Nigeria's Weak Supply Chain Threatens Blue Economy Growth, Expert Warns
Dr. Emeka Akabogu, a senior partner at Akabogu & Associates and founder of OTL Downstream Development, highlighted Nigeria's logistical and port inefficiencies affecting its blue economy despite its strategic coastal position. He emphasized the need to improve the local supply chain system to boost value creation and intra-African trade.
Nigeria's heavy reliance on oil exports and underperforming port system were cited as major challenges, with neighboring Togo emerging as a more efficient trade gateway. Akabogu sees the blue economy as a key economic frontier that requires sustainable governance for success.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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