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Experts Urge Investment to Unlock Nigeria's Blue Economy Potential

12/1/2025

Summary

Story summary

Experts at the Nigeria Institution of Maritime Engineers and Naval Architects (NIMENA) discussed blue economy's underperformance and its potential to reach N1 trillion with changes.
Eferebo Sylvanus, NIMENA's National Chairman, criticized reliance on foreign certifications as limiting local engineers' capabilities.
Saddiq Abubakar, President of COREN, highlighted weak standards and shipyard capabilities and urged improved compliance.
The conference called for coordinated policy development and investment in technology to boost maritime competitiveness.

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Story summary

Experts at the Nigeria Institution of Maritime Engineers and Naval Architects (NIMENA) discussed blue economy's underperformance and its potential to reach N1 trillion with changes.
Eferebo Sylvanus, NIMENA's National Chairman, criticized reliance on foreign certifications as limiting local engineers' capabilities.
Saddiq Abubakar, President of COREN, highlighted weak standards and shipyard capabilities and urged improved compliance.
The conference called for coordinated policy development and investment in technology to boost maritime competitiveness.