MARINE AND BLUE ECONOMY.

Nigeria’s Marine and Blue Economy sector offers vast opportunities for national revenue generation, sustainable development, and large scale job creation. Positioned strategically along the Gulf of Guinea with over 850 km of coastline and extensive inland waterways. Nigeria is uniquely endowed to harness the economic, ecological, and security benefits of its maritime domain.

Shipping and Maritime Trade present immense potential. The Gulf of Guinea is one of the busiest shipping routes in the world, with over 30% of global oil and gas cargo passing through. By modernizing port infrastructure, enforcing efficient customs systems, and developing deep-sea ports, Nigeria can become a leading hub for transshipment, logistics, and maritime services in West and Central Africa.

Fisheries and Aquaculture represent another growth frontier. With government policies promoting food security and economic diversification, investment in industrial fishing, aquaculture, and fish processing can significantly reduce import dependence, generate export earnings, and create millions of coastal and inland jobs.

Marine Tourism, beaches, coastal resorts, and cruise activities—remains underexploited. Harnessing these assets through private-sector partnerships and infrastructure development can attract both domestic and international tourists, linking the sector with Nigeria’s creative and cultural economy.

Renewable Blue Resources, including offshore wind, tidal energy, and biotechnology, offer new avenues for sustainable energy and innovation. With the right regulatory framework, Nigeria can lead in Africa’s blue bio-economy, unlocking green investments and climate-resilient jobs.

The Federal Government’s commitment to developing the Marine and Blue Economy Ministry reflects a clear policy direction: diversifying away from oil dependence, securing the Gulf of Guinea, and driving investment into maritime infrastructure, fisheries, and innovation. With coordinated implementation, this sector can become a major revenue earner, while positioning Nigeria as the maritime hub of Africa.

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