{"id":119605,"date":"2025-06-11T18:47:40","date_gmt":"2025-06-11T17:47:40","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=119605"},"modified":"2025-06-11T18:47:40","modified_gmt":"2025-06-11T17:47:40","slug":"nigeria-urges-world-leaders-to-increase-ocean-finance-ratify-treaty","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/nigeria-urges-world-leaders-to-increase-ocean-finance-ratify-treaty\/","title":{"rendered":"Nigeria Urges World Leaders to Increase Ocean Finance, Ratify Treaty"},"content":{"rendered":"<div style=\"text-align: justify;\">By Daniel Adaji<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Nigeria has called on world leaders to increase ocean finance and urgently ratify the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement to protect and sustain the world\u2019s oceans.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Speaking at the ongoing United Nations Ocean Conference in Nice, France, the Minister of Marine and Blue Economy, Adegboyega Oyetola, delivered Nigeria\u2019s national statement on behalf of President Bola Tinubu.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Special Adviser on Media and Communications to the Minister, Dr. Bolaji Akinola, confirmed these remarks in a statement on Wednesday.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cPrompt ratification of the BBNJ Agreement and increased funding for blue economy initiatives are crucial next steps that must be backed by political will, scientific rigor, and global cooperation,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Minister emphasised the need for \u201curgent and collective global action to secure the health of the oceans for future generations.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He urged developed countries, investors, and international development partners to support blue economy initiatives in developing nations with both technical expertise and financial resources.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The UN Ocean Conference, hosted by France and Costa Rica, brings together over 120 countries under the theme, \u201cAccelerating Action and Mobilising All Actors to Conserve and Sustainably Use the Ocean.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Affirming Nigeria\u2019s commitment, Oyetola said, \u201cNigeria has already signed the BBNJ Agreement and commenced its ratification process.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He added that the agreement&#8217;s full implementation, particularly the target of designating 30 per cent of global ocean areas as Marine Protected Areas by 2030, was \u201cessential for achieving the goals of SDG 14.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He warned, however, that \u201crealising this vision will require collective commitment to robust monitoring and enforcement frameworks capable of guaranteeing positive ecological outcomes.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Oyetola said Nigeria is dedicated to global ocean governance frameworks and domestic reforms, citing the country\u2019s National Blue Economy Policy, the National Policy on Marine Plastic Pollution, and the development of a roadmap for BBNJ implementation.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He noted that these initiatives are part of Nigeria\u2019s effort to \u201cincentivise sustainable diversification into ocean-based industries.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He also stated that Nigeria had \u201cspearheaded efforts among West African nations\u201d by developing a regional roadmap to propose a High Seas Marine Protected Area in the Convergence Zone of the Canary and Guinea Currents.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cMeaningful contributions in blue finance and the transfer of marine science are critical to enable better policymaking and foster sustainable ocean-based sectors,\u201d he added.<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Daniel Adaji Nigeria has called on world leaders to increase ocean finance and urgently ratify the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement to protect and sustain the world\u2019s oceans.&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":119606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-119605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria Urges World Leaders to Increase Ocean Finance, Ratify Treaty - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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