Business
Afolabi Requires Port Infrastructural Renewal at Maritime Convention

…Oyetola highlights key achievements
Dr. Taiwo Afolabi, Chairman, SIFAX Group, has advocated for an overhaul of infrastructure on the nation’s seaports.
Talking on the 7th version of the Taiwo Afolabi Annual Maritime (TAAM) Convention held on the weekend on the University of Lagos, Afolabi famous that the supply of the related infrastructure at ports throughout the nation was the bedrock of an environment friendly port system that can faucet into the big potential of the nation’s maritime trade.
He mentioned: “Nigeria’s blue economic system Is a sleeping large. Now we have untapped potential alongside our huge shoreline that, if harnessed responsibly, can create new jobs, strengthen our ports, appeal to investments, and safeguard the environment for future generations.
“Infrastructure is on the coronary heart of this transformation. Trendy, resilient, and sustainable infrastructure will drive effectivity and competitiveness in our ports and maritime corridors.”
The Honourable Minister of Marine and Blue Financial system, Adegboyega Oyetola, who was the Particular Visitor of Honour on the occasion, highlighted key reforms by the Federal Authorities to reposition the maritime trade as a pillar of nationwide growth.
“The Nationwide Coverage on Marine and Blue Financial system gives a coordinated framework for alternatives in ports, fisheries, ocean governance, marine biotechnology, renewable power, and coastal tourism,” he famous.
The Minister revealed ongoing initiatives such because the Western Ports Rehabilitation Programme, the reconstruction of Apapa and Tin Can Ports, and the deliberate revival of the Nationwide Service by way of a public-private partnership mannequin.
He careworn that sustainability should information all infrastructure modernisation efforts, with emphasis on power effectivity, carbon discount and waste minimisation.
Nigeria’s improved maritime safety was additionally spotlighted by the Minister as one of many key areas of progress by the Ministry.
He famous that the nation has recorded zero piracy incidents in its territorial waters for 3 consecutive years, thereby stabilising the Gulf of Guinea and attracting world commendation.
He additionally confirmed Nigeria’s ambition to safe a Class “C” seat on the Worldwide Maritime Group (IMO) Council, a transfer geared toward shaping world maritime requirements.
The Minister additional known as for higher collaboration with the tutorial group within the areas of analysis into frontier applied sciences akin to marine robotics.
The convention, a collaboration between SIFAX Group and The Maritime Discussion board, University of Lagos, has grown into certainly one of Nigeria’s most revered platforms for maritime discourse, coverage reflection and trade networking.
Media Contact:
Olumuyiwa Akande
Group Head, Company Communications.

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