The Abuja School
Introduction:
Blue economy emphasizes the sustainable use of ocean resources for economic growth and development.it is not only a viable economic activity but also a climate mitigation strategy. Nigeria, with its vast coastline along the Atlantic Ocean, is well-positioned to achieve the potential of the blue economy. The ocean as a resource can be used in a way that is environmentally sustainable, socially inclusive, and economically beneficial. Lakes, rivers, and coastal areas are among the most significant habitats on the planet, and they represent a priceless part of our natural heritage. Nigeria’s coastline stretches for 420 nautical miles and covers an exclusive economic zone of 200 nautical miles. Its maritime interests span the Gulf of Guinea, covering roughly 574,800 square nautical miles with a 2,874 nautical mile coastline. The blue economy incorporates a unique strategy for the commercialization of marine, lake, river, and other bodies of water resources. The concept aims to market economic progress, social inclusion, and livelihood maintenance or enhancement while also contributing to sustainable development and climate adaptation pathways. The Opportunities for the Blue economy include fisheries, aquaculture, maritime transport, renewable energy, tourism, marine biotechnology, pharmaceuticals and a host of other benefits from the blue economy……
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