National Blue Economy Strategy Implementation Plan (2025-2030)

5. Governance, poverty eradication, and innovative financing These five thematic areas were in line with the vision of the AU-IBAR Strategic Plan 2018 - 2023 and the African Union Agenda 2063 both contributing to Africa's integrated and secured transformation and growth. Therefore, the implementation of Nigeria's Blue Economy strategy will contribute to driving sustainable economic growth, social prosperity and inclusivity, and environmental stewardship. These would effectively be achieved by building upon the recommendations of STC-ARDWE in October 2019. The recommendations enjoined the African Union Commission as follows: i. To support adequate awareness creation, capacity building, and sharing of best practices of the application of the Blue Economy concept; ii. To support setting up Blue Governance mechanisms to ensure planning and coordination at continental, regional, national, and state levels; and iii. To mobilize resources for the implementation of Blueprint for Africa’s Blue Economy Strategy. The above recommendations enabled the AU-IBAR, through the support from the Kingdom of Norway to develop an implementation plan for the Nigerian Blue Economy Strategy. The development of the implementation plan required the engagement of blue economy stakeholders 9 comprising; coastal communities' representatives, Academia, private sector, relevant non- governmental organisations (NGOs), and other relevant government ministries agencies/departments (MDAs) in an elaborate consultative/validation workshop to achieve stakeholders' buy-in. Considering the foregoing, the current Implementation plan will serve the Nigerian Blue Economy Strategy as the forefront strategy of the nation for initiating actions to harness the potential for sustainable and inclusive development in Nigeria and to maximize opportunities for a more evolved and effective blue economy in Nigeria. Objectives and Contents The Nigerian Blue Economy Strategy Implementation Plan proposes a way forward to circumvent the challenges obstructing the implementation of the Blue Economy Strategy. The time frame (2025- 2030) for the implementation plan was decided at the broad-based stakeholders' final validation workshop held in October 2024 in Abuja Nigeria. It integrally captured the relevant Nigeria's blue economy components that include activities, implementation timelines, intended outputs, means of verification, and actors. The plan also specifies coordination mechanisms/modalities and architectures at national, state, and local government levels. The Implementation Plan will therefore contribute to the achievement of the African Union’s Agenda 2063; the 2014 Africa’s Integrated Maritime Strategy (2050 AIMS); the 2014 Policy Framework and Reform Strategy for Fisheries and Aquaculture in Africa (PFRS); the 2015 UN Agenda 2030 (Sustainable Development Goals, SDGs); and the 2016 African Charter on Maritime Security and Safety and Development in Africa (Lomé Charter), and the ECOWAS Blue Economy Strategies Framework (ECOBESEF). The Implementation Plan is structured around the five (5) Thematic Areas mentioned above, namely:

1. Fisheries, aquaculture, conservation, and sustainable ecosystems

2. Shipping/transportation, trade, ports, maritime security, safety, and enforcement

3. Blue tourism, climate change, resilience, environment, infrastructure

4. Sustainable energy, mineral resources, and innovative industries 10

5. Governance, poverty eradication, and innovative financing For each of them, an overall presentation of the context precedes the institutional arrangements required at various scales and between key stakeholders, and a synthesis table presenting goals, key objectives, and actions. A set of detailed tables identifying key actions, intended results, timelines, stakeholders, and means of verification is presented in the last section of the document. For each objective, specific indicators of progress will be provided. The elaboration of the tables was initiated during the stakeholders' consultative workshop, organized by AU-IBAR in collaboration with the Federal Ministry of Marine and Blue Economy in April 2024 in Abuja, Nigeria where 56 participants divided into 3 working groups contributed to the identification of the key activities to be performed. The draft Implementation Plan was finalized in October 2024 following a broad-based stakeholders’ validation workshop involving representatives from coastal communities, federal and state ministries, government agencies, academia, research institutes, non-governmental organizations, and international partners. About 95 participants and 30 organisations participated in the validation workshop. Overview This section will provide an overview of the context, specific objectives, and institutional arrangements to set up for each of the 5 Thematic areas. Thematic Area 1: Fisheries, Aquaculture, and Sustainable Aquatic Ecosystems Context and Specific Objectives Fisheries and aquaculture contribute immensely to blue growth in Nigeria while creating jobs, wealth, food security, improved livelihoods, employment opportunities, and human and national security. Thematic Area 1 revealed the importance of sustainable fisheries, aquaculture, conservation, and sustainable aquatic ecosystems. In Nigeria, over 1.477.651 people are reportedly engaged in the fisheries sector. The fisheries subsector contributed 1.09% to the national GDP in 2020 and 0.97% in the Q3 of 2021. The fish value chain which encompasses production, harvesting, processing, packaging, and distribution activities constitutes the value chain for the delivery of the commodity and contributes to the livelihood of those living in the coastal areas. 11 Women play a critical role in the fishery supply chain; it is estimated that women account for 15 percent of people directly engaged in fisheries and up to 90 percent of jobs in secondary activities (particularly in fish processing, whether in the formal or informal sector). The Nigerian fisheries sector is dependent on artisanal fishers, who account for more than 74% of total domestic production. This indicates that the industry is underutilized and underdeveloped. To maximize and unlock the potential of fisheries and aquaculture in Nigeria, targeted interventions that could increase productivity, profitability, and sustainability, by the relevant stakeholders in the sector should be prioritized. Thematic area one (1) is aimed at providing the following objectives for the nation;

1. Enhance conservation and sustainable fisheries and aquaculture resources

2. Optimizing fisheries and aquaculture wealth generation

3. Improving the livelihood of fishing communities and artisanal fishermen for sustainable development. Institutional arrangements to set up The institutional arrangements required to make this five-year (2025-2030) implementation plan effective and efficient for the sustainable fisheries and aquaculture sector could include the following non-prescriptive actions/elements as determined by the stakeholders' consultative/validation workshop. • The Department of Fisheries and Aquaculture (hereunder referred to as the Authority) under the Federal Ministry of Marine and Blue Economy, in charge of the fisheries and aquaculture in Nigeria serves as an engine that drives growth and provides a new impetus to unlock the full potential of the sector. It has oversight responsibility for setting up effective coordination mechanisms through broad consultative processes with other stakeholders and making relevant recommendations to drive the sector; Recommendations: • A Directorate or Unit be established, if not already existing, to oversee the planning, coordination, implementation, monitoring and evaluations; 12 • Under the Directorate/Unit, set up an all-inclusive Steering Committee composed of members from, among others, ministries/departments/agencies (MDAs) that have a stake in the sector (multisectoral approach/spatial planning, including environment, shipping, tourism, energy, agriculture, trade), representatives from the commercial fishing industry, small scale fishing representatives, fishing cooperatives/associations, academics, representatives of coastal communities, and NGOs. The Steering Committee may establish task teams or/and co-opt additional members of experts, as the need arises from time to time. • The primary responsibility of the Steering Committee will be to domesticate the plan and steer its implementation; • The Authority appoints/delegates a senior official to provide strategic leadership to the Steering Committee and serve as a primary liaison/link with the national Blue Economy Coordination Unit and as a contact point with the DREA-AU-IBAR, RECS, LMEs, AUDA-NEPAD, RFMOs, RFB, Inland Water Commissions and regional seas programs; • The Authority mainstreams the plan into general government development policies to ensure coherence in policy and unlock national public resources to help jumpstart implementation; • The Authority carries out its sectoral national, state, and local government obligations, including the implementation of this plan, supported by DREA-AU-IBAR and partners; • The Authority and DREA-AU-IBAR conduct periodic monitoring and evaluation (M&E). The table below presents the goals of Thematic Area 1. The set of detailed tables 1.0 – 1.14, in the last section, presents each Goal, Objective, and Target, the planned Actions, the expected results, the means of verification, the Time frame, and the Coordination & Partnership. Thematic Area 1: Fisheries, Aquaculture, and Sustainable Aquatic Ecosystems Goals Goal 1 Goal 2 Goal 3 Enhance conservation Achieving full wealth- Ensuring social inclusion and sustainable fisheries generating potential for and resilience whilst and aquaculture fisheries and aquaculture safeguarding 13 resources use while sector to optimally natural capital and minimizing conflicts contribute to the blue blue investment. with other blue economy economy growth subthemes Objectives 1.1 Establish 2.1 Develop sustainable 3.1 Promote sustainable institutional fishery and aquaculture livelihoods of coastal coordination for improved livelihood, communities. mechanisms within the food, and nutritional blue economy stakeholders security of Nigerians. 1.2 Designate an area- 2.2 Create an enabling 3.2 Improve fisheries and based ecosystem environment that will aquaculture governance for management approach attract adequate funding sustainable fisheries for Marine and inland and investments in the operations in Nigeria’s protected areas for fisheries and aquaculture maritime/inland effective governance of sub-sector ecosystems and protecting Nigerian marine natural investment in the fishing capital and ecosystem sector services. 1.3 Promote nature- 2.3 To continuously 3.3 Create safe working based solutions update existing conditions and security (mangrove/wetlands development plans to within the maritime and restoration) for reflect current economic inland waters. sustainable aquatic realities biodiversity conservation 1.4 Harmonize fisheries 2.4 Develop a climate- 3.4 Develop an aquatic and aquaculture resilient plan for the blue ecosystem protection plan activities with other blue economy to protect the marine and economy themes inland waterways. 1.5 2.5 Promote inclusive 3.5 blue value chain incorporating fisheries sustainable fisheries and aquaculture, ornamental fishery, and tourism sector 14 2.6 Accelerate the development of fisheries and aquaculture, fish processing, and storage capacities within blue economy-related industries Thematic Area 2: Shipping/Transportation, Trade, Ports, Maritime Security, Safety, and Enforcement Context and Specific Objectives The Maritime transport industry as a cluster of the blue economy contributes to and sustains economies of both coastal and landlocked countries, connecting industrial centres and markets within and beyond national borders. It is among the world's global innovative industries with the capacity to generate wealth and employment and it is an important driving force for sustainable economic growth and positive developments. However, the sector rated next to the oil and gas industry in terms of revenue generation to the Nigerian government is yet to be optimally maximised. This might be linked to a myriad of factors or challenges bedevilling the sector such as the existence of non-significant local ship ownership, longer cargo dwell time at port, arbitrary cost of shipping on port users (e.g. High tariff and other port charges), piratical activities/kidnap for ransom of seafarers in the GoG region, poor deep seaport development plan, poor port key performance indicators (KPIs), the contract of carriage for Nigerian cargo, obsolete port infrastructure, poor transport corridors, poor political will to disburse the cabotage vessel financing fund (CVFF) to local shipowners to acquire tonnages as foreign domination is still prevalent in the industry leading to capital flight. Globally, maritime trade is currently dominated by conglomerates that unilaterally set freight rates and thus organize the shipping market in their own way. This situation was favoured by a series of measures aimed at deregulation of the sector, with the main consequence being the disappearance of the liner conferences and the abandonment of the code of conduct for liner conferences, which established, inter alia, a key for allocating freight and an obligation of consultation between the different stakeholders, shipping companies and shippers. 