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Home » Dosunmu Urges Nigeria to Harness Blue Economy for Economic Diversification

Dosunmu Urges Nigeria to Harness Blue Economy for Economic Diversification

By Oluyinka Ongbinde

by Joshua
August 14, 2025
in Featured, News

Former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Ade Dosunmu, has called on Nigeria to fully exploit opportunities in the Blue Economy as a viable strategy for diversifying the nation’s economy.

Speaking in Jos on Wednesday, Dr. Dosunmu delivered a lecture titled “Blue Economy and Economic Diversification: Opportunities and Challenges” to participants of the Senior Executive Course 47, 2025, at the National Institute for Policy and Strategic Studies (NIPSS), Kuru.

He described the Blue Economy as a critical driver of economic growth, job creation, and sustainable development, with the potential to reduce the country’s dependence on hydrocarbons. He, however, identified regulatory gaps, environmental threats, and capacity constraints as major obstacles to unlocking its full potential.

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

The session also featured presentations on Foreign Direct Investment and the Blue Economy, Sustainable Coastal Tourism and Recreation in Nigeria, and Fisheries and Aquaculture in Nigeria’s Blue Economy.

Established as Nigeria’s foremost policy think tank, NIPSS is tasked with developing top-level leaders and policymakers capable of designing and implementing strategies for national development.


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