shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » FG Targets Deep Seabed Exploration, Mining For Economic Diversification

FG Targets Deep Seabed Exploration, Mining For Economic Diversification

by Joshua
September 19, 2024
in Featured, News

The Federal Government is to explore deep seabed exploration and mining activities to harness the vast resources of the blue economy and drive economic growth.

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, said this on Wednesday in Abuja in his opening address at the stakeholders` sensitisation workshop on “ Deep Seabed Activities“.

Ouetola who was represented by the ministry’s Permanent Secretary, Mr Micheal Oloruntola, described seabed minerals as  the mineral resources found on or beneath the ocean floor.

According to him, the government is  committed to diversifying the national economy by capitalising on the global surge by harnessing the vast potential of marine resources.

“As a major oil-producing country with extensive coastline and inland waterways, we cannot afford to lag in this new frontier.

“This transition from a fossil fuel-based to a mineral-based economy presents opportunities for Nigeria to leverage its marine resources, particularly wave and tide energy, to generate clean energy.

“Effective harnessing of these resources will significantly contribute to our national`s energy needs and national economy,“ he said.

He said the workshop aimed to raise awareness among critical stakeholders on the importance of deep seabed exploration and exploitation and addressing the environmental and social implications.

He added that the workshop would also focus on ensuring effective protection of the marine environment from harmful effects that might arise from deep seabed activities.

Also speaking, Dr Dayo Mobereola, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), encouraged all relevant stakeholders to join forces to collectively navigate the new frontier of marine and blue economy.

He further urged the relevant stakeholders to ensure that Nigeria`s deep sea resources contribute to the prosperity and sustainability of the nation in line with international best practices.

“Nigeria has long benefited from its offshore oil and gas resources. As we look to the future, deep sea mining presents a unique opportunity for Nigeria to diversify its economy and secure long-term economic growth.

“It is an integral part of the blue economy, promising technological advancement, resource security and job creation, “ he said.

According to him, the deep seabed refers to the deepest part of the ocean extending from approximately 200 meters to 11,000 meters depth, which is home to unique ecosystems and biodiversity.

He said It remained a largely unexplored frontier, with ongoing research and development aimed at understanding its ecosystem, resources and potential applications.

According to him, deep seabed mining is an emerging concept that could improve the economic activities of a country , which involves the extraction of mineral deposits from the ocean floor.

He explained that the extraction of such minerals has metals such as copper, nickel, cobalt, and gold crucial for modern technologies and green energy solutions.

“There has been high interest in deep seabed mining due to the significance of these metals.

‘However, there have not been commercial operations of the mining as there are concerns about environmental impacts and the need for a regulatory framework.

“The deep seabed is therefore believed to hold vast reserves of these minerals, possibly in quantities that could significantly reduce the world’s dependency on land mining,” he said.


Related Posts

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

July 1, 2025
Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

July 1, 2025
MONDAY INTERVIEW: “The Transition To Nigerian Ports Economic Regulatory Agency  Is A Crucial Next Step”—Pius Akutah

Industry Conflict Resolution: Nigeria Saved N6bn In 2024 – NSC 

July 1, 2025
Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

July 1, 2025

Latest News

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

July 1, 2025

Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

Industry Conflict Resolution: Nigeria Saved N6bn In 2024 – NSC 

Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

CRFFN Rallies Freight Forwarders for Digital Transformation, Targets AfCFTA Market Opportunities

Nwagbara Advocates Anti-Harassment Policies, Risk Assessment on Nigerian Vessels

FRONT PAGE COMMENT: Adewale Adeniyi: Two Years of Steady Hands at the Helm of Nigeria Customs

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Tinubu Hails Customs CG’s WCO Council Election

FG To Begin Boat Manufacturing, Phase Out Rickety Vessels –Shippers Council

Nigerian Exporters Reject AfCFTA over Poor Infrastructure, Dollar Dependence, Policy Gaps  

Stakeholders Decry Power Tussle Over Wreck Removal, Demand Transparency from NIMASA on Sea Protection Levies 

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition