NCSP delegation led by its Director-General, Joseph Tegbe, at the ministry’s headquarters in Abuja.
The Nigeria–China Maritime Strategy outlined during the visit aims to expand indigenous maritime capacity, accelerate ship acquisition, and reposition Nigeria as a regional and global maritime powerhouse.
According to the NCSP leadership, the strategy will give Nigerian-owned shipping companies direct access to Chinese shipyards, maritime financiers, and training institutions. It will also create opportunities for maritime education, technology transfer, and enhanced local content development across the industry.
Describing the proposal as “timely” and “visionary,” Minister Oyetola said it aligns with President Bola Tinubu’s Renewed Hope Agenda and the ministry’s roadmap for building a prosperous blue economy.
“This proposal presents a clear pathway to achieving true indigenous participation in maritime logistics while opening our economy to credible global partnerships,” Oyetola said.
He reiterated the government’s commitment to strengthening the maritime sector as part of its broader economic diversification strategy, pledging full institutional and policy support for the plan’s implementation.
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