The Certified Institute of Shipping Nigeria (CISN) has said that the blue economy can generate 20 million jobs for Nigerians, because of the numerous opportunities it has created from marine minerals and other sources. Currently, the maritime industry is facing a steady decline in personnel due to a myriad of factors, including retirement, career changes and hiring and funding challenges. The Chief Executive Officer (CEO) of the institute, Prof. Alexander Favour Okwuashi, explained that the country was in a position to earn $53 billion globally in terms of resources.
He added that by means of the blue economy, the country had the capacity to create 200 million jobs for the entire African region. Okwuashi said at the 23rd Convocation Investiture and award ceremony at CISN main campus, Lagos, that the blue economy had created big opportunities within the maritime industry, saying that the opportunities covered areas in fleet management, fishery, supply of meat, floating requirements for the dockyard as the maritime had been upgraded up to 28per cent. Okwuashi said: “There is a lot of opportunities in the area of the fishery. There are a lot of floating requirements for the maritime industry which have been upgraded up to 28 per cent from the blue economy.
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