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Oyetola woos Danish investors to Nigeria’s blue economy with friendly investment climate

Salient Times Online by Salient Times Online
January 21, 2026
in Business
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Oyetola woos Danish investors to Nigeria’s blue economy with friendly investment climate
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Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has courted Danish investors to Nigeria’s fast-growing marine and blue economy sector, assuring them of a favourable investment climate, strong institutional support and promising returns in the maritime sector.

Oyetola gave the assurance on Tuesday, January 20, 2026, when he hosted the Ambassador of Denmark to Nigeria, Mr Jens Ole Bach Hansen, in his office in Abuja.

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In a statement by the Special Adviser to the Minister, Dr. Bolaji Akinola, Oyetola described Denmark as a valued maritime partner and expressed Nigeria’s readiness to deepen bilateral cooperation in unlocking the enormous opportunities within the marine and blue economy.

He assured Danish investors of a favourable investment climate, strong institutional support and promising returns in Nigeria’s maritime sector.

The Minister thanked the Government of Denmark for its support towards Nigeria’s election into Category C of the International Maritime Organisation (IMO) Council in November 2025, noting that the achievement has further strengthened Nigeria’s standing in global maritime affairs.

He also commended Danish investment in Nigeria’s port sector through APM Terminals, which operates in the Apapa and Onne Ports, describing it as a strategic contribution to the modernisation and efficiency of Nigeria’s maritime infrastructure.

Oyetola briefed the Ambassador extensively on the Ministry’s ongoing reforms and initiatives aimed at harnessing Nigeria’s marine and blue economy potential.

These include the development of a National Policy on Marine and Blue Economy, strengthened maritime security that has led to the elimination of piracy in Nigerian waters and a significant reduction of incidents in the Gulf of Guinea, port modernisation programmes, revitalisation of inland waterways, fisheries and aquaculture development, and conservation of marine biodiversity.

He noted that these initiatives are designed to drive sustainable economic growth, create employment, boost trade facilitation and position Nigeria as a leading maritime hub in Africa.

The Minister reiterated his invitation to Danish investors to take advantage of these opportunities, assuring them of government’s commitment to protecting investments and ensuring long-term sectoral growth.

Speaking earlier, the Ambassador congratulated Nigeria on its election into Category C of the IMO Council, describing it as a recognition of Nigeria’s growing leadership in maritime affairs.

He explained that membership of the IMO Council offers Nigeria a strategic platform to influence global maritime policy, contribute to international ocean governance, and participate in key decisions on maritime safety, security and environmental protection.

The Ambassador expressed confidence that Nigeria would bring its experience and regional influence to bear in advancing international maritime cooperation.

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He noted that Denmark and Nigeria share common interests in the marine and blue economy and expressed delight that APM Terminals has invested approximately $1.2 billion in Nigerian ports, with plans to make further investments to expand its operations.

Hansen also highlighted Denmark’s global expertise in wind energy and green maritime technologies, stating that his country is open to sharing knowledge and experience with the Federal Ministry of Marine and Blue Economy in renewable energy and other sustainable maritime solutions.

He affirmed Denmark’s readiness to explore broader collaboration with Nigeria in developing its marine and blue economy sector.

Both parties agreed to sustain engagement and work together to identify further areas of partnership, investment and technical cooperation in advancing Nigeria’s maritime and blue economy agenda.

Tags: Adegboyega Oyetola
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