The Federal Government has strengthened its blue economy initiative with the approval of the Bakassi Deep Seaport, as the Minister of Marine and Blue Economy, Adegboyega Oyetola, presented the project’s certificate of compliance to Cross River State Governor, Senator Bassey Otu.
In a statement signed by his Special Adviser, Bolaji Akinola, Oyetola described the seaport as a strategic national asset aligned with President Bola Tinubu’s Renewed Hope Agenda, particularly in positioning Nigeria as a competitive maritime and logistics hub.
He assured that the Federal Government would continue to support Cross River State to ensure successful delivery of the project, commending Governor Otu for his commitment and pace of work.
“This project has the capacity to significantly boost livelihoods, create jobs, and expand economic opportunities not only for Cross River State but for Nigeria as a whole,” Oyetola said, pledging sustained collaboration with the state and private sector partners.
Strategic Asset for Maritime Growth
Governor Otu hailed the development as historic, describing it as a major milestone in Nigeria’s efforts to unlock the full potential of the marine and blue economy.
He noted that Cross River State is strategically positioned to play a leading role in maritime development, drawing comparisons with Brazil and other coastal nations with strong maritime economies.
“Receiving this certificate is a significant boost that brings balance and momentum to our pursuit. With the professionalism, diligence, and commitment of the ministry and private sector players, we are firmly on track with the deep seaport project,” Otu said.
He also commended Tinubu for establishing the Ministry of Marine and Blue Economy and appointing Oyetola as minister, calling both decisions timely and critical to the sector’s growth.
The Bakassi Deep Seaport forms part of the Federal Government’s broader strategy to expand Nigeria’s maritime capacity, decongest Lagos ports, and diversify the economy through marine and blue economy development.
Leveraging Cross River’s coastal location and proximity to international shipping routes, the seaport is expected to serve as a major cargo and logistics hub for Nigeria’s eastern corridor and landlocked regions in the North‑Central and North‑East.
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