15 However, there have been positive developments as, since 2017, the global economy and maritime trade rebounded from the historical lows of 2016, nearly a decade after the 2008-2009 economic and financial crisis. The main indicators of the economy and shipping have improved, reflecting growth in African investment, manufacturing, and trade in goods. As International, continental, regional, and national legal instruments exist (the UNCTAD Code of Conduct for Maritime Conferences of 1974, The Nigerian Merchant Shipping Act, the Cabotage Act, African Integrated Maritime Strategy (AIMS) 2050, the AU Agenda 2063, the ECOWAS Integrated Maritime Strategy (EIMS), ECOWAS Blue Economy Strategies Framework (ECOBESF) the revised African Charter for Maritime Transport, the Lomé 2016 Charter on Security and Safety), the approach consists of building on the current dynamic, both at a regional level, in close collaboration with AU member States, and at an international level to create synergy and build capacities through cooperation with various institutions and development partners. Institutional arrangements to set up The current institutional situation, which constitutes a handicap for maritime transport and the development of the shipping sector lies mainly in the lack of interest of the State authorities which attach more importance to other sectors, hence the following consequences: • International conventions and related agreements, even if they are ratified, are not implemented, • Inconsistent government policies as regards port tariffs on imported goods and trade facilitation policies, • Taking undue advantage of the wavier principle to sabotage the Cabotage Act, • Foreign domination of the Nigerian shipping sector by foreign vessels led to capital flight, unemployment of Nigerian seafarers and ships, • Non-compliance of Nigerian ports to IMO Shipping Decarbonaisation Strategy and other Carbon-footprint reduction frameworks, • Poor political will to pay significant attention to the management of maritime traffic rights recognized by UNCTAD, which prevents Nigerian/African shipping companies from being competitive with those of other continents. This situation is aggravated by a lack of 16 synergy between the national administrations responsible for the management of the different modes of transport. In that regard, for the governance of the sector and coordination of the activities, it is necessary to make the following recommendations to suit the Nigerian perspective: Recommendations: • Promote the full implementation of the following Nigerian maritime legislations; The Merchant Shipping Act 2007, The Coastal and Inland Shipping (Cabotage Act) 2003, the Nigerian Maritime Administration and Safety Act 2007, the Nigerian Ports Authority Act 1999, the National Inland Waters Act 2004, the Oil in Navigable Waters Act 2004, the Territorial Waters Act 2004, Nigerian Shippers' Council Act 1978, and Port Economic Regulation 2015. • Enhance the coordination bodies of the blue economy in Nigeria. It is also necessary to strengthen the institutional support of the Nigerian State to the organizations of the maritime sector (Maritime Organization of West and Central Africa "MOWCA", the management organization of the ports of West and Central Africa "AGPAOC (PMAWCA), the Yaoundé code of conduct security architecture. With this synergy, it will be possible to implement the various conventions on safety and security, including the Lomé Charter 2016, and facilitate the fight against piracy. This synergy will also make it possible to manage maritime traffic rights for the benefit of Nigerian shipping companies. • Ratify international conventions and various regional and sub-regional agreements on maritime transport and international trade, particularly those on the free movement of people and goods (eg. AfCFTA). It is also necessary to establish good governance, including at the level of ports. A set of international conventions adopted by UNCTAD, IMO, GATT / WTO, ITC, and ISO aim to optimize commercial activities and international transport to stimulate economic development. The proper application of these international conventions should: • Promote the safety of navigation and cargo clearance at Nigerian ports • Enhance trade facilitation and promote the orderly expansion of trade and transport; harmonize standards • Remove every barrier to trade and promote the unification of trade documents 17 • Improve the ease of doing business at Nigerian ports, making the ports more user-friendly • Promote transport intermodality and the linking of the ports with the hinterlands, thereby optimizing costs and reducing congestion at the ports • Fully implement the national cabotage transport, which could help promote coastal trade and build indigenous capacity. • Facilitate integrated transportation; set up databases on the entire trade and transport chain. • Ensure better synergy and consultation between the national structures responsible for managing maritime transport for more consistency and efficiency in actions. This synergy will make it possible to modernize Nigerian ports and create new ports capable of receiving the latest generation of ships, strengthen and modernize universities, schools, institutes, and specialized academies for the training of actors, and control sea freight. The table below presents the goals of Thematic Area 2, The set of detailed tables 2.0 – 2.14, in the last section presents each Goal, Objective, and Target, the planned Actions, the expected Results, Means of verification, the Time frame, and the Coordination & Partnership. Thematic Area 2: Shipping/Transportation, Trade, Ports, Maritime Security, Safety, and Enforcement Goals Goal 1 Goal 2 Enhance maritime Enhance maritime transportation and logistics administration governance 18 Objectives 1.1 Ensure effective 2.1 Develop a robust cabotage regime to develop governance of the indigenous tonnage and human development capacity. Nigerian maritime domain to enhance the safety and security of vessels 1.2 Develop port access 2.2 Review the International contract of carriage for and improve intermodal our local cargo (crude oil) from free onboard (FOB) to transport to link the Cost insurance and freight (CIF) ports with other hinterlands 1.3 Modernize and 2.3 Dredge the ports and harbour to ensure digitize Nigerian ports to accessibility to vessels with a bigger draft. accommodate bigger vessels and for effective and efficient port operations 1.4 Develop a robust 2.4 Improve port indicators of service (turnaround cabotage regime to time, waiting time, etc.) and monitor arbitrary charges, enhance Indigenous and handling costs to improve port choice and tonnage and human attractiveness of Nigerian ports. development 1.5 2.5 To expand indigenous shipping/trading routes within Africa and beyond. 1.6 Draft and implement 2.6 Dredging of the inland waterways to enhance a National Integrated inland water transportation. maritime security framework for effective interdiction of maritime crimes in Nigeria’s Maritime domain. 19 1.7 Create an enabling 2.7 Streamlining of agencies that operate in the ports environment to increase to enhance ease of doing business. shipbuilding and maintenance capacity 1.8 Promote the 2.8 To ensure standardization and effective operation cooperation and of barges, boats, ferries, etc. operations within inland collaboration of waterways for safe operations. Nigerian navies with regional navies under the auspices of the Yaoundé security architecture for effective maritime security interdiction in the NMD and the Gulf of Guinea region Thematic Area 3: Blue Tourism, Climate Change, Resilience, Environment, Infrastructure in the Context of Nigerian Blue Economy Context and Specific Objectives The blue economy concept has been mainstreamed globally, especially for coastal, inland, and small island developing states. The Blue economy has been adduced as the renaissance of the African economy. The ocean offers regenerative solutions to key planetary challenges, namely climate change, pollution, overfishing, and others. Hence, Nigeria can intentionally recalibrate efforts towards unlocking a regenerative blue economy that prioritises restoration and protection of the natural resources and ecosystems through which people can thrive, especially by leveraging resources to create knowledge, technical assistance, and return on investments in a people- sensitive blue economy. It is noteworthy that the blue economy concept was developed from the green economy concept both working together to achieve sustainable development. The critical 20 gap in these concepts, particularly in the Nigerian context, is a mechanism for their efficient and effective implementation. There is continuously inadequate practical information available to African countries willing to implement the blue economy concept at the national and or regional levels. There is, therefore, a need to move beyond the current political dialogue or advocacy debate about achieving sustainable development through the blue economy. It is necessary to prioritise sustainability, climate resilience, a clean environment, resilient infrastructure, and economic prosperity while actively seeking to protect and rejuvenate our marine and coastal ecosystems. The approach to be undertaken for this Thematic Area is based on the integration and prospection of marine and freshwater ecosystems with economic pillars inclusive of growth and sustainable development. The table below describes three key goals requiring institutional support for efficient and effective implementation through strategic interventions. Institutional arrangements to set up The current institutional landscapes in Blue Tourism, Climate change, Resilience, Environment, and Infrastructure in the context of Nigeria's Blue economy, exist piecemeal and are complex. Each sector has a separate institutional arrangement. Key issues arise from: • Low level of tourism awareness and its benefits among Nigerians • Poor regulatory legislation and ineffective implementation of the Nigerian Tourism Development Master Plan. • Lack of political will by the government to pursue tourism development. • The effects of climate change on the coastal regions resulting in flooding, coral bleaching, sea-level rise, and the destruction of aquatic species negate the development of blue tourism in Nigeria. • Poor blue tourism infrastructure development negates domestic tourism. • Maritime insecurity because of piracy and kidnap of seafarers for ransom in the Niger Delta coast and the Gulf of Guinea at large discourages the development of blue tourism in Nigeria. • Low patronage of domestic coastal and marine tourism products has led to poor investment and low development of the domestic sector. 