By Andrew Ahonsi, 12th August, 2025
CONGRATULATIONS NIGERIA!
THIS IS REALLY REALLY BIG! AND, IT IS PRESIDENT TINUBU’S BIG MOMENT!
News SOCIETY WATCH following for you ; Nigeria has secured the expansion of Nigeria’s maritime border by the United Nations into the Gulf of Guinea by 20 NAUTICAL MILES from 200 to 220.
This expands the size of Nigeria by an additional 16,300 Square Kilometres, about 5 times the size of Lagos State, or 25 times the size of Bakassi Peninsular which Nigeria lost to Cameroon.
This development is expected to boost Nigeria’s economic fortunes considerably.
Economic Implications, Resource Exploration and Exploitation:
The extension grants Nigeria rights to explore and exploit marine resources, including fisheries, oil and gas reserves, and minerals, within the expanded area.
Exclusive Economic Zone (EEZ) Development:
The extended maritime boundary can contribute to the development of Nigeria’s EEZ, attracting investments in maritime-related industries, such as shipping, fisheries, and offshore oil and gas activities.
Revenue Generation: Increased economic activities in the expanded maritime area can generate additional revenue for the Nigerian government through taxes, royalties, and other fees.
Job Creation:
New economic activities in the extended maritime zone may lead to job creation in sectors like maritime, fisheries, and oil and gas.¹
Potential Benefits:
Increased Oil and Gas Production:
The additional 20 nautical miles of continental shelf is believed to have huge potential for hydrocarbons, which can increase Nigeria’s daily crude oil production and boost its economy.
Fisheries and Food Security:
The extended area can provide a sustainable means to meet local demand for fish and potentially create surplus for export, addressing Nigeria’s demand deficit for fisheries.
Solid Minerals Exploitation:
The new territory may also hold potential for exploiting other abundant natural minerals, contributing to Nigeria’s economic growth.
Nigeria Must Succeed
