Shettima calls for maximisation of Africa's Blue Economy projected for $405 billion
. Shettima calls for maximisation of Africa's Blue Economy projected for $405 billion Lagos, May 31, 2024 The Vice President of Nigeria, Mr Kashim Shettima on Thursday called for the maximisation of Africa's blue economy projected to hit $405 billion by 2030. Shettima made this call in Lagos during the 2024 International Maritime Conference, Reginal Maritime Exercise and Maritime Exhibition among other activities. ReelzzNewzz24 reports that the topic for the conference was titled: "Secured Maritime Environment: A Panacea for Unlocking Africa's Blue Economy Potentials" The vice president represented President Bola Tinubu during the conference in celebration of the 68th Anniversary of the Nigerian Navy. According to Shettima, the blue economy is estimated to be worth more than $1.5 trillion per year globally and is projected to increase to $15.5 trillion by 2050. "The Africa blue economy strategy estimates that the blue economy generates nearly 300 billion do...