21 • Lack of tourism data to ensure adequate planning of the domestic blue tourism sector. • The lack of institutional coordination of the national mechanism to measure the economic impact of tourism in Nigeria. • Lack of cooperation and collaboration of relevant institutions and stakeholders for blue tourism development in Nigeria Blue Economy is a multi-disciplinary field, and as such, the National Blue Economy Strategy cannot be unilaterally implemented by a single institution. However, the institutional setup to enable an efficient and effective implementation plan necessary for the specific intervention will be consensual, pragmatic, and sustainable. The aspect of consensual intervention will support institutional set-up emanating from the stakeholders' consultation/validation processes; pragmatic containing economic impact, diversification, innovation, investment in human capital and regional integration; and, sustainability in relation to inclusivity, strengthening governance, enhancing quality, and improving climate, environment, and resilient infrastructure with safeguards against pollution and overexploitation. The institutional set-up arrangements to make the implementation plan efficient and effective for the Thematic Area require the following: • Set up a proper Tourism coordination mechanism drawing from the Tourism Satellite Account (TSA) - a standard methodological framework and the main tool for the economic measurement of tourism - and the System of Economic and Environmental Accounting (SEEA) framework that integrates environmental and economic data; • Nigeria should develop her Tourism sectors based on a System of National Accounting (SNA) structure, of supply and demand of goods and services, adapted to the country's development priorities and policy needs; • Ensure links between SNA to the overall integration of both TSA and SEEA as required to generate information that will be used in decision-making, policy review and formulation, analysis, and research in blue tourism; • Fix current institutional inefficiencies, data gaps, and information problems originating from inbound domestic tourism and outbound tourism expenditure; internal tourism expenditure; production accounts of tourism industries; The Gross Value Added (GVA) 22 and Gross Domestic Product (GDP) attributable to tourism; employment, investment, and non-monetary indicators; • Ensure coherence and synergies between Nigerian Tourism institutional coordination based on TSA and SEEA with Member States SNA; and, • Develop institutional mechanisms to promote Nigeria’s tourism with potential to increase GVA and GDP The table below presents the goals of Thematic Area 3, The set of detailed tables 3.0 – 3.17, in the last section presents each Goal, Objective, and Target, the planned Actions, the expected Results, Means of verification, the Time frame, and the Coordination & Partnership. Thematic Area 3: Blue Tourism, Climate Change, Resilience, Environment, Infrastructure in the Context of Nigerian Blue Economy Goals Goal 1 Goal 2 Goal 3 Development of the Promote integrated and Provide support for the coastal and marine Sustainable blue development of resilient sector in compliance tourism Infrastructure in the blue with environmental tourism sector. protection and health laws, guidelines and regulations Objectives 1.1 Develop 2.1 Promote Nigeria’s 3.1 Develop and integrated rich cultural heritage, implement integrated strategies for pristine beaches, and strategies for blue sustainable tourism. natural sites to attract environmental management maritime tourism 1.2 Develop 2.2 Develop capacity to 3.2 Develop and capacity for strengthen relevant implement integrated climate resilient institutions for human tourism infrastructure economies and capital in tourism. strategies. communities. 23 1.3 Designate 2.3 Harmonize 3.3 Create safe working areas with collaboration on conditions and security endemic species such transboundary matters for all participants as Inland waters and Marine Protected Areas. 1.4 2.4 Enhance 3.4 Deploy early warning partnership between systems for preparedness public and private and responses to adverse sector for the weather conditions development of blue tourism 1.5 Develop a 2.5 Promote R&D and 3.5. Build resilient risk management technology transfer infrastructure that will framework and withstand the effects of promote domestication climate change of ratified conventions, and treaties into national legislations by all tiers of government 1.6 Develop maritime 2.6 Enhance inter and 3.6. Promote Indigenous database and intra coordination security architecture for information the mechanism among security issues that allow mechanism for relevant stakeholders for ownership by monitoring and evaluation and Nigerians dissemination mechanism 1.7 Development, 2.7 Promote incentives 3.7 Promote the implementation, and for coastal communities integration of blue monitoring of waste as well as small and carbon and ecosystem management, pollution medium-scale services into CC policies control, and emissions enterprises’ in line with involvement in and coastal and aquatic international standards maritime tourism. policies 24 Thematic Area 4: Sustainable Energy, Mineral Resources, and Innovative Industries in the Context of Nigerian Blue Economy Context and Specific Objectives This Thematic Area focuses on three sectors of the blue economy, namely sustainable blue energy, mineral resources, and innovative industries. Access to electricity plays a crucial role in the socioeconomic development of Nigerians. It enables the establishment and growth of industries, leading to job creation and economic growth. In 2024, the percentage of the Nigerian population with access to electricity was reported to be 45%. Large disparities exist in access to electricity between urban areas (84%) and rural areas (26%). Electricity is an essential part of modern life and important in driving socio-economic development. The penetration of sustainable blue energy in the Nigerian energy mix is an area yet to be harnessed. Sustainable blue energy can help Nigeria meet its energy needs and power sustainable economic growth, creating jobs while achieving global climate and sustainable development objectives. Sustainable blue energy includes renewable and non-renewable energy sources including waves, tides, rivers, lakes, thermal, oil, and gas. Land-based water bodies can also provide small pico- hydropower and emerging energy technology such as floating solar photovoltaics (FPV). Ocean mining such as deep-seabed and seawater mining of several minerals is another form of blue economy that can substantially contribute to the Nigerian economy, but it is yet to be harnessed. In tapping the potential of sustainable blue energy, mining resources, and other blue energy sectors, the development, application, and transfer of innovative technologies are critical, which could accelerate their benefits. To unlock the potential of sustainable blue energy, mineral resources, and innovative industries, a few interventions need to be implemented. The table below describes four key goals requiring technical, institutional, regulatory, and human development for effective implementation through strategic interventions. The implementation of the strategic goals is expected to help increase access to electricity to meet the increasing demand, drive the Nigerian economy, meet global demand for minerals for economic development, and optimizing the blue economy benefits. Institutional arrangements to set up Though the institutional landscape of oil and gas, and land-based mining are well developed, sustainable blue energy and ocean mining resources are not yet integrated and institutionalized. However, the challenges of institutional requirements for implementation and fully unlocking these potentials remain at large. Some of the key issues that have national and regional perspectives include: 25 • A regulatory framework is important to implement projects and attract investment, especially in the blue energy and ocean mining sectors. However, Nigeria does not have adequate regulatory frameworks to implement especially blue energy and ocean mining projects. • Lack of awareness of the potential of sustainable blue energy and seabed mining is another challenge that undermines the contribution of these sectors. Nigeria has huge FPV, wave energy, and tidal stream power but has yet to harness these technologies. • Limited technical capacity and knowledge especially regarding the technological advancement and application of blue energy technologies. • Inadequate power grid infrastructure also hinders reticulating the generated power to the hinterlands. • Poor implementation of the Nigeria Energy Transition Plan (NETP), National Renewable Energy and Energy Efficiency Policy (NREEP), and other institutional instruments for driving the sustainable energy sector. The institutional set-up arrangements required to make the implementation plan efficient and effective for sustainable blue energy, mineral resources, and innovative industries could include: • Integrating sustainable blue energy, mineral resources, and innovative industries into national initiatives and policies; • Enhancing collaboration with international, regional, national, and private sectors, for example, the International Seabed Authority (ISA) and Power Africa; • Developing regulatory frameworks to attract private sector investments in blue energy and deep-sea mining in a manner that benefits the community and preserves marine biodiversity; • Developing a national database to monitor activities and share experiences; • Strengthen research and development (R&D) of the AU research and development bodies such as the African Union – Inter-African Bureau for Animal Resources (AU-IBAR) and African Union Development Agency (AUDA-NEPAD); and • Enhance collaborations among national, regional, and continental research and development institutions specialized in these sectors. The table below presents the goals of Thematic Area 4. The set of detailed tables 4.0 – 4.16, in the last section, present each Goal, Objective, and Target, the planned Actions, the expected Results, the Means of verification, the Time frame, and the Coordination & Partnership. 26 Thematic Area 4: Sustainable Energy, Mineral Resources, and Innovative Industries in the Context of Nigerian Blue Economy Goals Goal 1 Goal 2 Goal 3 Goal 4 Unlock Create a Development of Harnessing sustainable blue conducive the sector in the potential energy potential regulatory compliance with of innovative environment for all industries the development environmental through R&D and application of protection and sustainable blue health laws, energy guidelines and regulations Objectives 1.1 Increase 2.1 Reform 3.1 Ensure regular 4.1 Develop blue energy unsustainable monitoring and Policy and penetration in financial evaluation of Strategy the Nigerian structure and environmental risk to accelerate the energy mix that create effective management plans transfer and is affordable energy finance for all mining application of instruments areas. blue economy technologies 1.2 2.2 Develop and 3.2 Proscribe solid 4.2 Strengthen implement a minerals institutional, sustainable blue prospecting and infrastructural energy master mining in fragile and human plan, policy, and ecosystems capacity strategies. including coastal development, also waters, forests, and ensuring gender other areas of high equity heritage value 1.3 Assess 2.3 Develop and 3.3 Capacity 4.3 Promote the availability ensure building and the application of sufficient implementation technology of innovative infrastructure at of Environmental transfer. industries database (a) national (b) Impact and support tools. regional, (c) and Assessment continental level. (EIA) guidelines. 1.4 Power the 2.4 Develop 3.4 Strengthen the 4.4 Create blue economy Environmental, existing innovative through Social, and collaboration with industry database awareness Security Agencies Governance and support tools creation and (Ministerial adequate (ESG) risk Surveillance funding, Taskforce) including for 27 local assessment communities guidelines 1.5 Incorporating 2.5 3.5. Regulate all Space and levels of mining Emerging including those at Technologies artisanal scales. into the blue economy for 3.6 Incorporate better relevant provisions observation, of International monitoring, and and regional management of Agreements into ocean resources national and ecosystem legislation. Thematic Area 5: Governance, Poverty Eradication, and Innovative Financing in the Context of the Nigerian Blue Economy Context and Specific Objectives The maritime sector has become increasingly important as many African States see the Blue Economy as the next economic frontier, encapsulated with opportunities for economic growth and food security. It can be one of the key drivers for Nigeria’s welfare and prosperity particularly in the context of the population dynamics, the requirements for employment, food and energy security, transport, and infrastructure. The Blue Economy as a concept of sustainable development, has mainstreamed in economic development policies in various countries, including Nigeria. The blue economy is a subset of the ocean economy and the identification and valuation of the segments or sectors that constitute the ocean economy is often the first step in the process of planning Blue Economy development or identifying potential Blue Economy opportunities. 