- Lagos Building a Sustainable, Ocean-Powered Future – Sanwo-Olu
- Sanwo-Olu said Lagos would no longer limit its Atlantic coastline to tourism and recreation
- Oyetola said the Federal Government was committed to reforming maritime governance
Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s commitment to building a sustainable and ocean-powered future through the development of its Blue Economy, saying the state is ready to transform its aquatic resources into new engines of economic growth, Eko Hot Blog reports.
Speaking at the 2025 Lagos International Climate Change Summit held at the Intercontinental Hotel, Victoria Island, the governor said the initiative was aimed at unlocking sustainable financing, safeguarding ocean ecosystems, and building resilience for future generations.
EDITOR’S PICK
- Senate To Enact Stiffer Penalties For Artificial Fruit Ripening With Chemicals
- Augustine University Holds 2025/2026 Students’ Orientation Programme
- Akinloye Reaffirms Grassroots Development Commitment as Eredo LCDA Hosts 2026 Budget Forum
The two-day summit, themed “Blue Economy, Green Money: Financing Africa’s Coastal Resilience and Ocean Innovation,” brought together global and local stakeholders, including policymakers, financiers, innovators, and climate experts.
Sanwo-Olu said Lagos would no longer limit its Atlantic coastline to tourism and recreation but would fully harness the opportunities within its aquatic environment to drive innovation, commerce, and sustainability.
“We are driving ocean innovation to reimagine commerce and mobility. Lagos does not wait for the future; Lagos builds it. And this future is sustainable, inclusive, and ocean-powered,” the governor said.
He explained that the state’s Blue Economy roadmap rests on three pillars: resilience, innovation, and financing, emphasizing that investments in Lagos’ coastal resilience were not acts of philanthropy but “smart economics.”
The governor added that Lagos was taking the lead in promoting green and blue financing models that merge development and decarbonization, positioning the state as a model for Africa’s climate adaptation efforts.
“The blue economy is not just an economic concept; it is a lifeline for the planet. The green transition is not an obligation; it is an opportunity to rebuild better,” he said.
Commissioner for the Environment and Water Resources, Tokunbo Wahab, said the summit was designed to inspire participants to see the ocean as “a living system to be nurtured, not merely a resource to exploit.”
“The Blue Economy represents a new frontier for sustainable prosperity. Lagos isn’t just talking about this vision, we are taking concrete steps to bring it to life,” Wahab noted.
In his remarks, the Minister for Marine and Blue Economy, Gboyega Oyetola, represented by the Director-General of NIMASA, Dr. Dayo Mobereola, described Lagos as pivotal to Nigeria’s maritime ambitions.
Oyetola said the Federal Government was committed to reforming maritime governance, strengthening ocean conservation, and positioning Nigeria as a key player in Africa’s Blue Economy.
“Lagos State is key to achieving this vision, with ongoing roadmaps focused on marine conservation, innovation, and sustainable use of ocean resources,” he said.
The minister assured that the federal government would continue to collaborate with public and private stakeholders to enhance maritime security and unlock long-term benefits for Nigeria’s coastal communities.
FURTHER READING
- Surah Animashaun Empowers Traders, Marking 100 Days of People-Focused Leadership
- Epe Division Sets Pace as APC Chairman’s Cup LOC Officially Inaugurated
- PDP Suspends Ibadan Convention After Federal High Court Judgment
Click here to watch video of the week
