In a landmark decision to address port congestion and boost economic growth, President Bola Ahmed Tinubu has approved the establishment of Inland Dry Ports (IDPs) in Ijebu-Ode, Ogun State, and Moniya, Oyo State.
The initiative is part of a broader federal government effort to enhance Nigeria’s maritime infrastructure, alleviate congestion at Lagos ports, and generate employment opportunities, particularly for the nation’s youth.
The approval, announced by the Minister of Marine and Blue Economy, Adegboyega Oyetola, during the 2025 Budget Defence session before the Joint Senate and House of Representatives Committees on Marine Transport and Ports and Harbour, represents a major stride in the transformation of Nigeria’s maritime sector.
“These IDPs are critical for fast-tracking the decongestion of our Western Port System,” Oyetola explained.
The dry ports are designed to function as hubs for transportation, storage, and distribution, with the potential to significantly impact the economy of Ogun, Oyo, and other states in Nigeria’s western region.
Tackling Maritime Challenges
During his address, Oyetola outlined ongoing challenges in Nigeria’s maritime sector, including:
- Inadequate port infrastructure
- Silted river courses
- Limited fish production
To address these, the Ministry of Marine and Blue Economy has initiated several key projects and programs aimed at improving operations and boosting revenue generation.
“The Ministry is committed to improving maritime safety and security, increasing fish production, and deploying information technology to enhance operations,” Oyetola stated.
Strategic Framework for the Maritime Sector
Oyetola also revealed the completion of critical documents that will guide the future of Nigeria’s maritime policy:
- Nigeria National Blue Economy Strategy
- Fisheries and Aquaculture Policy
- Strategic Roadmap for Nigeria’s Blue Economy
“These documents provide a strong framework for the sustainable growth of Nigeria’s maritime sector, guiding infrastructure development and the expansion of the blue economy,” he added.
As the Ministry prepares for the 2025 Budget, Oyetola reaffirmed its commitment to building on past successes. The focus will be on improving port infrastructure, enhancing safety and security, and increasing opportunities within the maritime industry.
“Our goal is to sustain the achievements recorded in previous years and ensure that the maritime sector becomes a driver of economic development for all Nigerians,” Oyetola concluded.
This initiative is expected to bring lasting benefits, positioning Nigeria’s maritime sector as a key contributor to the nation’s economic transformation.