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:…
The 4th Ehingbeti Maritime Hub Summit in Lagos has led stakeholders to call for the establishment of a dedicated Coastal Resilience Fund to support coastal protection, infrastructure development, and community empowerment across Nigeria. The summit, which gathered stakeholders to discuss the legal, regulatory, security, and investment frameworks required to unlock Nigeria's blue economy potential and promote sustainable coastal development, heard Jean Anishere, President of the Maritime Arbitrators Association of Nigeria, call for such a financing mechanism to address infrastructure deficits and improve living conditions in coastal communities.
Anishere urged Nigeria to explore international financing opportunities through climate funds, development banks, and multilateral organizations to scale up coastal resilience and community development.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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