NIMASA's Dr. Mobereola Seeks N5 Trillion in Blue Economy

Dr. Dayo Mobereola, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), called on investors, maritime operators, and technology companies to help unlock an estimated N5 trillion in untapped opportunities within Nigeria's blue economy. Speaking at the NIMASA Blue Economy Accelerator Programme (NIMASA-BEAP) session in Lagos, Mobereola highlighted the maritime sector's potential for investment, job creation, and economic growth, noting that Nigeria has 853 kilometers of coastline and six major commercial seaports.

He pointed out that the country captures less than three percent of the value generated in its maritime value chain. The Federal Executive Council's approval of the National Policy on Marine and Blue Economy in May 2025 established the sector as a key element of Nigeria's economic diversification.

Mobereola described the NIMASA-BEAP as a national economic imperative aimed at sustainably developing the blue economy through innovation and investment, with support from Technical Partner Opolo Global Innovation Ltd.