Delta aims to develop the blue economy in order to attract investment

From Adedapo Adesanya

Delta State said that developing a blue economy in Nigeria will attract huge investments in the state, including in seaports, tourism, rail and road development, airport, agriculture, oil and gas, housing construction, among others.

This will take place in the run-up to the Nigeria Blue Economy Stakeholders Conference in Lagos from January 25-27, 2022.

The event is organized by the Alfe City Institution and brings together the main stakeholders of a future Nigerian blue economy, including the nine neighboring countries, the ministries and authorities involved in the management of the new sector.

Olorogun Lucky Oghene-Omoru, director general of Delta State Investments Development Agency (DIDA), confirmed the state’s full involvement and said the full implementation of the initiative will help generate revenue for the state.

“If the Blue Economy Initiative is faithfully and successfully implemented in the nine riparian states, 11 river basins and with a strong commitment from the Federal Government of Nigeria and the state governments, including MDAs, who are considered to be the main players in the blue economy Development partners, the country could significantly increase its GDP by investing in seaports, tourism, rail and road development, airports and agriculture, ”he said.

Mr Oghene-Omoru said that all 25 Local Government Areas (LGA) in Delta State will be affected by the scheme and specifically requested that the state, as a key player in the proposed project, should be involved in the development of the initial conceptual framework and implementation Processes.

Regarding tourism in particular, he said: “Delta State is a tourist paradise because of its warm and very hospitable people, spectacular sandy beaches along the coast, many cultural festivals, the biodiversity of the ecosystem, historical monuments and sites among others.

“The tourism policy of the state government consists in creating a conducive environment by providing infrastructure and promoting a tourism industry driven by the private sector.”

He explained that the challenges of the blue economy are global and require global solutions that can be tailored to national and local priorities.

“The majority of governments around the world should get involved in the discussion of innovative methods, technologies and cutting-edge research to address sustainable opportunities for the blue economy,” he said.

Commenting on the potential of the blue economy in accelerating Nigeria’s economic growth, Oghene-Omoru said, “It involves building an ecosystem of industrial and mercantile business activities to make full use of the abundant natural, aquatic and marine resources of the Atlantic Ocean. Rivers, lakes, inland waterways and the river basins etc. in Nigeria.

“By the way, these bodies of water are characterized by swampy, swampy and difficult terrain, which is difficult to develop and which poses challenges in the provision of infrastructure facilities.

“However, a concerted effort must be made to mobilize investment capital to turn these areas into Nigeria’s industrial and business centers and to increase national GDP, as is the case in Cape Town in South Africa, Istanbul in Turkey, Singapore, Malaysia and many of Australia Fall was. ”And Chinese and US cities, to name just a few examples around the world.

“Every government should involve and involve all segments of the population, including women, youth and other marginalized groups.

“Governments should invest in data, science and cutting-edge technology to help prioritize governance, reform and shape management decisions.”

Delta State is one of the nine coastal states with a total of 850 kilometers of coastline, of which Delta State alone has 163 kilometers, which the state has the longest with about 19.2 percent of the total coastline of the country. In addition, there are so many rivers that cross the state in length and width, such as the Niger, Ethiopia, Orogodo, Warri, Benin, Forcados and the Ramos River, etc.

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