NIMASA DG hails Tinubu for creating marine/blue economy ministry

He described the blue economy as the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of the ocean ecosystem.

He said the blue economy activities included maritime shipping, fishing & aquaculture, coastal tourism, renewable energy, water desalination, undersea cabling, seabed extractive industries & deep sea mining, marine genetic resources, and biotechnology.

“Honestly, this ministry is long overdue, more importantly, to support the diversification of the economy.

“Efficient management and sustainable exploitation of the marine resources in our seas and oceans, no doubt, will provide a veritable tool for Economic Growth,” Jamoh said.