FG Revalidates Ondo Deep Sea Port Licence, Positions State as Emerging Blue Economy Hub
Kathy Kyari
The Federal Government has revalidated the certificate for the Ondo Deep Sea Port, marking a significant step toward unlocking Ondo State’s maritime, industrial and blue economy potential.
The Honourable Minister of Marine and Blue Economy, His Excellency Dr Adegboyega Oyetola, formally presented the revalidated certificate to the Governor of Ondo State, Hon. Lucky Aiyedatiwa, at his office in Abuja on Thursday, 18 December 2025.
Describing the revalidation as a strategic federal intervention, Dr Oyetola said the deep sea port would serve as a catalyst for trade expansion, industrialisation and regional economic integration, in line with the Federal Government’s agenda to diversify the economy through maritime infrastructure and coastal development.
“The Ondo Deep Sea Port is not just a project for Ondo State; it is a national asset that will strengthen Nigeria’s competitiveness in global shipping, reduce pressure on existing ports, and create a new hub for exports, manufacturing and job creation,” the minister said.
He noted that the port’s Atlantic-facing location would enhance non-oil exports, improve ease of doing business and attract foreign direct investment into the South-West and the wider Nigerian economy.
“The revalidated licence provides certainty to investors and sends a strong signal that Nigeria is ready for serious maritime investments. With the supporting infrastructure planned around the port, Ondo State is positioning itself as a major player in the blue economy,” Minister Oyetola added.
Receiving the certificate, Governor Aiyedatiwa expressed gratitude to President Bola Ahmed Tinubu and the Federal Executive Council for approving the revalidation, describing it as the outcome of years of sustained effort and commitment.
“This revalidated certificate is a turning point for Ondo State. It validates our vision for industrial growth, job creation and sustainable development anchored on our long coastline and maritime assets,” the governor said.
He explained that the original licence, obtained during his tenure as deputy governor, had encountered setbacks due to a naming error in the initial business case, necessitating the submission of a fresh and comprehensive proposal.
Governor Aiyedatiwa disclosed that his administration was already prioritising critical supporting infrastructure, including the dualisation of access roads to industrial corridors and other modernisation projects. He added that plans were also underway for residential, educational and hospitality facilities to support the anticipated influx of workers, investors and ancillary businesses.
The governor reaffirmed that the Ondo Deep Sea Port and its associated developments would deliver statewide benefits, driving inclusive economic growth across all local government areas and positioning Ondo as a key maritime and industrial destination in Nigeria.
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