Why potentials in blue economy must be optimally harvested – Dosunmu

Former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Ade Dosunmu, has reiterated the urgent need for Nigeria to harness the vast opportunities within the blue economy as a strategic pathway to diversify the nation’s economy.

Dosunmu made the call while delivering a lecture titled “Blue Economy and Economic Diversification: Opportunities and Challenges” at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Jos.

In his presentation, he highlighted blue economy’s potential to drive economic growth, job creation, and sustainable development. He stressed the sector’s capacity to reduce Nigeria’s over-reliance on hydrocarbons, emphasising the urgency of tackling key challenges, including regulatory gaps, environmental threats, and capacity constraints.

“The Blue Economy offers a unique and timely solution to Nigeria’s perennial dependence on hydrocarbon resources,” Dosunmu stated, adding that, “With strategic reforms, robust policies, and stronger collaboration among agencies and stakeholders, the sector can significantly boost national revenue and secure a prosperous future for our country.”

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