Africa Must Utilize Investment Opportunities in Nigeria's Blue Economy

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President Bola Tinubu has extended letters of invitation to countries worldwide, especially those on the African continent, to take advantage of the investment opportunities that abound in Nigeria's blue economy.

President Bola Tinubu has extended letters of invitation to countries worldwide, especially those on the African continent, to take advantage of the investment opportunities that abound in Nigeria's blue economy.

President Tunubu, who was represented by Vice-President Kashim Shettima, observed that while a flourishing blue economy is the bedrock of every vibrant nation, the only way to attain such an economy is through"a progressive naval force". "Let us work towards a maritime future that is secure, prosperous, sustainable and beneficial to all our people and the generations to come. I urge you all to feel at home and take advantage of the investment opportunities that abound in Nigeria's blue economy."

He congratulated the Nigerian Navy on its 68th anniversary, saying the nation remains immensely grateful for the service it has rendered in the past 68 years,"serving as a critical pillar of our security," even as he applauded the marine forces for creating"a sense of balance and stability" in the country.

Earlier in his welcome address, the Chief of Naval Staff , Vice Admiral Ogalla, said the outcome of the 2024 International Maritime Conference organised to commemorate the 68 anniversary of the Nigerian Navy will go a long way in enhancing its capabilities and strengthening existing collaborations in safeguarding the nation's maritime environment.

On his part, the Deputy Governor of Lagos State, Mr Obafemi Hamzat, while acknowledging the significant strides of the Nigerian Navy, especially in safeguarding the country's maritime domain, said the conference showcases the country's rich maritime heritage and the efforts of the navies in the Gulf of Guinea.

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