28 Thus, BE offers an opportunity to re-invest in human capital, to increase the benefits obtained from aquatic resources and sea uses as well as the equity of their sharing. It consequently contributes to preventing the vulnerable, often marginalised populations, from missing out on socio-economic opportunities in the maritime sector. It offers also a great opportunity to promote innovation and to get access to new financial instruments (Blue bonds), which can enhance investment diversification and hence strengthen the shift toward more sustainable development pathways. Institutional arrangements to set up Nigeria has a dedicated Ministry of Marine and Blue Economy; however, significant institutional and governance challenges remain, constraining its ability to effectively formulate and implement policies relating to the growth and development of the blue economy. This would require the strengthening of key national institutional capacities, harmonisation of conflicting government agencies' mandates, and the effective implementation of blue economy-related functions. It would also entail capacity enhancement and incentivization of those entities and structures that are related to the key sectoral aspects of the blue economy, among others. From a governance perspective, there is a need for: • Ensuring the consistency of all regional and national BE initiatives, policies, and strategies with the continental one; • Improving the existing infrastructure and equipment for monitoring and enforcement in the blue economy sector • Developing a Blue Governance framework for ensuring the coordination of activities following the subsidiarity principle; • Developing proper tools for Blue Governance such as Blue Economy Accounting, Marine Spatial Planning, and Blue Economy Standards • To ensure a transformative change in the Nigerian Economy that promotes employment and inclusivity, institutional changes should be promoted in the following ways: • Improving international cooperation and collaboration to drive the blue economy sector; • Developing human capital to tackle the effects of climate change on the ocean, to change the constraints into opportunities through the enhancement of the health of the marine and coastal ecosystem services to go beyond the adaptation and mitigation objectives and allow the ecosystems to become sustainable sources of wealth. • Developing integrated strategies for ensuring sustainable and inclusive blue growth and AFCFTA. • Developing Blue Bonds to encourage sustainable blue investments. • Defragmentation of government institutions in the Nigerian blue economy sector to minimize conflicting interests among ministries and agencies. 29 The table below presents the goals of Thematic Area 5. C, in the last section, presents each Goal, Objective, and Target, the planned Actions, the expected results, Means of verification, the Time frame, and the Coordination & Partnership. Thematic Area 5: Governance, Poverty Eradication, and Innovative Financing in the Context of the Nigerian Blue Economy Goals Goal 1 Goal 2 Goal 3 To Strengthen To promote the Nigerian Nigeria to assume Institutions for Blue Economy to drive leadership for financing Policy Governance to Economics Blue Economy coordinate Nigerian Transformations development Blue Economy Objectives 1.1. Foster coherence 2.1. Mainstream 3.1. Develop innovative in policy practice integrated strategies and sustainable and harmonisation for sustainable and financing tools and of regulatory inclusive Blue Economy enablers to implement frameworks within with a focus on value Blue Economy strategies at and across sectors chain enhancement the state, local, and and levels national levels 1.2. Capable 2.2. Mainstream 3.2. Initiate sustainable institutions to relevant mechanism fiscal reform and other foster inter-sectoral and framework to incentives to improve the collaboration, operationalise AfCFTA financial system and implementation and and other regional and improve PPP and accountability in Continental financing (State and delivering on Nigeria’s Frameworks non-State) for blue blue economy goals economy 1.3. Enhance 2.3. Reinforce Blue 3. Promote creation analytical and Economy capacities and of a Nigerian Blue information support accelerate science, business alliance for the system at all levels technology, and health and for informed decision innovation sustainable use of Nigerian making and reporting Aquatic Ecosystems 30 Thematic areas in detail For each Thematic Area, strategic goals are divided into specific objectives, which are themselves characterized by several targets. Detailed breakdowns of the targets, actions, expected results, and means of verification for each objective will be contained in the Tables below. These targets are not exhaustive or static and can be reassessed during the mid-term review of the Implementation Plan. Thematic Area 1: Fisheries, Aquaculture, and Sustainable Aquatic Ecosystems Table 1.0: Thematic Area 1, Objective 1.1 of Goal 1 Goal 1: Enhance the conservation and sustainable fisheries and aquaculture resource use while minimizing conflicts within the blue economy subthemes Objective 1.1 Establish institutional coordination mechanisms to harmonize fisheries and aquaculture activities with other blue economy stakeholders Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Establish Establishment Two maritime Mid-term/ 2nd - C: Federal institutionally of the marine coordinating Quarterly 4th Ministry of multi-sectoral blue economy institutions; reports quarter Marine and Blue coordination institution. -The marine 2025 Economy mechanisms waters (Short- (FMMBE) at the Establishment coordinating term) P: MEnv, national and of an inland body Min. of state levels blue economy -The inland Petroleum institution. waters Resources, coordinating Min. of Mines & body Steel -Synergy Development, among relevant FMARD, stakeholders Min. of Water resources, States Govts, FAO, Universities & Research institutions, 31 Maritime security agencies, FISON, Fish farmers’ Associations and other relevant stakeholders. Delegate a Official Minutes of 2025 C: FMMBE senior official, appointed meeting of P: National at the level of coordinating stakeholders a Director or units higher, to provide strategic leadership to the working group. Conduct Evaluations -Mid-term 2025- C: FMMBE periodic conducted report 2027 P: National monitoring and -Terminal stakeholders evaluation of report the progress made, diagnose the problems, and propose satisfactory solutions. A yearly mid- term evaluation and a terminal evaluation. Conduct a Situational Situational 2025- C: FMMBE, situational assessment Analysis 2027 FMENV, assessment of conducted Report P: National\ sub- fisheries national resources Stakeholders, and other relevant research institutes Integrate key Key Minutes of 2025- C: FMMBE stakeholders in stakeholders sector 2030 P: Technical planning and integrated at all Working Groups 32 implementation levels ministries at all levels completed and key stakeholders Develop an Action Plan Approved 2025- C: FMMBE, integrated developed and Action 2026 FMENV, budgeted approved Plan P: National action plan to available Stakeholders and implement development situational partners assessment and stakeholders’ integration Develop a National Cabinet 2025- C: FMMBE Multi-sectoral Spatial communique; 2026 National Management Spatial Plan developed Management and approved Plan for Blue Economy themes Adopt a Conduct a A study Study Report 2025- C: FMMBE multi-level multi-sectoral identifying available 2027 approach study (s) to incoherence for identify in policies harmonized incoherent conducted fisheries policies in blue and economy aquaculture themes for policy at harmonization international, regional, sub Ratify and/or Relevant Record of 2025- C: FMMBE regional align relevant instruments instruments 2027 P: Departments national and international/ ratified/acceded of and Research state-level regional or aligned ratification/ Institutes charged instruments accession with fisheries related to blue development economy themes 33 Table 1.2: Thematic Area 1, Objective 1.2 of Goal 1 Goal 1: Enhance conservation and sustainable fisheries and aquaculture resources use while minimising conflicts with other blue economy subthemes Objective 1.2 Designate an area-based ecosystem management approach for Marine and inland protected areas for effective governance of Nigerian blue economy natural capital and ecosystem services. Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Develop a Find ways Fisheries and National 2025- C: FMMBE, sector to aquaculture Development 2027 FDF&A strategy that mainstream strategies Plan; P: BE is built fisheries and mainstreamed Ministerial Coordinating around the aquaculture into national Strategic Centre generation strategies developmental Action and and plans plans Plan sustainability into national of societal development benefits plans Implement Best practices Ministerial 2025- C: FMMBE, globally implemented annual 2030 FDF&A accepted reports best P: Private practices sector, CBOs, and policies NGOs, fishing and pursue Communities, excellence Development in Partners fisheries science and integrated evaluations 34 Setup Management Ministerial 2025- FMMBE management frameworks annual 2026 (FDF&A) frameworks developed and reports P: Research for each approved Institutes, fishery and Fisheries for stakeholders unexploited or under exploited resources Introduce Co- Ministerial 2025- co- management annual 2028 management approved and reports and the EAF Ecosystem management Approach to institutionalised Fisheries (EAF) management Table 1.3: Thematic Area 1, Objective 1.3 of Goal 1 Goal 1: Enhance conservation and sustainable fisheries and aquaculture resources use while minimizing conflicts with other blue economy subthemes Objective 1.3 Promote nature-based solutions (mangrove/wetlands restoration) for sustainable aquatic biodiversity conservation Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Rehabilitate Assess Assessments Assessments 2025- C; FMMBE degraded degraded undertaken reports 2028 (FDF&A) fishing fishing P: Research grounds/zones grounds/zones Institutes and (NIOMR & implement NIFFR), rehabilitation Fisheries measures Stakeholders 35 Assess the Assessments Assessments 2025- introduction conducted reports 2028 of marine protected areas (MPAs) Evaluate Implement EAF EAF 2025 - C; FMMBE socio- EAF management management 2028 P: Research economic management implemented regime in place Institutes impacts of by- that (NIOMR & catches accounts for NIFFR) ecological interactions including by- catches Monitor and Identify Pollution Reports 2025- C; FMMBE manage water pollution ‘hot spots’ available 2028 P: Research quality around ‘hotspots’ and identified Institutes pollution implement Monitoring (NIOMR & ‘hotspot’ pollution programmes NIFFR) locations. monitoring in place programmes Put mitigation Instruments Measures in 2025- C; FMMBE measures in ratified and place 2027 P: Research place to implemented Institutes prevent and (NIOMR & abate NIFFR) pollution Min. Of Water Resources NIMASA, FMEnv Accede and Be part of Instruments National reports 2025- C; FMMBE implement pollution ratified and available 2028 P: Research pollution- instruments implemented Institutes related and (NIOMR & instruments implement NIFFR) them Min. Of Water Resources NIMASA, FMEnv. Assess the Prepare a Cost-benefit Cost-benefit 2024- C; FMMBE environmental cost-benefit analysis reports 2028 P: Research analysis of the Institutes 36 impact of fisheries and performed (NIOMR & fisheries and aquaculture to and NIFFR), FMEnv aquaculture assess its approved against socio environmental economic impact on gains socio economic benefits Table 1.4: Thematic Area 1, Objective 1.4 of Goal 1 Goal 1: Enhance conservation and sustainable fisheries and aquaculture resources use while minimising conflicts with other blue economy subthemes Objective 1.4 Harmonize fisheries and aquaculture activities with other blue economy themes Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Develop Identify and Possible areas Report 2025- C: FMMBE strategic develop identified. available 2028 (FDF&A) collaboration possible areas P: Relevant with other of Stakeholders in sectors of collaboration the BE the blue economy Developed Conduct a Harmonized Published 2025 - C: FMMBE harmonized Joint review SOP developed Harmonized 2027 FDF&A standard of of each SOP available Maritime operation to sector's SOPs Services minimized as related to Maritime overlapped sustainable Safety Dept. functions fisheries to develop a P: Research harmonized Institutes, SOP Relevant Stakeholders in the BE Develop Participate in, Participation of Minutes of 2025 - C: FMMBE strategic and provide Coordinating Meetings 2030 (FDF&A) units in interministerial 37 cooperation support to the committee P: Relevant in fisheries RFMOs, meetings. Stakeholders in and RECS, the