 President Mahbada Buhari is confident that the incoming administration of President-elect Bola Hamid Tanubu would continue to provide crucial support to the Nigerian Navy. The President was at the Presidential Fleet Review in Lagos, possibly the last by him in his capacity as President and Commander-in-Chief. Buhari expressed satisfaction with the array of naval assets on display and combat readiness of the Nigerian military. At this rate, I have no doubt that our Navy will soon commence construction of larger ships for itself and other navies in the region and beyond. This achievement is a great pride to Nigeria and an impressive contribution to national development. This is why the theme of this 2023 Fleet Review, Fleet Readiness for National Prosperity, was carefully chosen to underscore responsibility of the Navy to infringements in our many times spaces and in the Gulf of Guinea, those attainment of national prosperity. I must say that the Navy has put its best into effective use as evident in success recorded in the fight against resource theft, counter-drug operations, and piracy. As you are aware, piracy reduced significantly over the past seven years, which culminated in delisting Nigeria from the list of piracy-pronged countries by the International Maritime Bureau in March 2022. Furthermore, application of technology to secure the many-time domain has supported intelligence-driven development of these ships.