President Bola Tinubu has received the report of the High Powered Presidential Committee (HPPC) on Nigeria’s extended continental shelf project, marking a significant milestone in the nation’s maritime advancement.
The project, in line with the United Nations Convention on the Law of the Sea (UNCLOS) 1982, aims to broaden Nigeria’s maritime boundaries. After years of dedication and expertise, the UN has approved Nigeria’s submission, granting sovereignty over additional square kilometers of maritime territory.
Speaking in Abuja, President Tinubu expressed appreciation for the diligent efforts of the expert team led by Professor Larry Awosika and Surveyor Aliyu Omar. Surveyor Omar revealed that Nigeria’s approved area now spans approximately 16,300 square kilometers, equivalent to five times the size of Lagos State.
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Following the UN’s decision, Surveyor Omar outlined two options for Nigeria: finalizing registration with the UN Secretary-General or submitting further data for consideration, a process that could take up to four years.
Professor Awosika emphasized the economic potential of the expanded territory, including hydrocarbons, gas, solid minerals, and diverse sedentary species. However, he underscored the need for confidentiality to maximize the economic benefits while recovering project expenses.
President Tinubu’s receipt of the report marks a significant achievement in Nigeria’s maritime history, paving the way for enhanced economic opportunities and strategic development in the region.”
