The President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, has beckoned on all international bodies associated with the maritime sector to foster cooperation to improve Africa’s sea sector.
The President, who was the Vice President of Kashmir Shettima, ably represented, Spoke at the International Maritime Conference in Lagos.
The conference, which was set out to celebrate the 68th anniversary of the Nigerian Navy, saw the Vice President give the speech of the President, where he described the problems embattling the maritime sector and how International bodies have to work together to solve them.
Speaking further, he compared the theme of the conference: “Promoting the Blue Economy in Africa through International Cooperation on Maritime Security,” and described it as a stepping stone with the United Nations Sustainable Development Goal 14, the Vision of Africa’s Integrated Maritime Strategy 2050, and Africa’s Agenda 2063.
He described how the sea trade sector in the whole world is worth over a whooping amount of US $1.5 trillion per year and is gauged at increasing to US $15.5 trillion by 2050. He acknowledged that the maritime sector and sea trade caters to about US $300 billion for the continent and, in the process, provides employment to over 49 million people.
He described Africa’s sea trade to gain a value of US $405 billion by 2030. He then advised that the Navy’s effort in partnering with other African nations would pay dividends in the long run.
He praised the Navy for doing its best to eliminate threats that could disrupt the maritime sector and foster bonds with other agencies to reduce potential issues.
Speaking further, he promised more support and funds to assist the Navy in its quest to boost the maritime sector and make the continent highly successful through effective partnerships with other nations to ensure ease.
He reiterated that the government, in its responsibilities, would continue to ensure its unwavering support to the Navy and how the Navy should keep fostering cooperation with other bodies and nations to tackle threats that may arise, which would need cooperation from others to tackle it.
