President Bola Ahmed Tinubu has announced a new security and economic framework aimed at unlocking Nigeria’s vast marine and aquatic resources under the blue economy as one of the country’s most critical sectors for national transformation.
Accordingly, he directed all relevant ministries, departments, and agencies to immediately review and implement recommendations by the National Institute for Policy and Strategic Studies’ (NIPSS) comprehensive study on blue economy development.
Speaking on Wednesday during a Presidential Parley with participants of Senior Executive Course 47 of the National Institute for Policy and Strategic Studies (NIPSS) at the Presidential Villa, the President, who was represented by his deputy, Vice President Kashim Shettima, said the administration is committed to converting Nigeria’s maritime potential into a major driver of economic diversification, job creation and long-term prosperity.
“The blue economy offers a strategic pathway for diversifying our revenue base, creating sustainable employment and revitalising the ecosystems that sustain national development. If properly harnessed, this sector could become an anchor of shared prosperity for generations,”a statement issued by
his Senior Special Assistant on Media and Communications in the Office of the Vice President, Stanley Nkwocha, quoted the president as saying.