Oyetola: After Generating N1.83tn, Marine Ministry to Revive National Shipping Line

THISDAYLIVE | 31-08-2026 05:19am |

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, announced that the ministry generated N1.83 trillion in 2025, a 160% increase from N700.79 billion in 2023. He stated that plans are underway to revive a national shipping carrier through a Public-Private Partnership (PPP). Oyetola also noted that Nigeria has recorded zero piracy in its territorial waters for four consecutive years. The minister described the ongoing seaport upgrades as the most ambitious in five decades.

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