Nigeria’s ambition to build a thriving blue economy is being hindered by a range of persistent challenges, including weak institutional structures, regulatory inefficiencies, and a lack of coordinated policy implementation, according to legal expert Mrs Funke Agbor (SAN).
Speaking at the Executive Course on Blue Economy for media professionals hosted by the International Maritime Institute of Nigeria (IMION) in Lagos, Agbor stressed the need for strong political will to address the barriers stifling progress in the maritime sector.
Delivering a presentation on “Frameworks and Policies for Sustainability in Blue Economy,” she underscored the urgency for Nigeria to develop a national blue economy policy that offers a bold, integrated strategy for ocean-driven and inclusive economic development.
“The blue economy holds immense potential to reshape Nigeria’s growth trajectory—economically, socially, and environmentally—if its value is fully understood and backed by action,” Agbor said.
She emphasized the importance of cross-agency collaboration, stakeholder engagement, and a media-savvy approach to build public understanding and accountability in maritime policy. “Journalists are critical partners in shaping national narratives, promoting transparency, and mobilising action for sustainable ocean governance,” she noted.
Agbor pointed out that while Nigeria already has frameworks in place—ranging from environmental to financial and institutional—the lack of proper execution remains a significant bottleneck.
A comprehensive blue economy policy, she said, would drive revenue diversification, sustainable marine resource management, improved maritime security, institutional reform, and job creation.
In a related presentation titled “Introduction to Blue Economy,” retired Rear Admiral Francis Akpan echoed the call for strong leadership and institutional synergy, noting that infrastructure investment and innovation are vital for long-term sustainability.
He warned that neglect of Nigeria’s water bodies, including polluted lagoons, and fragmented regulations are hampering blue economy growth. Akpan highlighted opportunities in marine renewable energy, sustainable fisheries, and eco-tourism, calling for better alignment of national strategies with global ocean governance standards.
Also present at the event was Mrs Mfon Usoro, President of the Chartered Institute of Logistics and Transport Nigeria and former Director-General of the Nigerian Maritime Administration and Safety Agency.
