Business & Economy
Bayelsa Leads Nigeria’s Blue Economy Drive with Ambitious Maritime Plans- Expert

By David Owei, Yenagoa.
Bayelsa State is spearheading Nigeria’s maritime transformation with bold initiatives aimed at harnessing its vast marine resources.
As the first state to establish a dedicated Ministry of Marine and Blue Economy, Bayelsa is setting the pace for structured development in the sector, according to maritime expert Capt. Paul Mandela Ogoun.
Pioneering Policy Framework
Speaking on the state’s ambitious approach, Capt. Ogoun highlighted Bayelsa’s groundbreaking Marine and Blue Economy policy as a landmark achievement. The comprehensive 40-page document, he noted, was developed through extensive consultation with over 20 experts from academia, maritime law, and key federal agencies.
“This policy is a bold statement of intent,” Ogoun said. “While the Federal Ministry of Marine and Blue Economy is yet to finalize such a framework, Bayelsa has taken the lead in defining its maritime future.”
The document envisions Bayelsa as Nigeria’s leading maritime state while balancing its initiatives with federal maritime regulations.
Training the Next Generation of Maritime Professionals
A major highlight of the policy is its focus on human capital development. Capt. Ogoun revealed that Bayelsa plans to train at least 100 seafarers, 100 welders, and 100 divers annually over the next decade.
“These training programs will not only cover basic maritime skills but will also include specialized courses in autonomous ships and marine renewable energy,” he stated.
According to him, partnerships with renowned maritime training institutions—both local and international—will ensure that Bayelsa produces globally competitive maritime professionals.
“The goal is to equip our people with the skills required in modern maritime operations, reducing dependence on foreign expertise,” Ogoun added.
The Fish Cities Project: A Game-Changer for Local Fishermen
Governor Douye Diri’s Fish Cities Project is another transformative initiative aimed at transitioning the state’s fishing industry from subsistence-level operations to commercial ventures.
“The Fish Cities project is designed to provide modern processing facilities, cold storage units, and direct market access for fishermen,” Ogoun explained.
However, he noted that the initiative would require substantial infrastructural investment, including stable power supply, water treatment facilities, and environmental safeguards.
“Successful implementation will depend on community involvement and training,” he said. “Traditional fishermen will need to be equipped with new competencies to integrate seamlessly into commercial fishing operations.”
Enhancing Maritime Security
Bayelsa’s maritime expansion comes with security concerns, and the state is addressing these through the establishment of a Marine Safety Task Force.
“This task force is designed to tackle sea robbery, waterway offenses, and environmental protection,” Ogoun noted.
Integration with modern surveillance technology and collaboration with the Nigerian Navy and Marine Police will enhance security across Bayelsa’s waterways.
“Infrastructure development and manpower training for a local coast guard will be critical,” Ogoun stressed. “We also need quick-response centers along key waterways and vessel-tracking technology to monitor maritime activities effectively.”
Agge Deep Seaport: A Strategic Investment
Another pillar of Bayelsa’s maritime blueprint is the development of the Agge Deep Seaport, which Ogoun described as a potential economic game-changer.
“The port’s success will hinge on complementary infrastructure, including road and railway links to industrial hubs,” he explained.
He added that high private-sector investment through public-private partnerships would be essential to fund the project’s execution.
“Stakeholder engagement will also be crucial to address environmental concerns and ensure that local communities benefit from this project,” he stated.
Balancing Economic Growth with Environmental Sustainability
While Bayelsa’s maritime expansion is promising. Ogoun emphasized the need for environmental conservation.
“The state’s rich marine ecosystem, including its vast mangrove forests, must be protected,” he cautioned.
Environmental sustainability measures, including waste management policies and renewable energy integration, will be incorporated into maritime operations.
“Proper marine spatial planning will ensure that economic development does not come at the cost of ecological destruction,” he added.
Conclusion: Bayelsa’s Role in Nigeria’s Blue Economy
Capt. Ogoun believes that Bayelsa’s maritime initiatives serve as a test case for Nigeria’s blue economy potential.
“The establishment of the Marine and Blue Economy Ministry is a major step forward,” he said. “However, long-term success will depend on infrastructure development, federal-state collaboration, and community engagement.”
He called for evidence-based decision-making and pragmatic policy implementation to ensure that Bayelsa’s maritime ambitions translate into sustainable economic growth.
“Bayelsa’s journey will shape Nigeria’s national discourse on marine economy development,” Ogoun concluded. “If properly managed, this could become a model for other coastal states looking to harness their maritime potential.”
Business & Economy
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Business & Economy
Hajj: CSO urges enlightenment for Nigerian pilgrims on currency denominations

By Abdul-Ganiyy Akanbi,Abuja
A faith-based registered Civil Society Organization, CSO, that reports and advocates for workable Hajj policies, the Independent Hajj Reporters, IHR, has called on the States’ Muslim Pilgrims Welfare Boards, SMPWBs to conduct a special enlightenment programme to intending pilgrims on Saudi Arabian currency denominations.
The group, in a statement signed and released on Friday by its national coordinator Ibrahim Muhammad, said: “Now that the Central Bank of Nigeria, CBN has approved the payment of 2025 Hajj BTA via cash payment in US dollars, we call on States Muslim Pilgrims Welfare Boards, agencies and Commission to organize a special enlightenment program to educate Nigerian pilgrims on currency denominations especially on the exchange rates between US dollars and Saudi Riyals.”
It added: “Most of the Nigerian pilgrims are not conversant with foreign currencies especially US dollars and Saudi Riyals, and can hardly identify the value of each denomination unless they are guided during hajj, where hundreds of thousands of pilgrims engage in financial transactions.
“Given the above, Nigerian pilgrims should also be shown the Saudi Riyals currency denomination so that they can be able to identify such whenever they need to change US dollars to Saudi Riyals or make a purchase using either of the two currency denominations.
“This call is important due to past experiences where some dubious Saudi-based individuals shortchanged our dear pilgrims whenever they make purchases or try to convert their BTA to US dollars.”
IHR warned that Nigerian female pilgrims who patronize unregulated dental services to change their teeth as soon as they arrive in Madinah are more vulnerable to being shortchanged.
The group also pleaded with airlines to use the onboard educational system to educate pilgrims on the same subject as a way of corporate social responsibility to help mitigate the risks of financial losses on the part of intending pilgrims.
“Understanding denomination in today’s currency circulation is crucial as it serves as the foundation of all monetary transactions worldwide. It will enable pilgrims to comprehend the value of their BTA.
“According to the Central Bank of Saudi Arabia, SAMA, the most-exchanged foreign currencies during Hajj are the US dollar, the euro, the Singapore dollar, the Indian rupee, the Indonesian rupiah, the Emirati dirham and the Malaysian ringgi,” IHR stated.
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