• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Blue economy attracts debate

Economy

The Matters Press by The Matters Press
July 23, 2023
Reading Time: 3 mins read
0
Nigeria key to African blue economy – Korean envoy

Lagos, July 23, 2023: Maritime experts at the Renaissance of Ehingbeti Maritime Hub, in Lagos on Friday, expressed divergent views on the call for the establishment of the Ministry of Blue Economy to oversee the affairs of the industry.

RELATED POSTS

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Rescued victims of human from Cote D Ivoire arrive Nigeria

Dr Alban Igwe, former Director, Trade and Education, Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), in his keynote address, called for a dedicated Ministry of Blue Economy.

Igwe, while speaking on Lekki Deep Seaport, Blue Economy and Sustainability, noted that the ministry would ensure that the country and most especially, Lagos State, benefits from the ocean resources.

He noted that to achieve this, a timeline should be set, communities around coastal states should make impute, draft proposal should pass through public hearing session to get more expertise solutions.

According to him, in planning blue economy, there is need for multi- stakeholders approach, integrating coastal communities in the planning stage.

“The maritime hub in Ehingbeti is calling for a rebirth, it should envision a multinational business model with partnerships.

“There should be sustainable development which will include people, planet, prosperity, peace and partnership,” he said.

He urged that a strategic step should be taken to ensure that the blue economy does not become a curse for the country, and therefore all stakeholders must be involved.

Collaborating on the call for blue economy ministry, Chairman, Zoe Maritime Resources Ltd, Mrs Oritsematosan Edodo-Emore, said that maritime industry, which the blue economy belong, needed to stand on its own.

“Currently, the maritime industry is handled by the Ministry of Tansportation, but it is much bigger to be there because it is all encompassing.

“We need to take advantage of what God has given us in our ocean resources and we cannot do so with our present status,” she said.

Edodo-Emore also urged that women in Ehingbeti, Lagos State, must be helped strategically, for them to take advantage of ocean economy.

Mr Emmanuel Jime, Executive Secretary, Nigerian Shippers’ Council (NSC), said that the sustainability of the ocean resources was the council’s main focus.

Jime, represented by Mr Rotimi Anifowoshe, Director, Strategic Planning and Research, NSC, said that the blue economy seeks to conserve marine and fresh water to produce resources for energy and food.

He said that there should be deployment of new technology and innovation to drive environmental goods and ensure that industries that could emanates would not be disastrous to the blue economy.

Jime said to develop the economy, the communities and the youth should be empowered to forestall ills in the system.

Meanwhile, discussing against the establishment of the blue economy ministry, Mr Onimole Mobolaji, Director, Development Partnership Department, Ministry of Economic Planning and Budget, Lagos State, said that the sector should be handled by the Presidency.

“We don’t need a new ministry, but we should ask ourselves what we have achieved with the ministry that we have.

Mobolaji noted that the problem was that most projects were done in silos, saying that in achieving a blue economy, it should be done ‘programmatically’.

Also collaborating against having blue economy ministry, Erelu Abiola Dosunmu, said that it directly affects the poor and people in the riverine areas.

According to her, there is tendency the government may not appoint someone from the affected areas if the ministry was later set up.

This, she said, would make it difficult to know what affects the inhabitants.

Earlier, Mrs Violet Williams, President, Ocean Ambassadors Foundation, said that Ehingbeti was about maritime, shipping, commerce, international trade facilitation; and the whole story of the foundation of the wealth of Lagos.

According to Williams, Ehingbeti, has always the brain behind the economic nerve of the nation and not just Lagos State.

“Ehingbeti means the ‘Deep Blue Commerce’ and today’s event is about the old and the new, if there was no yesterday, there will not be any today.

“It emphasises the fact that as long as there’s water in EKO (Ehingbeti), commerce will always thrive,” she said.

The establishment of Lagos Blue Economy Project, the Renaissance of Ehingbeti Maritime Hub was conceived by Williams, to ensure an all inclusion of coastal communities in the blue economy agenda.

Tags: Economy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

With NELFUND’s Disbursement of N53b, Nigerian students have cause to celebrate – TMV

May 9, 2025
Next Post
Nigeria’s non-oil revenue grew above target by 15.7%

Expert identifies how to utilise N1.9tn revenue

CIIN president tasks Insurance directors on manpower development

Universal Insurance boasts of capacity

Recommended Stories

FG unveils tractor hiring scheme in Kaduna State

Turkish firm to establish tractor assembly plant in Yobe

December 16, 2023
Central Bank, MTN resolve crisis

MTN pays N55b negotiated fine to NCC

June 1, 2019
Buhari launches eNaira, first digital currency in Africa

How preferences, policies dwindle Naira value

March 26, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda
  • Rescued victims of human from Cote D Ivoire arrive Nigeria

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us