BE aquaculture RFB Assess Conduct a A study Reports and 2025 - C: FMM&BE coherence of study to conducted minutes 2028 (FDF&A) fisheries determine Decision- available P: Research management if fisheries making process Institutes at regional management harmonized (NIOMR & levels and approaches NIFFR) and harmonize are coherent at other relevant where the stakeholders feasible regional level, and harmonize decision- making processes Define the Develop joint Joint Minutes and 2025 - C: FMMBE approaches management management reports of inter- 2028 (FDF&A) to the plans and plans ministerial P: Relevant management protocols for and protocols meetings Stakeholders in of shared shared developed, the BE fisheries and stocks and approved and ecosystems implement implemented joint assessments for shared stocks Establish Introduce Zones gazetted Government 2025- C: FMMBE aquaculture zones for Gazette 2028 (FDF&A) zones and aquaculture P: Relevant conserve development Stakeholders in critical biota the BE Identify and Habitats National 2025- C: FMMBE protect critical identified and reports; 2027 (FDF&A) habitat and conservation RFBs reports P: Relevant migratory plans adopted Stakeholders in routes the BE Set up Institutionalise MFSP National reports 2025- C: FMMBE, conflict Marine and institutionalized 2028 (FDF&A) resolution 38 mechanisms Freshwater P: Relevant Spatial Stakeholders in Planning the BE (MFSP) Table 1.5: Thematic Area 1, Objective 2.1 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.1 Develop sustainable small-scale fisheries and aquaculture for improved livelihoods, food, and nutritional security of Nigerians Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Delineate fishing Ministerial 2025 - FMMBE zones for the Establish and Fishing reports/ 2028 (FDF&A) small-scale enforce zones for documents NIOMR fisheries fishing small NIFFR zones for scale fishers State Establishment of a small-scale established Department licensing regime for fishers and enforced of Fisheries small-scale fisheries. Introduce Selective Ministerial 2025 - selective and and location statements/ 2028 location- specific decisions specific fishing gear fishing gear introduced 39 Catalogue Identify, Migratory Reports 2025 - migration of describe, and fishery available 2029 fishermen quantify identified migratory described movements and of quantified fishermen outside the licensed fishing zones Define decent Undertake Study on Reports 2025 - C: FMMBE working studies on working available 2028 (FDF&A), conditions working conditions P: Min. of conditions conducted Labour, Sub- national Set up professional Establish and Associations Associations 2025- FDF&A, organizations recognise established press 2028 Sub-national, fishing releases FISON associations Fisheries Cooperative Societies Apply FAO Code Sensitization Guidelines Guidelines 2025 - FMMBE of Conduct for and implemented available 2028 (FDF&A), Responsible awareness NIOMR, Fisheries to creation. NIFFR, Sub- securing national, Sustainable Small- Implement Fisheries scale the Cooperative Fisheries guidelines Societies Table 1.6: Thematic Area 1, Objective 2.2 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.2 Create an enabling environment that will attract adequate funding and investments in the fisheries and aquaculture sector. 40 Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Define all Assess the Aquaculture Reports 2025 - FMMBE possibilities for possibilities for investment available 2028 (FDF&A) market-driven market-driven opportunities FMAFS led aquaculture led aquaculture identified. Private Sector investments investment and Devt. Partners make BOI recommendations Min. Of Trade & Investment Set up systems Introduce a Value-chain Reports 2025- C: FMMBE to improve value-chain introduced available 2027 FDF&A the enabling approach to P: Fisheries environment aquaculture Cooperative for fisheries & development. Societies aquaculture Research investment in Develop a A database Database 2025 - Institutes Nigeria. database for the for the sector available 2028 Devt Partners sector developed online Empower small- Small-scale Evidence of 2025- scale farmers farmers empowerment 2029 by implementing empowered available the best management practices (BMPs) and the adoption thereof Implement EAA Annual 2025- Ecosystem management reports on 2028 Approach to in place EAA Aquaculture (EAA) management Domesticate Increase the National Annual 2025- C: FMMBE aquaculture allocation of allocation to national 2030 P: FEC, strategies and national budgets aquaculture budget plans into for aquaculture increased available 41 national Put in place Standards Standards and 2025- C: FDF&A development standards and and norms norms 2028 P: FMAFS plans norms on aquatic on documents (Veterinary especially the animal health: aquatic accessible Control CAADP fish disease, health Services), safety, quality negotiated Devt. Partners and traceability Implement Biosecurity Quarantine 2025- C: FMMBE quarantine measures for measures in 2028 (FDF&A) measures aquaculture place P: FMAFS for the value chains and reported (Veterinary introduction of introduced in Control exotic and the national Services), and genetically implemented report Devt. Partners modified ARCN genomes Set up new Implement new New proven Production 2025- FDF&A production and proven production reports 2028 Private sector, technique production techniques Research techniques done Institutes Devt. partners Identify skills Carry out Training Training 2025- gaps in private training and completed reports; 2030 and public capacity annual reports sectors and development of develop interventions to private and strategic plans strengthen the public and capacity of the sectors their private and implementation public sectors in developing realistic plans and in implementing them 42 Table 1.7 Thematic Area 1, Objective 2.3 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.3 To continuously update existing development plans to reflect current economic realities. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Review and National National Updated and 2025 C: FMMBE update Fisheries and Fisheries legislated (FDF&A) existing laws Aquaculture and document. P: Min. Of and policy document Aquaculture Justice regulations review and Act 2014 updated updated and -National passed into Fisheries and law Aquaculture Policy domesticated and passed into law Table 1.8: Thematic Area 1, Objective 2.4 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sectors to optimally contribute to the blue growth Objective 2.4 Develop a climate-resilient plan for the blue economy Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Enhance Prepare and Timely Dissemination 2025- C: FMMBE knowledge and regularly updates on system 2028 (FDF&A) communication climate available P: FMEnv, systems change 43 disseminate Relevant relevant Research knowledge Institutes, to the fishing DEVt. Partners communities on the impacts of climate change and variability and on adaption and mitigation strategies Build adaptive Assess the Assessment 2025- capacity at vulnerability of reports 2029 the local level coastal produced ecosystems, including communities to climate change/ variability Develop early- EWS Reports 2025- warning developed available 2028 systems and EWSs ready (EWS) for functional extreme events Prepare climate Mitigation Adaptation 2027 adaptation and Plans plans for coastal adaptation Available and inland water projects Projects’ infrastructure formulated Documents developments, available and carryout mitigation and adaptation projects Implement Implement Nigeria's Annual 2025- C: FMMBE Nigeria's Nigeria's Climate reports 2028 P: FMEnv Climate Climate Change Change Act available (DCC) Change Act Act and Climate and Climate State Govts, and Climate Change Change Development Change Adaptation Adaptation partners Adaptation Strategy Strategy Strategy implemented 44 Document the Impact of Scenario 2025- likely regional climate reports 2028 and national change and available impacts of variability climate change documented and and variability to prediction predict and used in the enable management management to adopt accordingly. Establish Develop better- Adaptation Research 2025- C: FMMBE adaptation adapted seed seed reports 2028 (FDF&A) measures stocks stocks P: NIOMR developed NIFFR FMEnv Record all Estimate a list A list of Inventory 2025 - C: FMMBE ecosystem of ecosystem ecosystem available 2028 (FDF&A) services and services based services In collaboration the uses of on the MEA based with relevant the marine nomenclature on the MEA stakeholders environment, nomenclature estimate their estimated value and assess the Assess the value Estimate of Valuation 2025- present and of the marine reports 2029 future ecosystem Ecosystem available challenges services and the valuation uses of the (Stock- marine and assessment) coastal produced. environment Identify present Present and Reports 2025- and future future available 2027 challenges and challenges intervention and priorities based intervention on the value and priorities stakes involved identified and presented 45 Table 1.9: Thematic Area 1, Objective 2.5 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.5 Promote inclusive blue value chain incorporating fisheries sustainable aquaculture, ornamental fisheries, and tourism sector. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership ( P) Define all Assess the Value-chain Assessment 2025- C: FMMBE possibilities for possibilities for introduced reports 2028 (FDF&A) market-led market-led P: Private aquaculture aquaculture Sector, relevant investments investment and stakeholders make Fisheries recommendation Cooperative s Societies, relevant Set up systems Introduce a Value-chain Reports 2025 - Research to improve value-chain introduced available 2028 Institutes the enabling approach to environment aquaculture for investment development in Nigeria Develop a A database Database 2025 - database for the for the sector available 2030 sector developed online Empower small- Small-scale Evidence of 2025 - scale farmers farmers empowerment 2028 by implementing empowered available best management practices (BMPs) and the adoption thereof 46 Implement EAA Annual reports 2025 - Ecosystem management on EAA 2028 Approach to in place Aquaculture (EAA) management Domesticate Increase the National Annual national 2025 - C: FMMBE, aquaculture allocation of allocation to budget available 2030 FMBEP strategies and national budgets aquaculture P: Private plans into for aquaculture increased Sector, relevant national stakeholders, development Put in place Standards Standards and 2025 - Development plans standards and and norms norms 2027 partners especially the norms on aquatic on documents CAADP animal health: aquatic accessible fish disease, health safety, quality negotiated and traceability Implement Biosecurity Quarantine 2025 - quarantine measures for measures in 2028 measures aquaculture place for the value chains and reported in introduction of introduced the national exotic and report and genetically implemented modified genomes Set up new Implement new New proven Production 2025- C: FMMBE production and proven production reports 2028 (FDF&A) technique production techniques P: Private techniques done sector, Relevant Research Identify skills Carry out Training Training 2025 - institutes, gaps in private training and completed reports; 2028 Min. Of and public capacity annual reports Science& Tech, sectors and development of Devt. partners develop interventions to private and strategic plans strengthen the public and capacity of the sectors their the private and implementation public sector in 47 developing realistic plans and in implementing them Table 1.10: Thematic Area 1, Objective 2.6 of Goal 2 Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.6 Accelerate the development of fisheries and aquaculture fish processing and storage capacities within blue economy-related industries. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Identify Develop capacity Training and Reports 2025 - C: FMMBE technologies in areas such as capacity available. 2027 (FDF&A) for appropriate development P: Research small-scale fishing interventions Institutes, fisheries in technology, fish done. BOI, a handling and Min. Of Science broad range processing & Technology, of areas methods, Fish Farmers fishing gear (net) Cooperatives, technology, Devt. Partners. business entrepreneurship, boat building, engineering, planning and implementation of alternative livelihoods programs to support the fishing sector. 