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Blue economy targets N2trn annual revenue by 2027- Oyetola

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The Ministry of Marine and Blue Economy says it is implementing a 3-pronged strategy that will increase its revenue generation to N2 trillion per annum by 2027.

Marine and Blue Economy Minister, Mr Adegboyega Oyetola, disclosed this at the ministerial press briefing on the administration of President Bola Tinubu sectorial update.

“A key measure of success for the Ministry is to increase the contribution of the marine and blue economy to national Gross Domestic Products,” he said.

The Minister said the strategy being implemented included, blocking revenue leakages, enhancing revenue generation from established sources and identifying and rolling out new blue economy revenue sources.

According to him, the ministry had embarked on automation of revenue collection processes to eliminate bottlenecks and enhance transparency and accountability.

The minister added that effort was being made to deploy revenue assurance technologies to ensure accurate and complete billings in line with established contracts and services rendered.

Oyetola, however, said that efficient utilisation of existing assets would be ensured through concessions to the private sector and public private partnerships (PPP) as required by the ministry’s  departments and the agency.

He added that the ministry was working toward investment promotion campaigns targeting both domestic and international investors to invest in marine and blue economy sub-sectors.

The Minister also said the ministry had engaged subsector, stakeholders, experts, academia and research institutions to understand the sector’s current state with a view to create a dynamic policy framework and harmonise recommendations to unleash its potential.

“Key policy thrusts and goals have been defined and a comprehensive 4-year key results framework and implementation plan have been developed.

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“The national policy on the Marine and Blue Economy will be concluded in December 2024, “ he added.

On Tin Can Island and Apapa port, the minister said efforts were being made to source for funds to modernise their reconstruction adding that when rehabilitated, the ports are expected to generate 20,000 jobs.

He said that the dredge navigational channels were made to the various ports and terminals to allow the largest containership (KOTA CEMPAKA) to berth in Onne Port..

On Lagos-Calabar Superhighway, the minister explained that the project would boost blue tourism and facilitate private sector investments.

On maritime security and safety, the minister said the ministry ensured the safety of human lives at sea by conducting 474 Port state inspections in May 2023.

He added that 80 water Marshals were deployed  across the selected jetties to enforce inland water safety rules.

Oyetola said the ministry was determined to create a national carrier for shipping and maritime trade on Public  Private Partnership to reduce capital flight and maximise opportunities for Nigerian ship owners. (NAN

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Eid-el-Fitr: Unity, Prayers Key to Security – Matawalle

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As Muslims in Nigeria and around the world celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan, the Honourable Minister of State for Defence, Dr Bello Matawalle,
urged Nigerians to continue supporting and praying for the military, noting that the Federal Government has made significant strides in combating insurgency and insecurity since President Bola Ahmed Tinubu took office.

has praised the resilience and dedication of the country’s Armed Forces and security agencies.

In a statement issued by his Special Assistant on Media, Ahmed Dan-Wudil, Dr Matawalle commended the tireless efforts of security personnel in safeguarding the nation.

He urged Nigerians to continue supporting and praying for the military, noting that the Federal Government has made significant strides in combating insurgency and insecurity since President Bola Ahmed Tinubu took office.

While acknowledging that security challenges have not been entirely eradicated, the minister expressed confidence in the administration’s achievements, rating its performance in tackling insecurity at 9 out of 10. He assured Nigerians that, by the end of the year, the country would be “99 per cent free from insecurity, by God’s grace.”

“As we celebrate today, let us remember the families of our fallen heroes—those who have paid the supreme price in defending our sovereignty. Their sacrifices shall never be in vain,” he said. “We remain committed to ensuring the welfare of our troops and their loved ones, as well as strengthening our military capabilities to address security challenges effectively.”

Dr Matawalle reiterated the Federal Government’s unwavering commitment to national security, economic growth, and social development.

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He highlighted ongoing efforts to combat terrorism, insurgency, banditry, and other criminal activities through enhanced military operations, strategic partnerships, and intelligence-driven approaches.

However, he stressed that security is not the sole responsibility of the government and security forces, but a collective duty of all citizens.

He urged community leaders, religious scholars, and traditional rulers to work closely with security agencies by providing timely information and fostering peace.

