Nigeria's Blue Economy Gains Momentum with World Bank Partnership

The Federal Ministry of Marine Blue Economy in Nigeria has established a strategic partnership with the World Bank to accelerate the country's Blue Agenda. This initiative was discussed during a high-level technical cooperation meeting in Abuja, focusing on delivering key projects aligned with Nigeria's blue economy blueprint.

Permanent Secretary Fatima Sugra Tabi Mahmood highlighted the importance of strengthening governance, improving marine spatial planning, and enhancing data systems to promote stakeholder engagement. The World Bank delegation, led by Marcelo Hector Acerbi and Yolanda Molar, expressed their commitment to providing technical assistance and developing a robust blue data bank.

The partnership aims to implement a comprehensive coastal zone management report and create blue clusters across pilot states, which are expected to reveal significant investment opportunities. The initiative also seeks to address marine pollution, diversify the maritime sector, and ensure economic resilience and environmental stewardship through sustainable ocean economy practices.