Lagos pushes blue economy, climate action at summit
Lagos State Governor Babajide Sanwo-Olu pledged continued investment in ocean-based development and environmental protection during the 11th Lagos International Climate Change Summit, which examined financing mechanisms for African maritime economies and shoreline defense systems. The governor referenced the Great Wall of Lagos project as an example of converting vulnerable coastal areas into commercially viable territory, while the Nigeria-China Strategic Partnership urged better coordination between national and regional environmental policies to attract private sector funding.
Environment Commissioner Tokunbo Wahab announced plans for a biogas installation at the Ikosi-Isheri Fruit Market that will transform agricultural waste into electricity and organic fertilizer through collaboration with the C40 Global Leadership Group. Marine and Blue Economy Minister Gboyega Oyetola highlighted federal reforms targeting piracy reduction and maritime safety improvements in Nigerian waters.
The partnership’s investment management director, Taiwo Ajetunmobi, emphasized that policy consistency and transparent regulations remain essential for securing long-term capital commitments, noting the Lekki Deep Sea Port attracted over one billion dollars through effective government cooperation.
