Senate To Formulate Law To Maximise Blue Economy

The Chairman, Senate Committee on Marine Transport, Senator Wasiu Eshinlokun, has said Senators of the 10th assembly are committed to formulating laws that will ensure Nigerians enjoy the benefits inherent in the blue Economy.
Eshinlokun disclosed this, Thursday, when he led members of the Committee on an oversight visit to the Nigerian Marítime Administration and Safety Agency (NIMASA), saying the bill to amend the NIMASA Act has passed the first reading on the Floor of the Senate.
He further said a constructive evaluation of the existing maritime legal framework was necessary to ascertain gaps for possible review.
The Chairman pledged that the Senate under the leadership of Senator Godswill Akpabio was committed to supporting the maritime sector, in line with the vision of the President Bola Tinubu.
“Let me inform you that the bill seeking amendment of the NIMASA Act has passed first reading on the floor of the senate.
“I have to say on behalf of my colleagues that we are with you on this journey, and we will not hesitate to support your vision, in as much as such is geared towards enhancing the potential of the maritime sector for national growth and development.
“With the creation of the Marine and Blue Economy Ministry by the President, a message has been passed to all stakeholders that the maritime industry has a huge role to play in our nation building.
“We must align with the vision of the President, and we must support the government to achieve a better country for all Nigerians”, Sanni stated.
Members of the Committee unanimously acknowledged NIMASA’s investment in the acquisition and building of a strong safety and security architecture.
Sanni said such effort was a confirmation that NIMASA was conscious of its mandate and strategic status as one of Nigeria’s major contributors to the country’s sustainable development.
Speaking, a member of the Committee, Senator Abdul Ningi, commended NIMASA’s Management, saying much progress has been made over the years.
“I have visited this Agency over the years, and must note that much progress has been made over the years. You have done very well”, he said.