Maduka University Calls on Federal Government to Harness Blue Economy Potential

Maduka University calls on the Federal Government to prioritize the development of the Blue Economy, citing its potential to contribute significantly to economic growth and job creation.

Maduka University Calls on Federal Government to Harness Blue Economy Potential
Dr. Samuel Maduka Onyishi

In a bid to underscore the significant but untapped potential of Nigeria's Blue Economy, Dr. Samuel Maduka Onyishi, MON, the Vice Chancellor of Maduka University, Enugu State, has urged the Federal Government to prioritize the development of this sector. Speaking at the recent 2023 Convocation, Matriculation, and Awards Ceremony of Crown Maritime Academy (CMA), Professor Charles Ogbulogo, representing Dr. Onyishi, emphasized the vast economic benefits and job creation prospects inherent in Nigeria's marine resources.

Citing projections that suggest Nigeria's Blue Economy could contribute up to 1.5 trillion dollars to the global economy and generate over 30 million jobs, Dr. Onyishi highlighted the urgent need for sustainable utilization of ocean resources. He stressed the importance of preserving the health of ocean ecosystems while harnessing these resources for economic growth and improved livelihoods.

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"The Blue Economy is not just about economic gains; it's about ensuring the sustainability of our aquatic ecosystems," stated Dr. Onyishi. "We must recognize the interconnectedness of economic prosperity and environmental preservation."

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Furthermore, Dr. Onyishi echoed the sentiment that neglecting the development of the Blue Economy could leave Nigeria at a disadvantage in the global economic landscape. "As the world transitions to new economic paradigms, we cannot afford to be left behind. The Blue Economy presents a golden opportunity for Nigeria to leapfrog into sustainable development," he remarked.

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The call from Maduka University adds to the growing chorus of voices advocating for the Nigerian government to prioritize the Blue Economy agenda. With proper policies and investments, Nigeria stands poised to unlock the immense potential of its marine resources, contributing not only to national prosperity but also to global sustainability efforts.