The Nigeria–China Strategic Partnership (NCSP) has called for greater coordination between federal, state, and international climate policies to unlock billions of dollars in private investment for Nigeria’s emerging Blue Economy.
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Speaking at the 11th Lagos International Climate Change Summit (LICCS), held from November 6–7, 2025, at the Lagos Continental Hotel, NCSP Director-General, represented by Mr. Taiwo Ajetunmobi, Head of Investment Management, commended the Lagos State Government for its leadership in subnational climate action, describing it as a “continental model for sustainable growth.”
Organized by the Lagos State Ministry of the Environment and Water Resources, the summit— themed “Blue Economy, Green Money: Financing Africa’s Coastal Resilience and Ocean Innovation”— brought together policymakers, investors, climate experts, and development partners to explore innovative financing for ocean-based and climate-resilient projects.
With Lagos boasting a 180-kilometre coastline and a vibrant private sector, the Director-General described the state as a natural frontrunner in Nigeria’s Blue Economy revolution. He highlighted the Lekki Deep Sea Port as a shining example of effective collaboration between federal and state governments—one that has already attracted over $1 billion in private equity, reinforcing Nigeria’s position as a regional maritime hub.
“Investors look for three things—policy coherence, regulatory predictability, and project bankability,” he explained. “When these align, private capital follows. By connecting federal vision with state-level execution, Lagos can unlock billions in blended finance for coastal resilience and sustainable infrastructure.”
He also encouraged the adoption of robust Public–Private Partnership (PPP) models such as Build–Operate–Transfer (BOT), Design–Build–Finance–Operate (DBFO), and Lease–Develop–Operate (LDO), while urging reforms that improve transparency, standardize processes, and strengthen institutional capacity.
The NCSP further underscored China’s growing role as a strategic partner in Nigeria’s Blue Economy, noting investor interest in waste-to-energy, solar-powered cold chain, and water transport projects.
“China leads globally in clean energy and marine infrastructure,” the DG noted. “With transparent and commercially viable frameworks, Lagos can attract long-term equity partnerships that deliver real value to its people.”
He concluded with a call for collective action:
“The tide of opportunity is rising, and Lagos must rise with it. By aligning state, federal, and global strategies, we can turn Nigeria’s maritime potential into real wealth and shared prosperity.”
The Nigeria–China Strategic Partnership reaffirmed its commitment to advancing projects that strengthen Nigeria’s climate resilience and position Lagos as a leading hub for sustainable Blue Economy innovation in Africa.