48 Identify the Assess and Investment Reports 2025 - C: FMMBE process to promote opportunities available 2028 (FDF&A) produce investment assessed P: Development quality opportunities in and Partners, products appropriate promoted. Fish processors, technology and Private sector infrastructure and capacity development programs that enable small- scale post-capture sector, with specific emphasis on women, to produce quality products, both for local markets and exports Table 1.11: Thematic Area 1, Objective 3.1 of Goal 3 Goal 3: Ensuring sustainable social, inclusion and resilience whilst safeguarding natural capital and blue investment Objective 3.1 Promote sustainable livelihoods of coastal/inland water communities Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Encourage Advocate for Improved food Reports from 2025 - C: FDF&A Sustainable policies and security. regular 2028 P: FISON, fishing regulations that monitoring 49 practices and prioritise coastal and Research marine community evaluation institutes ecosystems livelihoods, sustainable resource use, and environmental protection Support Providing training Increased CBN GDP 2025 - C: FDF&A, alternative and workshops on Economic Annual 2029 CBN livelihoods sustainable opportunities, Report P: FISON, such as fishing, especially for Fisheries ecotourism, aquaculture, women and Cooperative aquaculture, entrepreneurship, youths, and Societies and craft and reduced crime industries to environmental rate. reduce management. dependence on fishing Enhance Establish Increased Income 2025 - C: FMMBE access to connections with income Reports 2030 (FDF&A) markets, buyers, P: storage processors, and Cooperative facilities, and tourists to societies, transportation increase market Relevant networks to opportunities stakeholders boost economic opportunities Protect and Implement Environmental Water 2025 - C: FMMBE restore coastal integrated conservation Quality 2028 (FDF&A) ecosystems, planning and Reports, EIA, P: Relevant including coastal zone ESG Reports research mangroves, management Institutes, coral reefs, approaches to NIMASA, and wetlands balance human Relevant to maintain activities with MDAs biodiversity environmental and ecosystem conservation. services. Strengthen Foster Stronger Community 2025 - C: FMMBE local participatory Community surveys and 2027 (FDF&A) organisations processes and cohesion 50 and capacities inclusive Conflict P: NGO’s, to manage decision-making reports CSO’s, resources, to ensure that Development make local communities Partners informed are valued decisions, and adapt to climate change Table 1.12: Thematic Area 1, Objective 3.2 of Goal 3 Goal 3: Ensuring sustainable social, inclusion and resilience whilst safeguarding natural capital and blue investment Objective 3.2 Improve fisheries and aquaculture governance for sustainable fisheries operations in Nigeria's maritime/inland ecosystems and protect investment in the fisheries sector. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Identify Assess Assessments Assessment 2025 - C: FMMBE investment investments that conducted. report 2030 (FDF&A) options favour economic P: FMA&FS in small- growth for actors State scale in the small-scale Governments, fisheries sector by focusing Research to address on the Institutes, poverty and sustainability of Relevant contribute to the resources to stakeholders nutritional address poverty and and contribute to food security nutritional and food security 51 Develop Implement Effective Annual 2025 - C: FMMBE, sustainable sustainable fisheries Reports 2028 FDF&A fisheries fisheries governance P: Relevant agreements partnership achieved and MDA’s, for effective agreements better deals Devt. Partners fisheries (SFPA): Tuna or negotiated governance Mixed in the agreements. Nigerian EEZ Set up Implement legal Legal Legal 2025 - C: FDF&A policies, frameworks that, frameworks framework 2030 P: Min. Of procedures among other that protect documents Justice and and things, protect rights to the available other relevant mechanisms rights to property and MDAs to ensure the property and proceeds are security of proceeds implemented. investment in the sector Put in place Policies Policies 2025- C: FMMBE policies that produced and documents 2028 (FDF&A) facilitate in force available P: BOI access to capital Other relevant and other Stakeholders productive resources including secured land and tenure systems Develop and Strategy Strategy 2025- C: FMMBE apply strategies to produced and document 2026 P: CBN, encourage approved obtainable Min. Of financial Finance, incentives and NIRSAL, investments NCS, and other including tax relevant exemptions Stakeholders Put in place A new Marketing 2025 - C: FMBBE mechanisms for scheme in and 2028 P: NCS, improved place quality SON control 52 marketing systems reports Min. Of Trade and quality available & Investment, control relevant MDA’s including certification schemes Establish Sustainable Strategy 2025- C: FMMBE sustained funding funding document 2030 P: Research sources strategy available Institutes, for research, produced and Devt. Partners innovation, and approved ARCN extension services 53 Table 1.13: Thematic Area 1, Objective 3.3 of Goal 3 Goal 3: Ensuring sustainable social, economic, environmental, and equitable outcomes and human rights whilst safeguarding natural capital and blue investment Objective 3.3 Create safe working conditions and security within the maritime and inland waters Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Assess the Carry out the Safety-at-sea Document 2025 - C: FMMBE safety of implementation strategies available 2029 (FDF&A) fishers at of developed NIOMR sea strategies for and NIMASA safety-at-sea Implemented NAVY operations FCWC and develop P: Private conflict Conflict Sector, resolution resolution Documents Development mechanisms to mechanisms available partners, facilitate the developed, 2025 - RFMO, relevant resolution approved 2028 stakeholders of issues at the and water basin or implemented local levels Develop national Strategies Documents / 2025 - and regional produced plans 2028 strategies and available and intervention approved plans to combat 2025 - piracy and IUU Intervention 2028 at sea plan produced and approved Eradicate Define a joint Plan Plan available 2025 - C: FMMBE acts of intervention plan produced 2028 (FDF&A) piracy between MS and NAVY concerned and approved NIMASA entities capable 54 of providing P: Development logistical, partners and military, and other relevant technical support stakeholders Table 1.14: Thematic Area 1, Objective 3.4 of Goal 3 Goal 3: Ensuring sustainable social, economic, environmental, and equitable outcomes and human rights whilst safeguarding natural capital and blue investment Objective 3.4 Develop an aquatic ecosystem protection plan to protect the marine and inland waterways. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Inclusion of Review and Policies Number of 2025 - C: FMMBE women and develop reviewed and policies 2028 P: Gender youth in gender- developed reviewed Desk/Min. Of relevant sensitive and adopted Youth &Women fisheries and inclusive Affairs, CBN, policies and policies and Relevant laws legislation stakeholders Define Establish Criteria Reports and 2025- empowerment criteria for established and documents 2028 criteria preferential approved treatment of women and youths in providing services Assess Develop Procedures for Gender 2025- progress harmonised the disaggregated 2028 towards procedures collection of data gender parity and collect gender collection gender- disaggregated tools disaggregated data available sector data, completed by age and occupational 55 categories and use it to inform policy and programmes Prioritize and Financing and Number of 2025- develop credit financing and 2028 financing and products/services credit credit developed facilities products/ developed services that target women and youth Develop new New financial Develop 2025 - financial instruments financial 2028 instruments completed instruments to overcome documents hurdles of security guarantee requirements by the financial institutions 56 Thematic Area 2: Shipping/Transportation, Trade, Ports, Maritime Security, Safety, and Enforcement Table 2.0: Thematic Area 2, Objective 1.1 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.1 Ensure effective governance of the Nigerian maritime domain to enhance the safety and security of vessels Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Strengthen Strengthen Improved NN, ICC, IMB 2025 – C: FMMBE, regulations and Regulatory capacity and Annual Reports 2029 NN, NIMASA enforcement to Agencies and coordination P: Maritime prevent illegal Enhance to address security and activities capacity and maritime safety coordination challenges. Research among Enhanced institutes and agencies like regulatory other relevant NIMASA, compliance Stakeholders Navy, and (UNODC) Police Enhance maritime Ensure Improved NN, NIMASA, 2025 – C: FMMBE, security through effective security ICC, IMB 2030 NN, NIMASA the protection of patrolling of measures in Reports P: Other vessels, crew, and the NMZ. the Nigerian Relevant cargo from piracy, EEZ, Stakeholders armed robbery, Reduced and terrorism. Piracy, oil theft, and armed robbery at sea incidents Enhance effective Enhance Effective NN Reports 2025 - C: FMMBE, search and rescue, search and search and 2027 NIMASA, NN through rapid rescue through Rescue and P; Other response to effective monitoring relevant distress calls and deployment of of the Stakeholders 57 ensure timely the Deep Blue Nigerian rescue operations. Project and EEZ FALCON Eye. Environmental Implement Reduced NPA/MARPOL 2025 - C: FMMBE, protection by Environmental emissions Reports 2028 NPA, ensuring the protection by and MARPOL prevention of Enforcing pollution P: Other pollution from regulations from vessels relevant vessels and and and offshore Stakeholders offshore activities. conducting activities regular monitoring and cleanup operations. Safety of Improve Reduced NPA Reports 2025 - C: FMMBE, navigation by Navigation accidents 2029 NPA, ensuring accurate Aids and NIMASA, charting, marking, hazardous NIWA. and lightening of events at P: and other navigation sea. Stakeholders channels and Timely hazards removal of vessel wreckages at sea. Table 2.1: Thematic Area 2, Objective 1.2 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.2 Encourage the ratification of maritime conventions and codes for the safety of navigation. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 58 Ratify and Reform Reduction of Applicable 2025 - C: FMMBE, implement key legislation to accident legal 2028 NIMASA, maritime give effect to incidences frameworks NPA, NSC, conventions, such ratified NIWA, as SOLAS, conventions P: Federal MARPOL and codes Ministry of amendments, and Justice STCW Implement Engage with Increased Port Facility 2025 - C: FMMBE, international stakeholders, compliance Assessment 2026 NPA, NSC codes, such as the including Report P: Other ISM Code and shipowners, Relevant ISPS Code port operators, Stakeholders and crew to raise awareness and promote compliance. Enhance safety Conduct gap Improved Port State 2025 - C: FMMBE, standards for analysis to safety Assessment 2029 NIMASA, vessels, crew, identify areas standards NPA and passengers where Nigerian P: Relevant maritime Stakeholders regulations and standards need to align with international best practices Strengthen the Provide training Improved Annual and 2025 - C: FMMBE Nigerian and capacity- regulatory Monitoring 2030 P: Relevant Maritime building capabilities. Reports MDA’s Administration programs for Enhanced and Safety NIMASA human Agency officials and resource (NIMASA) to other development effectively stakeholders enforce maritime regulations. 59 Table 2.2: Thematic Area 2, Objective 1.3 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.3 Promote the cooperation and collaboration of Nigerian navies with regional navies under the auspices of the Yaoundé security architecture for effective maritime security interdiction in NMD and the Gulf of Guinea. Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Strengthen Ensure cooperation effective Reduction in No incidence 2025 - C: FMMBE, and surveillance the number of 2027 NIMASA, Navy collaboration of NMZ and maritime with regional the GoG incidences P: Other maritime navies to (piracy, Oil security address theft, etc.) Stakeholders maritime security challenges Enhance Fully Improved ICC, IMB 2025- C: FMMBE, NN, information implement maritime Reports 2030 NIMASA sharing and the Yaoundé security in the P: Relevant intelligence Code of Nigerian Stakeholders exchange to Conduct maritime combat piracy, security domain and the oil theft, and architecture Gulf of Guinea other maritime crimes. Conduct joint Engage in Improved Increased 2025 - C: FMMBE, NN operations and joint interoperability cooperation 2030 P: other relevant exercises to operations and response and stakeholders improve with other capacities collaborations interoperability national among between NN and response security regional and other capacities. institutions, navies. regional navies 60 regional and international navies. Enhance Optimization Eradication of Incidence 2025 - C: FMMBE, maritime of the Deep sea blindness Report (such 2029 NIMASA, NN domain Blue Project in the NMZ as NN, ICC, P: Other relevant awareness and the IMB Reports) Stakeholders (MDA) and FALCON surveillance Eye. capabilities to detect and respond to security threats. Table 2.3: Thematic Area 2, Objective 1.4 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.4 Develop a robust cabotage regime to enhance indigenous tonnage and human development capacity. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Increase the Evaluate the Significant Number of 2025 - C: FMMBE, number of disbursement increase in registered 2030 NIMASA, indigenous- of CVFF to Nigerian indigenous-owned owned vessels Indigenous flagged vessels P: Indigenous shipowners vessels and Ship Owners, Indigenous Devt. Partners fleets Increase the Implement Employment The number of 2025 - C: FMMBE, number of capacity of seafarers in seafarers trained 2029 NIMASA, SCN indigenous building for cabotage in cabotage seafarers seafarers. operations operations. P: MAN Oron, operating in provision of NMU, and other sea time 61 the cabotage training for relevant trade. cadets stakeholders Fully Ensure Effective Maritime Audits 2025 - C: FMMBE, implement the effective Cabotage and inspections 2026 Cabotage Act regulatory regime and P: NIMASA to develop enforcement compliance local capacity to prevent wavier abuse and ensure compliance Develop and Invest in Increased Impact studies 2025 - C: FMMBE, improve maritime number of and cost-benefit 2030 NIMASA, NPA maritime infrastructure seaports and analyses infrastructure development shipyards P: Relevant such as ports such as deep Stakeholders and shipyards seaports, port expansion, and shipyard construction. Table 2.4: Thematic Area 2, Objective 1.5 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.5 Review the International contract of carriage for our local cargo (e.g. crude oil) from free onboard (FOB) to Cost insurance and freight (CIF) Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Review Stakeholders’ Increased Stakeholders 2025 - C: FMMBE, NSC, incoterms engagement Engagement feedback 2028 NIMASA from FOB to to review and of P: Other relevant CIF for amend Indigenous stakeholders Nigeria’s Carriers and 62 local cargo, contract insurance including terms underwriters crude oil. and reduction of capital flight Increase Adjust Increased Trade 2025 - C: FMMBE, NSC, efficiency by logistics and efficiency competitiveness 2027 NIMASA streamlining transportation metrics P: Other relevant logistics and arrangements stakeholders transportation to align with processes CIF terms Simplify and Stakeholders Enhanced Trade 2025 - C: FMMBE, NSC, speed up training on trade facilitation 2029 NIMASA international CIF terms facilitation metrics P: Other relevant trade and stakeholders transactions procedures Table 2.5: Thematic Area 2, Objective 1.6 of Goal 1 Goal 1 Enhance maritime administration governance. Objective 1.6 Draft and implement a National Integrated maritime security framework for effective interdiction of maritime crimes in Nigeria’s Maritime domain Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Draft a Establish a Development Surveys and 2025 – C: FMMBE, national national of a National stakeholder 2027 NN maritime maritime maritime engagement P: Other security security security reports relevant framework committee to framework and maritime 63 that addresses draft the Implementation security all aspects of national plan stakeholders maritime maritime crime security interdiction strategy including piracy, oil theft, terrorism, and cybersecurity. Enhance Organise joint Improved Surveys and 2025 - C: FMMBE, interagency operations and collaboration stakeholder 2028 NN collaboration capacity and engagement P: Other and building for cooperation of reports relevant coordination relevant security maritime among the maritime agencies to security relevant security effectively stakeholders agencies and agencies and interdict stakeholders. stakeholders maritime insecurity in NMZ Improve Establish Effective Surveys and 2025 - C: FMMBE, intelligence effective maritime stakeholder 2030 NN gathering and intelligence- domain engagement P: Other sharing gathering and awareness reports relevant sharing maritime mechanisms security stakeholders Strengthen Implementation Adequate laws Surveys and 2025 - C: FMMBE, law of the SPOMO to prosecute stakeholder 2028 MOJ, enforcement Act and maritime engagement NIMASA, NN capabilities provision of criminals in reports P: Other training for law Nigeria relevant enforcement stakeholders agents to prosecute maritime crimes in NMZ 64 Table 2.6: Thematic Area 2, Objective 2.1 of Goal 2 Goal 2: Enhance Maritime transportation and logistics Objective 2.1 Develop port access and improve intermodal transport to link the ports with the hinterlands Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Enhance port Rehabilitate Less Feedback from 2025- C: FMMBE, NPA, infrastructure the Port congestion stakeholders 2029 P: State and infrastructure along the port Governments, connectivity to and access corridor facilitate roads linking efficient cargo the ports movement. Develop Establish Improved Feedback from 2025 - C: FMMBE, FMT intermodal efficient intermodal transport 2030 transport intermodal transport stakeholders P: NPA, State systems to link transport connectivity Governments the ports with systems, linking the the including ports with the hinterlands. roads, rail, other modes and inland waterways. Decrease Utilization of Reduced Monitoring and 2025 - C: FMMBE, FMT, transportation the rail and transportation evaluation of 2028 NPA, State costs and inland costs and transportation Governments, increase waterways for travel times costs efficiency cargo haulage for efficient P: Development delivery of partners, cargo 65 Optimally Provide Quicker NPA annual 2025 - C: FMMBE, FMT, utilize the Incentives to clearance of reports 2029 NPA, NSC, State Inland dry enhance the cargo and Governments ports and usage of decongestion container inland dry of the ports P: Relevant depots ports and stakeholders container depots Table 2.7: Thematic Area 2, Objective 2.2 of Goal 2 Goal 2: Enhance Maritime transportation and logistics Objective 2.2 Modernize and digitize Nigerian ports to accommodate bigger vessels and for effective and efficient port operations Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Modernize existing Constitute Established Stakeholders 2025 - C: FMMBE, Seaports Committee to modern Feedback 2030 P: NPA, work out the seaports NSC, ICRC, modalities for BPE, the modernization of the seaports Conduct 2025 C: FMMBE periodic meetings P: Relevant stakeholders 66 Award of The ports are Annual 2025 - C: FMMBE, contract for modernized Productivity 2029 NPA, NSC, the reports ICRC, BPE, modernization of the Ports Upgrade port Increased Stakeholders 2025 - C: FMMBE, infrastructure competitiveness Feedback 2030 NPA Increase cargo to and enhanced handling capacity accommodate port choice P: Terminal and efficiency bigger vessels Operators and other relevant stakeholders Implement Enhanced Field 2025 - C: FMMBE, environmental environmental observations 2030 NPA, sustainability sustainability and site visits Enhance port P: Other measures (reduced environmental relevant such as green carbon sustainability stakeholders technologies footprint and and waste waste) management Implement Improved data- Benchmarking 2025 - C: FMMBE, digital driven and 2030 NPA solutions decision- international Digitize existing P: Relevant (automation, making and comparisons ports for efficient stakeholders data analytics, port operations port operations IoT) for optimisation. efficient port operations 67 Table 2.8: Thematic Area 2, Objective 2.3 of Goal 2 Goal 2: Enhance Maritime transportation and logistics Objective 2.3 Dredge the ports and harbour to ensure vessel accessibility with a bigger draft. Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Increase the Conduct of Increased Draft of vessel 2025- C: FMMBE, NPA, draft of the necessary channel calling at the 2029 P: Terminal channel leading studies draft Ports Operators, Relevant to the Ports and (bathymetric, Stakeholders berths geotechnical, EIA, etc). Procurement of contractor. Table 2.9: Thematic Area 2, Objective 2.4 of Goal 2 Goal 2 Enhance Maritime transportation and logistics Objective 2.4 Improve Key port indicators of service (turnaround time, waiting time, etc.) and monitor arbitrary charges, and handling costs to improve port choice and attractiveness of Nigerian ports Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Improved Implement Port Improved Port Data 2025 - C: FMMBE, cargo clearing Community port 2028 NPA, NCS, NSC processes and System, Cargo performance competitive Tracking Note, indicators P: ANLCA, pricing of port National Single and Terminal charges to Window competitive Operators, achieve prices of Shipping efficient port port Companies & operations. services 68 other relevant stakeholders Improved Sustained Reduced Port Data 2025 - C: FMMBE, Safety of upgrade of incidents 2029 NPA, NIMASA Navigation Safety Nautical Navigational P: Other relevant Equipment – Stakeholders Buoys, Beacons, Lighting Channel marking Table 2.10: Thematic Area 2, Objective 2.5 of Goal 2 Goal 2 Enhance Maritime transportation and logistics. Objective 2.5 To expand indigenous shipping/trading routes within Africa and beyond. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Expand National fleet Surveys and 2025 - C: FMMBE, indigenous Establishment of established Stakeholders 2030 NIMASA, shipping and the National Engagement NCDMB trading routes Fleet P: Development within Africa Partners and and beyond other relevant Stakeholders Improve Full Audits and 2025 - C: FMMBE, indigenous Provide engagement of inspections, 2029 NIMASA, seafarers' adequate support indigenous NIMASA P: MAN Oron, COC to be to enhance seafarers in Reports NMU & other recognized capacity cabotage trade relevant globally building and and Stakeholders training of recognition seafarers in the across the country globe. 69 Improve Promote Increased Progress 2025 - C: FMMBE, regional and Nigerian Nigerian reports and 2028 NIMASA, NSC, international products and products and performance NCS, NEPC trade relations services in services in indicators P: Other regional and regional and relevant international international Stakeholders markets markets Table 2.11: Thematic Area 2, Objective 2.6 of Goal 2 Goal 2 Enhance Maritime transportation and logistics Objective 2.6 Dredging of the inland waterways to enhance inland water transportation. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Identify and Conduct Increased Stakeholders 2025 - C: FMMBE, dredge viable hydrographic feedback 2030 NIWA, BPE, inland waterways and utilization of routes bathymetric inland P: Ministry of studies. waterways Finance Procurement of contractor. Remove Improved Data 2025 - C: FMMBE, obstacles and safety and collection and 2029 NIWA debris from reduced analysis inland accidents on Other relevant Improve safety waterways. inland stakeholders and reduce waterways accidents on Implement inland Inland waterways Waterways Transportation Regulation (2023) 70 Table 2.12: Thematic Area 2, Objective 2.7 of Goal 2 Goal 2 Enhance Maritime transportation and logistics Objective 2.7 Streamlining of agencies that operate in the ports to enhance ease of doing business. Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Streamline the Stakeholders’ Reduced Number of 2025 - FMMBE, NPA, number of engagement number of Agencies at 2026 Agencies Agencies the Seaports P: NCS, NSC, other involved in relevant stakeholders rummaging and cargo processing at the Ports Improve Ease Develop Improved Port Data 2025 - C: FMMBE, NPA, of Doing Standard Ease of Doing 2030 PEBEC, Office of Business at the Operating business at the the Vice President Seaports Procedures for seaports Federal Republic of Agencies to Nigeria. operate at the Ports P: Other relevant maritime stakeholders Table 2.13: Thematic Area 2, Objective 2.8 of Goal 2 Goal 2 Enhance Maritime transportation and logistics Objective 2.8: To ensure standardization and effective operation of barges, boats, ferries, etc. within inland waterways for safe operations. