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NIIA critical in harnessing Nigeria’s Blue Economy, Jamoh declares

Blessing Oziwo by Blessing Oziwo
January 7, 2025
in Business
Reading Time: 2 mins read
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NIIA critical in harnessing Nigeria's Blue Economy, Jamoh declares

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh

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Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has declared that the Nigerian Institute of International Affairs (NIIA) has a critical role to play for Nigeria to fully harness the potential of the Blue Economy.

The NIMASA DG stated this while delivering a paper titled: Opportunities And Challenges In Harnessing The Blue Economy, at a seminar organised by the NIIA with the theme: Safety, Security And Development In Nigeria’s Maritime Domain: Problems, Strategies And Prospects.

Jamoh noted that collaboration among all organs of government in Nigeria and the organised private sector will accelerate harnessing the Blue Economy in Nigeria citing the successes of the Deep Blue Project which is hinged on robust collaboration.

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NIIA critical in harnessing Nigeria's Blue Economy

“Our task at NIMASA is to explore how Nigeria can maximise the benefits derivable from our Blue Economy. This concept of Blue Economy, which gained prominence a few years ago requires local, regional and international collaboration to manage critical factors. The Nigerian Institute of International Affairs should play a role in advising the government on policies which would facilitate the realization of the Blue Economy.

“Just as in maritime security, the Deep Blue Project has shown that through co-operation and collaboration, great results can be achieved reason why I appreciate the participation of the Economic and Financial Crimes Commission (EFCC) and the Nigeria Customs Service as well as the Nigerian Navy.”

Read Also: ASCETA dares COEASU over Egesi’s sack, insists union can’t teach Ikpeazu his job

On his part, Director-General of the NIIA, Prof. Eghosa Osaghae, while acknowledging the progress made in securing the Nigerian Maritime domain and the Gulf of Guinea, highlighted the importance of the Blue Economy globally while calling for sustainable use of ocean resources to be considered when shaping government policies.

He said: “When considered in economic terms, the global Blue Economy would be the seventh largest in the world which highlights its importance. As such, sustainable use of the Blue Economy for economic growth should be at the core of any policy formulation by the government.”

The NIIA is Africa’s Foremost Foreign Policy Think Tank to assist governments and societies in creating a secure and prosperous world.

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