Nigeria’s President Bola Ahmed Tinubu announced a new ministerial portfolio in August: Marine and Blue Economy. This was welcome news as it renewed hope for economic development outside the oil sector. We asked marine sustainability and blue economy expert Isa Olalekan Elegbede to explain how the ministry could benefit Nigeria.
Why has Nigeria established a new ministry for the blue economy?
The blue economy is the sustainable use of ocean and coastal resources for economic growth. It integrates environmental, social, economic and institutional objectives into the use of marine resources. It includes a wide range of sectors and resources related to oceans, seas, coasts and waterways.