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NIMASA Renews Pledge to Unlock Blue Economy Potential for Nigeria’s Development

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its dedication to harnessing the Blue Economy’s potential for Nigeria’s economic growth and development.

At the National Discourse event held on October 17, 2024, in Apapa, Lagos, Director-General NIMASA, Dr. Dayo Mobereola emphasized the maritime sector’s significance in global commerce and trade, accounting for over 80% of global commerce.

He highlighted Nigeria’s progress in realizing its maritime resources’ potential, guided by the National Maritime Strategy (NMS).

The strategy aims to ensure economic prosperity through sustainable maritime asset utilization. Represented by Owoh Fidelis, Deputy Director of Special Duties, Dr. Mobereola noted the Federal Government’s creation of the Ministry of Marine and Blue Economy demonstrates its commitment to economic diversification.

The Blue Economy, according to Dr. Mobereola, rests on three key pillars: economic growth, social equity, and environmental preservation.

He explained that the government strives to balance these elements for long-term sustainability while reducing dependency on oil and gas.

In his words, “NIMASA is actively working with stakeholders to harness Blue Economy opportunities, with a focus on sectors like fishing and deep seabed mining.

“The agency is also conducting sensitization campaigns within coastal communities to deepen understanding of sustainable maritime practices and preserve ocean resources for future generations.”

Regarding infrastructure, Dr. Mobereola noted that NIMASA has embraced the Public-Private Partnership (PPP) model to accelerate maritime development.

“The agency collaborates closely with the Infrastructure Concession Regulatory Commission (ICRC) to ensure the successful implementation of the Blue Economy framework.”

Dr. Mobereola appealed to the media for constructive reporting on the maritime sector, acknowledging their crucial role in promoting the Blue Economy.

He expressed optimism that Nigeria will soon see the tangible benefits of these initiatives.

The NIMASA DG called for sustained collaboration among stakeholders to achieve the Blue Economy’s goals.

This commitment aligns with previous efforts by NIMASA to harness the Blue Economy’s potential.

The agency’s initiatives demonstrate its resolve to drive economic growth, social equity, and environmental preservation through sustainable maritime practices.

As Nigeria continues to explore the vast opportunities in the Blue Economy, NIMASA’s leadership and collaboration with stakeholders will be crucial in achieving the sector’s full potential.

With sustained commitment and cooperation, the country is poised to reap the benefits of its maritime resources, driving economic growth and development for generations to come.

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