Institute urges FG to unlock blue economy with strategic policies

The Institute of Export Operations and Management, has called on the federal government to activate strategic investment policies aimed at unlocking the full potential of Nigeria’s blue economy.
The institute’s secretary, Ofon Udofia, made the appeal on Sunday in Port Harcourt.
Mr Udofia spoke during a dinner marking the end of the 2025 Correspondents’ Week of the Nigeria Union of Journalists (NUJ), Rivers chapter.
He noted that the federal government’s ‘30 per cent rebate policy’, a tax reduction on basic goods, could significantly boost import businesses and revive the underutilised capacities of Eastern ports if effectively implemented.
He expressed concern over the poor state of infrastructure in the Eastern ports–Calabar, Port Harcourt, Onitsha, Onne, and Warri.
According to Mr Udofia, there is need for a comprehensive overhaul of moribund assets to stimulate economic activity in the region.
Mt Udofia, who highlighted the vital role journalists could play in trade promotion, encouraged media practitioners to explore entrepreneurial opportunities within the export value chain.
“Journalists are uniquely positioned to thrive in the export sector due to their strong research skills, particularly in brokerage and intercontinental trade,” he said.
“There are many Nigerian products that are highly valued and sought after abroad.
“I challenge you to align your reporting with the export environment, as your stories can attract investors and business partners,” he said.
Earlier, Ameachi Okonkwo, chairman of the NUJ Rivers Correspondents Chapel, underscored the importance of consistent media coverage of the blue economy and pressing issues in the maritime sector.
He said such consistency was bound to spur economic growth in the Niger Delta and beyond.
“Rivers holds vast potential capable of driving the blue economy. I urge us not to relent in using our stories to spotlight this opportunity,” he said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Jos resident gets one-year prison sentence for stealing bicycle
On Monday, a Jos Magistrates’ Court sentenced a 22-year-old panel beater, Mohammad Auwal, to one year in prison for stealing a phone and bicycle.

States
Police arrest, jail 22-year-old for stealing gas cylinder
On Monday, a Jos Magistrates’ Court sentenced a 22-year-old labourer, Emmanuel Ugwu, to six months in prison for stealing a gas cylinder.

Anti-Corruption
Businessman sentenced to 30 months in prison over N240,000 fraud
She also ordered the convict to pay N240,000 as compensation to the complainant.

Sport
Governor gifts Nasarawa Utd players N3.5 million for beating Plateau Utd
Nasarawa United players have been rewarded with N3.5 million for the matchday 33 victory over Plateau United.

Hot news Home top
Peruvian Nobel laureate Mario Vargas Llosa dies at 89
Peruvian novelist Mario Vargas Llosa, whose work ignited a global boom in Latin American literature, has died “peacefully”.