Nigeria’s blue economy: economic and environmental sustainability
Dike, S.C. (2024). Nigeria’s blue economy: economic and environmental sustainability. AJIEE 10(1): 62-69
In: African Journal of International Energy and Environmental Law. Rivers State University/University of Port Harcourt: River State. ISSN 2645-310X, more
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| Abstract |
Our marine environment is vital to our survival as it is fragile. Its protection and preservation cannot be overemphasized. The exploration of the marine environment is key to the existence of the global economy which is why its sustainable usage is important. This is what blue economy entails. Every coastal country has blue economy potentials and Nigeria is one of them. This paper therefore discussed doctrinally, Nigeria’s blue economy potentials, the challenges and prospects around an economic and environmentally sustainable blue economy for Nigeria. Although the potentials were revealed, it was also revealed that the blue economy sector is faced with serious challenges such as the lack of adequate funding, working policy framework, among others., that need to be tacked urgently. Recommendations were provided to that effect, primarily focusing on political will, creating and implementing a working blue economy framework, implementing existing legal and institutional framework, enhancing marine environmental protection and managing the countries resources among others in order to fully enjoy the benefits that lie therein. |
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