Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), emphasized the pivotal role of maritime security in unlocking Nigeria’s potential within the global Blue Economy, estimated at $2.5 trillion. He highlighted that beyond conventional shipping and trade, the Blue Economy encompasses diverse sectors such as fishery, tourism, aquaculture, and wind energy. Jamoh underscored that robust maritime security not only facilitates Nigeria’s access to this significant economic resource but also ensures a share in the estimated 350 million global jobs the Blue Economy can generate.
Key Points:
- Expansive Blue Economy Opportunities:
- The Blue Economy represents a vast opportunity spanning various sectors, including fishery, tourism, aquaculture, and wind energy, apart from conventional shipping and trade.
- Security as a Gateway to Economic Benefits:
- Jamoh stressed that maintaining strong maritime security is the linchpin for Nigeria to tap into the $2.5 trillion potential of the Blue Economy and access millions of job opportunities it offers.
- Nigeria’s Efforts in Enhancing Maritime Security:
- Nigeria has made significant strides in improving maritime security in the Gulf of Guinea, with ongoing efforts needed to sustain this progress.
- Infrastructure Investments:
- The Federal Government has allocated substantial resources to enhance infrastructure for combatting insecurity in waterways, particularly through initiatives like the Deep Blue Project.
- Role of Media in Shaping Perceptions:
- Jamoh highlighted the pivotal role of the media in counteracting negative narratives on maritime security, attracting international investors, and establishing a robust legal system to bolster investor confidence.
- Impacts of Maritime Security on Economy:
- Issues like piracy, illegal fishing, drug trafficking, and marine pollution have far-reaching consequences, affecting commerce, trade, and livelihoods in coastal communities.
- Nigeria’s Positive Impact on Maritime Security:
- Nigeria’s proactive efforts, led by NIMASA and the Navy, have led to a reduction in maritime piracy incidents since 2021, signifying positive strides in the region’s maritime security landscape.
Conclusion:
Recognizing and fortifying maritime security is imperative for Nigeria to seize the immense economic opportunities presented by the Blue Economy. Beyond financial gains, this endeavor holds the potential to create millions of jobs and drive socio-economic growth. The media plays a pivotal role in dispelling negative perceptions and showcasing the progress made, thus contributing to the region’s improved maritime security landscape.
