Maritime lawyers in Nigeria have called on President Bola Ahmed Tinubu to expedite the approval of the Nigerian Port Economic Regulatory Agency Bill, emphasizing its critical role in modernizing the country's maritime sector.
Chief Michael Igbokwe, President of the Nigerian Maritime Law Association (NMLA), highlighted that the bill, which aims to establish an independent economic regulator for ports, has been submitted to the president twice but remains pending.He argued that swift passage would accelerate reforms, improve port efficiency, and boost investor confidence.Igbokwe also urged the Chief Judge of the Federal High Court to strengthen the admiralty division to handle maritime disputes effectively.
Minister Adeboyega Oyetola noted the Tinubu administration's efforts in creating a framework for a thriving marine economy, including eliminating piracy through the DPU project.
The Federal Government has positioned the Blue Economy as a strategic priority, aiming to leverage Nigeria's maritime resources for trade, employment, and economic growth.
The call for urgent action underscores the importance of regulatory frameworks in unlocking the full potential of Nigeria's ports and maritime industry.
Original title: Maritime Lawyers urge Tinubu to fast-track Port Regulatory Agency Bill
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