The Federal Ministry of Marine and Blue Economy has signed a landmark Memorandum of Understanding (MoU) with the Abu Dhabi Ports Group to bolster collaboration in port development, maritime logistics, and digital solutions.
This strategic agreement marks a pivotal moment in strengthening economic ties between Nigeria and the United Arab Emirates (UAE).
The pact was sealed on the sidelines of the recently concluded Abu Dhabi Sustainability Week, highlighting a shared commitment by both nations to sustainable growth within the maritime and blue economy sectors.
The Nigerian delegation was led by the Minister of Marine and Blue Economy, Adegboyega Oyetola while the Abu Dhabi Ports Group was represented by its Chairman, Mohamed Hassan, who led the Group’s management team.
The signing ceremony also witnessed the presence of Dr. Dayo Mobereola, the Director General and Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA).
Following the ceremony, the delegation briefed President Bola Ahmed Tinubu on the details of the agreement, emphasizing its strategic importance to revitalizing Nigeria’s maritime sector and achieving broader economic objectives.
Described as a breakthrough after being under consideration for over two decades, the MoU is a key component of the wider trade and investment engagements between the Federal Republic of Nigeria and the UAE.
Its execution signals a renewed resolve to deepen bilateral cooperation, attract foreign direct investment, and enhance efficiency across port operations through digital transformation.
Industry stakeholders anticipate that this partnership will unlock significant opportunities for capacity building, infrastructure upgrades, and the deployment of technology-driven solutions.
These advancements are expected to position Nigeria to better harness the vast potential of its marine resources in alignment with global best practices.