The former Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Ade Shamshudeen Dosunmu has averred that blue economy remains the unique pathway for the diversification of the nation’s economy.
To this end, he has stressed the urgent need for Nigeria to harness the vast opportunities in the blue economy.
Dosunmu who was prior to his appointment as the NIMASA helmsman was its Executive Director, Finance and Administration maintained that the blue economy remains what he called “the strategic pathway” to diversify the nation’s economy.
The erstwhile NIMASA boss stated this while delivering 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, Jos, Plateau State recently.
Dosunmu in his presentation outlined the concept of blue economy, highlighting its potential to drive economic growth, job creation, and sustainable development even as he stressed the sector’s capacity to reduce Nigeria’s over-reliance on hydrocarbons.
He also emphasized the urgency of tackling key challenges, including regulatory gaps, environmental threats, and capacity constraints.
His words: “The Blue Economy offers a unique and timely solution to Nigeria’s perennial dependence on hydrocarbon resources. 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 our country.”
Maritime Bits checks revealed that the lecture was part of a broader engagement that also featured papers on foreign direct investment (FDI) and the blue economy.
Others are sustainable coastal tourism and recreation in Nigeria, fisheries and aquaculture in Nigeria’s blue economy.
It is on record that NIPSS is Nigeria’s foremost policy think-tank, established to develop top-level leaders and policymakers capable of formulating and implementing strategies for national development.
