Stakeholders seek dedicated fund for coastal resilience
Experts and stakeholders at the 4th Ehingbeti Maritime Hub Summit have called for the establishment of a dedicated Coastal Resilience Fund to support coastal protection, infrastructure development and community empowerment across Nigeria. According to a recent statement, the call was made during the 4th Ehingbeti Maritime Hub Summit held in Lagos. The event brought stakeholders Read More:…
Stakeholders gathered at the 4th Ehingbeti Maritime Hub Summit in Lagos have urged the Nigerian government to establish a dedicated Coastal Resilience Fund. The summit aimed to explore the legal, regulatory, security and investment frameworks necessary to unlock Nigeria's blue economy potential and promote sustainable coastal development.
Jean Anishere, President of the Maritime Arbitrators Association of Nigeria, emphasized the need for a dedicated financing mechanism to address infrastructure deficits and improve living conditions in coastal communities. Anishere also called for international financing opportunities through climate funds, development banks and multilateral organizations to scale up coastal resilience.
The summit highlighted the importance of effective governance, regulatory certainty, and security for investors, as well as an inclusive approach that benefits coastal populations. Other key topics included improved waste management, sustainable fishing practices, and private-sector participation in blue tourism and marine-based enterprises.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
