{"id":346833,"date":"2025-08-18T01:04:54","date_gmt":"2025-08-18T00:04:54","guid":{"rendered":"https:\/\/www.thetidenewsonline.com\/?p=346833"},"modified":"2025-08-17T18:16:32","modified_gmt":"2025-08-17T17:16:32","slug":"ex-nimasa-dg-harps-on-blue-economy-importance","status":"publish","type":"post","link":"https:\/\/www.thetidenewsonline.com\/?p=346833","title":{"rendered":"Ex-NIMASA DG Harps On Blue Economy Importance\u00a0"},"content":{"rendered":"<div dir=\"auto\">A former Director-General of the Nigerian Maritime Administration and Safety Agency, Dr. Ade Dosunmu, has emphasised the importance of strategic reforms and stronger collaboration among agencies and stakeholders in unlocking the vast potential of Nigeria\u2019s blue economy.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">In a lecture titled \u201cBlue Economy and Economic Diversification: Opportunities and Challenges\u201d at the National Institute for Policy and Strategic Studies in Jos, Plateau State, Dosunmu highlighted the sector\u2019s capacity to drive economic growth, job creation, and sustainable development.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">He said, \u201cthe blue economy offers a unique and timely solution to Nigeria\u2019s perennial dependence on hydrocarbon resources.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWith 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.&#8221;<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">He explained that this call to action underscores the urgent need for Nigeria to diversify its economy and reduce its over-reliance on hydrocarbons.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The blue economy, as outlined by Dosunmu, has the potential to transform Nigeria\u2019s economic landscape.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">By harnessing the opportunities in this sector, the country can create new revenue streams, foster sustainable development, and promote economic resilience, he explained further.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Dosunmu also emphasized the need to address key challenges facing the blue economy, including regulatory gaps, environmental threats, and capacity constraints.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The lecture was part of a broader engagement that featured papers on foreign direct investment, sustainable coastal tourism, and fisheries and aquaculture in Nigeria\u2019s blue economy.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The NIPSS, Nigeria\u2019s foremost policy think-tank, aims to develop top-level leaders and policymakers capable of formulating and implementing strategies for national development.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The lecture noted the blue economy\u2019s potential, which includes driving economic growth, job creation, and sustainable development. The challenges, however, include regulatory gaps, environmental threats, and capacity constraints.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Some of the solutions include strategic reforms, robust policies, and stronger collaboration among agencies and stakeholders.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A former Director-General of the Nigerian Maritime Administration and Safety Agency, Dr. Ade Dosunmu, has emphasised the importance of strategic reforms and stronger collaboration among agencies and stakeholders in unlocking the vast potential of Nigeria\u2019s blue economy. In a lecture titled \u201cBlue Economy and Economic Diversification: Opportunities and Challenges\u201d at the National Institute for Policy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":346873,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-346833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/346833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=346833"}],"version-history":[{"count":1,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/346833\/revisions"}],"predecessor-version":[{"id":346883,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/346833\/revisions\/346883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/media\/346873"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=346833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=346833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=346833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}