Business
Blue Economy Minister Charges Stakeholders On Africa’s Maritime Potential
Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on Maritime stakeholders across Africa to leverage the continent’s renewable energy potential to become a global leader in green shipping.
The Minister made the remark at the maiden Africa Strategic Summit on Shipping Decarbonization, held at the Congress Hall, Transcorp Hilton, Abuja, according to a statement issued by the Head, Public Relations, Nigerian Maritime Administration and Safety Agency (NIMASA), Osagie Edward.
He stated that, with the International Maritime Organization (IMO) advancing efforts to adopt the Greenhouse Gas (GHG) Emissions Reduction Strategy, Africa must assert its presence and safeguard its interests.
In the same vein, Dr. Dayo Mobereola, Director General, NIMASA, emphasized that Africa must prioritise sustainable and responsible maritime practices in line with international frameworks as the continent develops.
Oyetola said, “With over 90 per cent of global trade facilitated by maritime transport, reducing GHG emissions from shipping is not just an environmental necessity, but an economic imperative.
“Africa must ensure that its voice is heard, and its interests safeguarded in shaping policies that impact our economies and livelihoods.
“Shipping decarbonisation goes beyond just shipping, as it touches various sectors of the economy and livelihoods. Decarbonising the shipping industry must be pursued in a manner that is just and equitable, ensuring that no African nation is left behind.
“Africa’s maritime sector is uniquely positioned to leverage its strategic geographic advantage, renewable energy potential, and growing Port infrastructure development to become a global leader in green shipping.
“This requires a concerted effort from all stakeholders to align investments with sustainability and economic growth”, Oyetola said.
In his welcome address, Mobereola, said, “The shipping industry accounts for approximately 3 percent of global GHG emissions, contributing to climate change.
“The environmental concerns arising from these emissions have created a sense of urgency, driving the world to focus on shipping decarbonization, and Africa must not be left behind.”
He noted noted that the focus of the two-day summit is on Africa’s cooperation regarding the IMO’s GHG strategy and the basket of mid-term measures, ensuring a just and equitable transition for the continent and enhancing its technical capacity for climate action.
He further stated, “The decisions we make today will shape the future of our maritime industry and our contribution to global climate goals. This summit provides a unique opportunity to align our regional strategies with international frameworks while addressing Africa’s challenges and opportunities”.
Key presentations at the summit include “IMO’s Journey So Far in Its GHG Reduction Strategy” by Dr. Harry Conway, Chairman of the IMO’s MEPC and Alternate Permanent Representative of Liberia to the IMO; and “The Role of Africa’s Maritime Administrations in Shaping Shipping Decarbonization”, by Mr. John Oming’o, President of the Association of African Maritime Administrations.
Oming’o highlighted the benefits of decarbonisation to include, reduction of global warming to 1.5 degrees Celsius, job creation in renewable energy, ship building, research and development, improved air quality near ports and coastal cities, port modernisation for clean and efficient logistics, green fuel production hubs, among others.
Nkpemenyie Mcdominic, Lagos
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