Major Stakeholders in Nigeria’s emerging blue economy valued at trillion dollar at the end of its three-day ‘The Nigeria Blue Economy Stakeholders Conference’ (TNBESC) have set up a transition secretariat to drive the recommendations made at the forum.
The maiden TNBESC with the theme ‘Creating the pathway for a sustainable Nigerian economy’, organized by Alfe City Institution at the BWC Hotel, Lagos from February 15-17, 2022 was graced by the Minister of Information and Culture, Minister of State for Niger Delta Affairs, Delta State Government, Nigerian Navy, Infrastructure Concession Regulatory Commission (ICRC) among other strategic stakeholders of the emerging sector.
Among the members of TNBESC’s transition secretariat are Olorogun Lucky Oghene-Omoru, Director General, Delta State Investment Development Agency; Dr Amanze Okere, Head Special Projects and Coordinator, NII3P (a PPP training institute of ICRC); Sunday Bisong; Navy Commander Mohammed Abdulsalam of Nigerian Navy; Summerset Embiowei; and Barrister Nkechi Nnorom.
Others include Mr Soji Adeleye, CEO, Alfe City Institution; Engr Saliu Ahmed, Managing Director, Benin Owena River Basin Development Authority; Ndiomu Philip and Segun Adeleye, President/CEO, World Stage Limited.
The secretariat is expected to swing into action and reach out to other players in the public and private sectors when the communiqué of the conference is released.
Blue economy is the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.
With sustainable ocean business valued at a trillion dollar, the stakeholders at the forum made a case for urgent formulation of National Policy on Blue Economy to harness the immense potential.
Head UN Global Compact Sustainable Ocean Business Action Platform, Eric Giercksky, who made his presentation on ‘The process of building a sustainable Blue Economy that would transform the Nigerian economy and contribute to achieving the country’s sustainable development goals’ virtually from Oslo, Norway listed five tipping points for a healthy and productive ocean as Healthy and nutritious food from the ocean; Decarbonizing shipping; Electricity from the Ocean; End waste entering the ocean; and Ocean science and data.