Nigeria, Dec. 16 -- Nigeria has secured a $1 billion innovation fund to support start-ups operating in the marine and blue economy sector.

The Chief Executive Officer of the Maritime Innovations Hub, Ronke Kosoko, disclosed this at a media parley organised in collaboration with the Ministry of Marine and Blue Economy on Monday in Abuja.

The event was attended by the Special Adviser to the President on Social Media, Olusegun Dada, as well as representatives of the National Inland Waterways Authority, Nigerian Maritime Administration and Safety Agency (NIMASA), the Nigerian Shippers' Council, and other ministries and government agencies.

Mrs Kosoko said the fund would be officially launched at the Blue Economy Investment Summit, schedule...