Dosunmu says Blue Economy Key to Nigeria’s Economic Diversification

 

Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Ade Dosunmu, has emphasized the importance of harnessing the opportunities in the Blue Economy to diversify Nigeria’s economy.

Dr. Dosunmu made the call while delivering a lecture at the National Institute for Policy and Strategic Studies (NIPSS) in Jos.

Dr. Dosunmu highlighted the potential of the Blue Economy to drive economic growth, job creation, and sustainable development.

He stressed that the sector can reduce Nigeria’s over-reliance on hydrocarbons and emphasized the need to tackle 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,” Dr. Dosunmu stated.

He emphasized 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 the country.

The lecture was part of a broader engagement at NIPSS, which featured papers on various aspects of the Blue Economy, including Foreign Direct Investment, Sustainable Coastal Tourism, and Fisheries and Aquaculture.

The NIPSS is a leading policy think-tank in Nigeria, established to develop top-level leaders and policymakers capable of formulating and implementing strategies for national development.

Dr. Ade Dosunmu (left) and a participant during the Senior Executive Course 47, 2025, at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Jos.