“Eid-el-Fitr is a time of love, kindness, and reconciliation,” he said. “Let us use this period to strengthen the bonds of brotherhood, forgive one another, and embrace the spirit of tolerance and understanding.”

The minister also called on Nigerians to extend a helping hand to the less privileged, including orphans and widows, emphasising that the true essence of Eid lies in sharing and caring for others.

“As we mark this special day, I pray that Almighty Allah accepts our fasting, prayers, and good deeds. May He grant us peace, prosperity, and continued progress as a nation. May He protect our gallant Armed Forces, bless their efforts, and reward them abundantly for their sacrifices.

“Eid Mubarak to you all! May this celebration bring renewed hope, joy, and divine blessings to our homes and communities.”

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SSAP-SDGs Felicitates with Muslims on Eid-el-Fitr, Calls for Unity and Sustainable Development

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The Senior Special Assistant to the President on Sustainable Development Goals (SSAP-SDGs), Princess Adejoke Orelope-Adefulire, has extended heartfelt greetings to Muslims across Nigeria and beyond as they celebrate Eid-el-Fitr, marking the successful conclusion of the holy month of Ramadan.

In a statement released in Abuja in her behalf by her Special Assistant on Media, Publicity and Strategic Communications, Desmond Utomwen, the SSAP-SDGs emphasized the significance of Eid-el-Fitr as a time for gratitude, reflection, and unity. She highlighted the values of compassion, generosity, and solidarity, which define the season and align with the principles of sustainable development.

“Eid-el-Fitr is not only a period of celebration but also a moment for renewed commitment to building a more inclusive, just, and sustainable society where no one is left behind. The teachings of Ramadan inspire us to uphold peace, unity, and selflessness. These are values that are essential to achieving the Sustainable Development Goals (SDGs),” she stated.

Princess Orelope-Adefulire called on Nigerians to use the occasion to promote harmony, foster mutual understanding, and work together in addressing socio-economic challenges. She reiterated the government’s commitment to accelerating progress on key SDGs targets, including poverty eradication, access to quality education, gender equality, and economic empowerment.

“As we mark this joyous occasion, let us remember those in need and extend kindness to the less privileged. Together, through collective action and a shared vision, we can advance sustainable development and create a better future for all,” she added.

The SSAP-SDGs concluded by wishing all Muslims a peaceful and blessed Eid celebration, urging them to continue embodying the virtues of Ramadan in their daily lives.

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Recall election costlier than constituency election – INEC

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The Independent National Electoral Commission (INEC) says it is more expensive to conduct a recall election than a constituency election.

Special Adviser to INEC Chairman, Mohammed Kunna, made this statement during an online discussion on “INEC Regulation and Guidelines for Recall 2024.” The discussion also covered BVAS and IREV: Facts and Myths.

The event was held on Saturday via the X social media platform.

Kunna explained that conducting a recall election was similar to conducting three constituency elections.

“Once a petition is received and verified to meet legal requirements, INEC must first conduct a verification exercise at the affected polling units.

“For that verification to happen, we have to use the Bi-Modal Voter Verification System (BVAS) because those who signed the petition must be verified as genuine registered voters in those units.

“Then, INEC needs to establish 50 per cent plus one signature from the constituency.

“After that, we proceed to the final stage: conducting the referendum, which involves a yes or no vote by registered voters in the constituency,” Kunna said.

He added that this process involved mobilising staff, deploying election materials, transportation, and other resources, much like conducting three senatorial district elections.

“In my opinion, the recall process is much more expensive than conducting a single senatorial district election,” he said.

The Chief Press Secretary to INEC Chairman, Mr Rotimi Oyekanmi, acknowledged the high cost but emphasised that INEC must adhere to the law.

“What is important is what the law says we should do in each case if constituents wish to recall their representatives,” Oyekanmi said.

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Earlier, Oyekanmi explained that INEC’s regulations and the Electoral Act specified the process for conducting a recall election.

“The law allows a recall election only if the petitioners meet constitutional requirements, including submitting signatures from at least half of the registered voters in the constituency.

“Once the petition is received, INEC performs a preliminary check and then verifies the signatures.

“The lawmaker facing recall is informed and has the right to deploy agents to observe the process.

“Observers and media personnel can also participate in the verification and referendum,” he said.

Oyekanmi also addressed the possibility of online voting, stating that the Constitution did not permit INEC to conduct electronic voting.(NAN)

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