Vice President Yemi Osinbajo inaugurated an Expanded Partnership Committee on Sustainable Blue Economy to further explore the economic opportunities available through oceanic and marine resources around the country.
Speaking at the event, Osinbajo said the blue economy offers a whole new vista of opportunity for economic activity especially in areas close to oceans, rivers and coasts, but more importantly, perhaps the entire country.
The committee chaired by the Vice President is composed of State Governors, some Ministers, representatives of military and security agencies and other members from the private sector.
On the composition of the committee, the Vice President mentioned that it has representatives from the States and the geo-political zones, agency representation, which includes Chief of Naval Staff, Comptroller-General of Customs, NIMASA and several other agencies.
The Blue Economy is the sustainable use of ocean resources for economic growth, improved livelihoods and jobs while preserving the health of ocean ecosystems.
