By Francis Akinnodi

Minister of Marine and Blue Economy, Adegboyega Oyetola has signed a performance bond with chief executive officers and directors of agencies and departments under the ministry.

The performance bond, is a joint commitment to turn around the socio-economic fortune of the newly created Federal Ministry of Marine and Blue Economy.

Information obtained from the Twitter handle of Ismail Omipidan, spokesperson to the minister, said the initiative was aimed at strengthening efficiency, proficiency and effectiveness for the overall development of the Marine and Blue Economy sector.

“The Ministry of Marine and Blue Economy is prepared and set to actualise its deliverables and contribute to the actualisation of President’s Renewed Hope Agenda.”

The signing of the Performance Bond followed a fruitful and resourceful two-day retreat, organised by the Ministry in Lagos, to chart a new course towards actualising its lofty objectives.

With that the signing of the performance bond, he said, the Ministry has become the first to cascade the Performance Bond initially signed with President Bola Tinubu to its Directors and Chief Executive Officers (CEOs).

On his part, Director General of NIMASA, Bashir Jamoh assured of steady and measurable progress within the period covered by the Bond.

He made a presentation on how to deploy an effective security architecture for the Exclusive Economic Zone to sustainably harness the Blue Economy potentials of the country.