Sanwo-Olu Tasks Executive, Legislature on Blue Economy Development

Lagos State Governor, Mr. Babajide Sanwo-Olu, has called on the executive and the legislature to develop the blue economy in Nigeria by paying greater attention to the sector.

Speaking during a courtesy visit by members of the Senate Committee on Marine Transportation led by its Chairman, Senator Wasiu Eshinlokun-Sanni at Lagos House, Marina, yesterday, Sanwo-Olu said all hands must be on deck to aggressively reduce bottlenecks for businesses to thrive in Lagos State, especially in the blue economy sector.

He said the visit of members of the Senate Committee on Marine Transportation to Lagos State for oversight functions was apt and strategic.

He, therefore, urged them to make adequate recommendations and suggestions to the larger body of the Red Chamber on how to move the country forward through the blue economy.

“First is to thank Mr. President (Bola Tinubu) for creating a new ministry called the Ministry of Marine and Blue Economy and the National Assembly has taken the right direction by setting up a proper committee to do oversight function in this very important national assignment.

“We know how the blue economy is transforming the indices of economic development and both the executive and legislature need to support this area such that our economic activities can better be developed, supervised and monitored.

“We need to aggressively reduce bottlenecks of businesses all around facilities and Lagos so that businesses can thrive; they can do well, generate desired revenue to keep people in employment, pay their taxes and create wealth for themselves, families and the nation in general.

“Lagos is happy that there is a whole team that is looking at the blue economy sector and we believe that when we work together, not only the sector will benefit but the entire economy itself will benefit tremendously from all the engagements,” he said.

The governor also commended the Tinubu-led administration for giving prompt attention to all the bridges that lead to various ports in Lagos State.

Earlier, Eshinlokun-Sanni said Lagos was critical to the blue economy, and that the Senate Committee on Marine Transport had visited Lagos State because 70 per cent of the activities in the sector takes place in Lagos.

He said some of the challenges to the growth and development of the blue economy in Nigeria like non-state actors, illegal collectors and ocean surge issues should be addressed immediately.