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The Director General of NIMASA, Dr. Dakuku Peterside (Center) and other discussants at the 23rd Nigerian Economic summit which held in Abuja recently.

Blue economy, world’s fastest growing sector yearning for exploitation- NIMASA DG


.Charges Nigerian investors to take opportunity

(TRADE NEWSWIRE): The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr.Dakuku Peterside, has charged Nigerians to key into the opportunities afforded by the Blue economy stating that it is the fastest growing sector in the world with enormous business potentials, TRADE NEWSWIRE reports.

In a statement obtained by TRADE NEWSWIRE from the Head of Corporate Communications, NIMASA, Isichei Osamgbi, the DG who made this known recently at the 23rd Nigerian Economic summit themed “Opportunities, Productivity and Employment: Actualizing the Economy Recovery and Growth Plan” said that with the length of the nation’s coastline and the attendant volume of maritime trade.

He added that Nigeria is at an advantage of developing the blue economy and stakeholders have to actively participate to reap the benefits of the sector.

(Blue Economy): is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health of the ecosystem, activities of Blue Economy includes Renewable energies; Fisheries; Maritime Transport; Tourism; Climate Change; and Waste Management.

According to Peterside, “developing the blue economy is paramount across the globe now, and the public and private sector have to collaborate to sustainably harness the potentials of our maritime sector for the benefit of the Nigerian economy especially as the Federal Government continues the economic diversification drive.”

The NIMASA DG also stated that it was high time Nigerians began to tap into the opportunities embedded in our   maritime  sector  adding that economies of the likes of Singapore, Ukraine and South korea thrives on the activities of their maritime sector.

He further suggested that with improved maintenance culture, adequate data management and statistics as well as articulated actions from stakeholders backed up with political will, Nigeria will be a leading light in the comity of maritime nations.

From Left: The Director General of NIMASA, Dr. Dakuku Peterside, Executive Director Maritime Labour and Cabotage Services NIMASA, Mr. Gambo Ahmed and The Executive Director Finance and Administration NIMASA Mr. Bashir Jamoh having a chat at the 23rd Nigerian Economic summit which held in Abuja recently.

Peterside further advocated synergy within stakeholders stating that the Agency with the support of the Federal Government is working assiduously to ensure that Nigerians reap the benefits that abound the sector. He pointed out that the newly approved maritime security architecture will effectively reduce piracy and other related sea crimes.

The Nigerian Economic summit serves as a platform where stakeholders from both public and private sectors converge to chart a way forward for the development of the Nigerian economy. This year’s event had  notable maritime stakeholders which included  Dr.Olisah Agbokoba, The Executive Secretary Shippers council, Mr.Hassan Bello, Captain Iheanacho amongst others.

It would be recalled that Dr. Dakuku Peterside had always charged stakeholders to actively participate in the Nigerian maritime sector in order to support the growth of the country’s blue economy. This was also evident at the recently concluded Harmonised NIMASA Stakeholders Interactive Forum with the theme “Synergy: An Instrument for Sustainable Development of the Blue Economy” organised by the Agency.

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