Oyetola seeks adequate funding for marine, blue economy sector — Nigeria — The Guardian Nigeria News – Nigeria and World News

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Mr Adegboyega Oyetola, the Minister of Marine and Blue Economy, has presented N11.77 billion capital budget proposal and N453,856 for overhead to the National Assembly for appropriation.

Oyetola made the presentation on Tuesday in Abuja to a joint committee of the National Assembly.

The committees concerned were the Senate Committee on Marine Transport, and the House of Representatives Committee on Harbour, Maritime and Safety Education and Administration, Inland waterways and Shippings.

The minister, however, appealed to the joint committee for greater budgetary provision, stating that quantum investment through the capital budget was necessary for it to deliver on its lofty mandate and potential.

“Today’s budget defense is in respect of the Federal Ministry of Marine and Blue Economy and the laying of the Government Owned Enterprises (GOEs) budget.

“This includes the Nigerian Ports Authority (NPA), Nigerian Maritime…



Source: Guardian Newspaper