.

Are there any Islands there?

immortalcrown:
May it be used in the interest of the masses.

Taaar, Chagoury family business is not for the masses

Everything is always shrouded in secrecy.

RingRoadMafia:
stale

Why are you in so much pain na?

This good news just dey pepper OBIDIENTS for body

Nigeria has not taken full advantage of her Cabotage Law (leading to job loss & higher than neighbors port charges); it is not fishing the Waters for her citizens (no investments in needed vessels); it still uses foreigners to produce her offshore oil & gas (no equipment, no finance)...

What exactly is the celebration here

So many responses salivating at the prospect of oil and gas drilling. Why not make this area a protected territory and preserve the biodiversity in that area?

The Omo Onile President.

FreeStuffsNG:


President Bola Tinubu has received the report of the High Powered Presidential Committee on Nigeria’s Extended Continental Shelf Project which aims to extend Nigeria’s maritime boundaries by the United Nations Convention on the Law of the Sea, 1982.

This came with a commendation from the Preside to the team of experts whom he praised for working hard over the years to advance the project.

Tinubu expressed his appreciation on Tuesday in Abuja after listening to technical presentations by Professor Larry Awosika, a marine scientist and member of the Committee, and Aliyu Omar, Secretary of the HPPC.

The President’s Special Adviser on Media and Publicity, Ajuri Ngelale, revealed this in a statement he signed on Tuesday titled ‘Extended continental shelf: Nigeria gains additional territory as President Tinubi receives the report from the committee.’

The experts have been involved in the project since Nigeria’s initial submission to extend its continental shelf to the United Nations Commission on the Limits of the Continental Shelf in 2009.

They informed Tinubu that the UN has approved Nigeria’s submission, granting sovereignty over additional square kilometres of maritime territory.

”When the HPPC briefed former President Muhammadu Buhari in 2022 on the status of the project, the United Nations Commission on the Limits of the Continental Shelf was still considering Nigeria’s submission and having technical interactions with the HPPC.

”These interactions and consideration have now culminated in the approval for Nigeria to extend its continental shelf beyond 200M (200 nautical miles).

”As it stands now, the area approved for Nigeria is about 16,300 square kilometres, which is about five times the size of Lagos State,’’ Omar told the President.

He added that the official notification of the decision was conveyed to Nigeria by the UN Nations Commission on the Limits of the Continental Shelf in August 2023, shortly after President Tinubu assumed office.

Omar outlined the available options for Nigeria following the approval:

”The first option is to take the area gained and finalise the registration with the UN Secretary-General and close everything, meaning that we are satisfied with what we got. This will take at least one year.

”The second option is to take what we have right now, acquire more data, do a support write-up, and make a revised submission as recommended by CLCS for further consideration. This will take another four years.
”Either way (options), Nigeria will keep what has been approved.’’

In his presentation, Prof. Awosika explained that the approval came after years of meticulous scientific research on geophysics, geology, geography, and diplomatic efforts, which solidified Nigeria’s legal rights over a vast expanse of seabed and subsoil beyond its traditional territorial waters.

He highlighted the economic potential of the newly acquired territory, which includes hydrocarbons, gas, solid minerals, and a wide variety of sedentary species.

However, the marine scientist cautioned against total disclosure of sensitive data acquired during surveys, noting that this will jeopardize confidentiality as Nigeria is expected to monetise the information to recover project expenses.

Responding, the President thanked the experts for their diligence, emphasising the significance of the achievement for Nigeria’s economic and strategic interests.

‘‘This is big congratulations for Nigeria,’’ he said while recounting how former President Buhari had briefed him on the importance of the project.

”At COP28 in Dubai, I also exchanged views with President Lula of Brazil on the need for collaboration within our economic and maritime boundaries.

”Today, it is a great honour for me to receive this report. I have listened attentively to this very specialised report, and I know it took a whole lot of effort to get to this stage.

”I commend the team, and we must take advantage of this and invite you again to have a repeat of this knowledge exploration on geography, hydrography, and marine life,” he added.

According to him, Nigeria is grateful for the efforts invested into gaining additional territory for the country without going to war.

“Some nations went to war, lost people and economic opportunities.

”We lost nothing but have gained great benefits for Nigeria. We will pursue the best option for the country,” the President said.

Chairman of the HPPC, Hassan Tukur, Chief of Staff to the President, Femi Gbajabiamila, and the Minister of Marine and Blue Economy, Adegboyega Oyetola, also attended the meeting.


https://punchng.com/nigeria-gains-marine-territory-five-times-lagos-size/

Impressive... Part of the Blue Ocean economic strategy.

Gbadugbakun:

U r always hungry and talking about hunger. why na? R you not gainful employed?

pquaver:

U r always hungry and talking about hunger. why na? R you not gainful employed?

Do you want to give me a job?