{"id":4037,"date":"2019-02-06T19:02:11","date_gmt":"2019-02-06T19:02:11","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=4037"},"modified":"2019-02-06T19:02:11","modified_gmt":"2019-02-06T19:02:11","slug":"the-blue-economy-can-improve-the-nations-gdp-nimasa-executive-director","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/the-blue-economy-can-improve-the-nations-gdp-nimasa-executive-director","title":{"rendered":"The Blue Economy Can Improve the Nation’s GDP – Nimasa Executive Director"},"content":{"rendered":"

Executive Director, Finance and Administration of the Nigerian Maritime Administration and Safety Agency, NIMASA,\u00a0Bashir Jamoh<\/strong>, spoke with\u00a0Godfrey Bivbere<\/strong>\u00a0on efforts of the agency to explore the benefits of the Blue economy, gave update on the NSDP and much more. Excerpts:<\/p>\n

The blue economy, how far has the management driven it, what is the advantage to the Nation?<\/strong><\/p>\n

Well, the blue economy as you are aware is a new dimension that we are targeting and interestingly the new dimension that is in the pipeline now. The developed nations have already embraced it for so many reasons. One, it is an aspect that we wish to embrace because we want to harness more revenue for the economy than we are having which has to do with the resource under the seabed. We need more revenue and if you are following government program, you know that they have been trying their best in terms of Agriculture.<\/p>\n

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Everybody knows that they have gone far and they have achieved a lot in terms of that policy and so the second aspect of what the maritime industry is trying to promote for a long time is the issue of the blue economy. As am talking to you now the Director General is already in Nairobi in Kenya to discuss the issue of the blue economy and we are trying to chart a course to ensure that this blue economy will become a success in our environment, especially in West Africa so that we can have Africans relying heavily on the resources we have in our own economy. Around August 2018, I launched a book harnessing the Nigerian Maritime.<\/p>\n

This book address basically issues that do with the blue economy. There are resources we have in our territorial waters, so those are the things that we are doing. You ask what the gains, its enormous are, Gross Domestic Product, GDP will to go up, and this will have a rippling effect on the economy.<\/p>\n

Now apart from these, the decline which is currently being experienced in this country will be taken care of to a large extent. You can look at the size of our population, when you look at the increase in population annually, our economic growth despite the fact that there are lots of gaps there which we need to fill. So you are following our own forecast, the forecast we did which will end towards 2019, we started another forecast now that will address the issue in 2019 to see what we can realize. You see the enormous asset that we have and the size of the asset which is about N9.1 trillion annually. The 2017 forecast indicated that, so the benefit of this blue economy is something that without any hesitation people will embrace it.<\/p>\n

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I have already written my own book and am saying it over and over again, I may not be able to continue putting pen on paper, there are so many others working on the blue economy and like I said I expect each and everyone to come on board and let us join hands together and do whatever we can towards the development of the this sector of the industry.<\/p>\n

During the book launch, the minister that represented the president, that is the minister of transportation; said he was not concern about all the theories being put forward by professionals’ but that they should make these potentials a reality for the benefit of Nigerians. Now, I just mentioned N9.1 trillion, he said we want to see them all, we don’t want to see any rhetorics but action in this regard.<\/p>\n

When we take our coastal line from Badagry, that is the beginning of the border between Benin Republic and Nigeria then you go up to Calabar where we have a border with Cameroon and Bakasi, Bakasi precisely, that is our own coastal line.<\/p>\n

Now we have enormous resources there sitting under the bed of the sea, some at the middle, and some at the top. When you explore the sea thoroughly you will come to realize that there are different resources at different levels of the sea.<\/p>\n

So equally if you go to the sea, the type of resources you will see maybe around Badagry is not the same resources that you will see when you get to Bakasi, so these things are different. I hope and I pray that I will be alive when we can now to exploit these resources for the benefit of the government and people of this country.<\/p>\n

<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Executive Director, Finance and Administration of the Nigerian Maritime Administration and Safety Agency, NIMASA,\u00a0Bashir Jamoh, spoke with\u00a0Godfrey Bivbere\u00a0on efforts of the agency to explore the benefits of the Blue economy, gave update on the NSDP and much more. Excerpts: The blue economy, how far has the management driven it, what is the advantage to the […]<\/p>\n","protected":false},"author":62,"featured_media":4042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[106,105,314],"class_list":["post-4037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-economy","tag-economy-of-nigeria","tag-finance"],"yoast_head":"\nThe Blue Economy Can Improve the Nation's GDP - Nimasa Executive Director - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/the-blue-economy-can-improve-the-nations-gdp-nimasa-executive-director\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Blue Economy Can Improve the Nation's GDP - Nimasa Executive Director\" \/>\n<meta property=\"og:description\" content=\"Executive Director, Finance and Administration of the Nigerian Maritime Administration and Safety Agency, NIMASA,\u00a0Bashir Jamoh, spoke with\u00a0Godfrey Bivbere\u00a0on efforts of the agency to explore the benefits of the Blue economy, gave update on the NSDP and much more. 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