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 71 Ensure compliance Stakeholders’ Reduced Stakeholders 2025- C: FMMBE, of engagement incidences Feedback 2030 NIWA, NPA, barges/ferries/boats of boat to safety standards mishaps in P: Private Sector the inland waterways Ensure Develop Standard Approved Stakeholders 2025- C: FMMBE, competency and Operating SOP Report 2030 NIWA professionalism of Procedures for document operators of barges/ferries/boats P: Relevant barges/ferries/boats in the inland stakeholders waterways. Implement Inland Waterways Transportation Regulation (2023) 72 Table 2.14: Thematic Area 2, Objective 2.9 of Goal 2 Goal 2 Enhance Maritime transportation and logistics Objective 2.9 Create an enabling environment to increase shipbuilding and maintenance capacity. Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Enhance Establish and Nigeria's upgrade Increased Stakeholders’ 2025 C: shipbuilding, existing shipbuilding, reviews and -2029 FMMBE, NIMASA, breaking, and shipbuilding, repairs, and assessments repair repair, and breaking P: Development capabilities. breaking facilities Partners and other facilities Stakeholders Create an Develop and Job creation, Surveys and 2025 C: enabling implement economic stakeholders’ -2028 FMMBE, NIMASA, environment policies and empowerment, engagement to increase regulations to and reduced P: Development shipbuilding support capital flight Partners, NCDMB, and shipbuilding, to other ship- and other maintenance maintenance, building and Stakeholders capacity. and breaking. repairing nations Increase local Provide Improved Number of 2025 C: FMMBE, content and training and local content ships locally -2030 NIMASA, participation capacity and built. NCDMB, MAN in the building for participation Oron, NMU shipbuilding local in industry shipbuilders shipbuilding, P: Relevant and engineers industry stakeholders Improve Develop and Enhanced Audits and 2025 - C: FMMBE, safety and implement safety and inspections 2028 NIMASA quality safety and quality standards in quality standards in shipbuilding standards for shipbuilding, shipbuilding, repairing, and 73 and repairs, and breaking maintenance breaking sectors Thematic Area 3: Blue Tourism, Climate Change, Resilience, Environment, Infrastructure in the Context of Nigerian Blue Economy Table 3.0: Thematic Area 3, Objective 1.1 of Goal 1 Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations Objective 1.1 Develop integrated strategies for sustainable environmental management Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Integrated Develop a Existing Developed 2025 - C: FMMBE, Strategic checklist of gaps will Strategic 2026 FMOE, Framework existing be identified Framework NOSDRA, frameworks to NESREA, identify gaps NIMASA and develop new P: other relevant frameworks Stakeholders Design a Design a Action plan Developed 2025 - C: FMMBE, national action national action will be Framework 2027 FMOE, plan to ensure plan to ensure developed NIMASA, environmentally environmentally NESREA sustainable, sustainable, P: Other relevant marine plastic- marine plastic- Stakeholders free, climate- free, climate- resilient resilient economies and economies communities by and 2065 communities by 2065 Align blue Develop a A review Developed 2025 - C: FMMBE, economy checklist on will be Review 2026 NIMASA interventions to existing undertaken Checklist P: Other relevant frameworks to to Stakeholders 74 environmental identify gaps determine agreements and and develop new strategic other frameworks and interventions international conduct a agreements, and review (within set up national 5–10-year and regional timeframes until action plans 2065) to determine strategic interventions of AUDA-NEPAD and the potential for implementation Table 3.1: Thematic Area 3, Objective 1.2 of Goal 1 Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations Objective 1.2 Develop capacity for climate-resilient economies and communities Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Instruments Conduct a review A review Developed 2025- C: FMMBE, for capacity (within 10-year of strategic instruments 2029 NIMASA, building for timeframes until interventions FMOE climate- 2063) to determine will be done P: Other resilient strategic within a ten- Stakeholders economies interventions of year and AUDA-NEPAD and timeframe. communities the potential for development cooperation 75 Develop a Determine, at the Integrated National 2025- C: FMMBE, national national National Policy 2028 NIMASA, policy and regional levels, Policy and FMOE framework the means Action P: Other and action by which an Plan will be relevant plan to integrated policy Implemented. Stakeholders integrate framework and climate- action plan can resilient be implemented. economies and Assess the communities contribution of Contribution by 2063. climate change of agreements climate Assess the in enhancing climate change Assessment impact of resilient agreement Report climate economies and will be change communities. assessed agreements on Nigeria’s BE Table 3.2: Thematic Area 3, Objective 1.3 of Goal 1 Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations. Objective 1. 3 Designate areas with endemic species as Marine Protected Areas to make them no-gono-go areas for industrial or other harmful human activities Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Identify and Conduct Protected Regular 2025 - C: FMMBE, designate areas research and areas monitoring 2030 NIMASA with endemic identification designated and P: Other relevant species as of areas with and evaluation Stakeholders marine endemic established species 76 protected areas. Protect and Establish and Endemic Data 2025 - C: FMMBE, conserve designate species and collection 2030 NIMASA marine marine marine and analysis P: Other relevant biodiversity protected biodiversity Stakeholders and areas. conserved. ecosystems Prevent Regulate and Industrial Audits and 2025 – C: FMMBE, industrial or enforce laws and harmful inspections 2027 NIMASA, NESRA, harmful human and human FMOE, NOSDRA activities in regulations activities are P: Other relevant designated to prevent prevented. Stakeholders areas. harmful practices Promote Engage and Local Surveys and 2025 - C: FMMBE, sustainable use educate local communities stakeholders’ 2028 NIMASA and communities, and engagement P: Other relevant management of stakeholders, stakeholders Stakeholders marine and are engaged resources industries and educated. Table 3.3: Thematic Area 3, Objective 1.5 of Goal 1 Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations. Objective 1.5 Develop a risk management framework and promote the domestication of ratified conventions, and treaties into national legislation by all tiers of government. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Develop a Risk Establish risk Risk Risk 2025 - C: FMMBE, Management management Management Management 2028 NIMASA Frameworks 77 Framework and framework and Developed Framework implementation implementation and and policy plan plan committee implemented. documents for the Blue Economy strategy Promote Identify Ratified Audits and 2025 - C; FMMBE domestication of ratified conventions Inspections 2027 P: Other ratified conventions and treaties reports relevant conventions and and treaties domesticated Stakeholders treaties into requiring into national National domestication legislation legislation Ensure all tiers of Engage with Improved Stakeholders’ 2025 - C; FMMBE government stakeholders compliance engagement 2029 P: Other implement and and conduct with feedback relevant enforce ratified public international Stakeholders conventions and consultation standards and treaties. best practices. Table 3.4: Thematic Area 3, Objective 1.6 of Goal 1 Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations. Objective 1.6 Develop an information database and dissemination mechanism Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Develop an Conduct A User 2025 - C: FMMBE, information research and comprehensive feedback and 2028 NIMASA database on gather data on and updated surveys P: Other blue tourism blue tourism information relevant attractions, database on blue Stakeholders activities, and tourism infrastructure developed 78 Establish an Establish a Effective Marketing 2025 - C: FMMBE, effective network of dissemination of and 2026 NIMASA dissemination information tourism promotional P: Other mechanism for centers and information to campaign relevant tourism tourist desks. stakeholders and effectiveness Stakeholders information tourists. Promote Collaborate Enhanced Reviews and 2025 - C: FMMBE, informed with tourist assessments 2026 NIMASA decision- stakeholders experience and P: Other making and and local satisfaction. relevant sustainable communities Increased Stakeholders tourism to gather and tourism revenue practices share and economic information benefits. Table 3.5: Thematic Area 3, Objective 2.1 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.1 Promote Nigeria’s rich cultural heritage, pristine beaches, and natural sites to attract coastal tourism Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Promote Develop and Increased Field 2025 – C: FMMBE, Nigeria's rich implement a awareness and observation 2030 NIMASA, cultural comprehensive interest in and site visits P: MOT, heritage, marketing Nigeria’s blue NTDA, and pristine strategy tourism other relevant beaches, and potential stakeholders natural sites to attract blue tourism. Increase Create engaging Increased Progress 2025 – C: FMMBE, awareness promotional engagement of reports and 2028 NIMASA, and materials potential performance P: MOT, appreciation (videos, tourist indicators NTDA, and 79 of Nigeria’s brochures, other relevant blue tourism social media stakeholders content) Attract local Organise Significant Tourist 2025 - C: FMMBE, and cultural increase in arrival 2030 NIMASA, international festivals, events, local and statistics and P: MOT, tourists to and exhibitions international revenue NTDA, and Nigeria's tourist reports other relevant coastal arrivals. stakeholders destination Enhance the Invest in Improved Regular 2025 - C: FMMBE, nation’s infrastructure infrastructure monitoring 2029 NIMASA, reputation as developments and amenities and P: NTDA and a blue (roads, hotels, at coastal evaluation other relevant tourism hub and amenities) destination stakeholders Generate Offer Increased Revenue 2025 - C: FMMBE, revenue and competitive revenue Reports 2029 NIMASA, create jobs tourism generation and P: FMOT, through blue packages and job creation NTDA, and tourism incentives other relevant stakeholders Table 3.6: Thematic Area 3, Objective 2.2 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.2 Develop capacity to strengthen national and regional institutions Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Assess Conduct a A review Assessment 2025- C: FMMBE, instruments review of strategic Report 2027 P: Other relevant for (within 10 interventions stakeholders capacity year will building for timeframes be undertaken. 80 national until 2065) integration to and determine cooperation strategic interventions of AUDA- NEPAD and the potential for development cooperation Develop a Determine, Mechanisms National 2025 - C: FMMBE, national at the for Policy 2028 P: Other relevant policy national implementation developed stakeholders framework level, the integrated and action means by policy plan to which an framework will integrate integrated be determined cooperation policy at by 2065 framework the national and action and plan can be state levels implemented Assess the Assess the Contribution Assessment 2025 - C: FMMBE, impact of contribution of regional Report 2028 P: Other relevant regional of agreements stakeholders agreements regional will be on Nigeria’s agreements assessed Blue in enhancing Economy cooperation. sector Set up Implement National National 2025 - C: FMMBE, national national Action Action Plan 2027 P: Other relevant action action plans Plans will be stakeholders plans implemented 81 Table 3.7: Thematic Area 3, Objective 2.3 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.3 Harmonize collaboration on transboundary matters Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Joint Review and Regional Action Plan 2025 - C: FMMBE, Action realign existing Frameworks 2027 P: Other relevant Plan regional will stakeholders frameworks and be reviewed policies to and national BE realigned to objectives national BE objectives. Establish joint Joint Implementation 2025- C: FMMBE, implementation Implementation Mechanism 2027 P: Other relevant mechanism Mechanism stakeholders will be established Promote Participation of Participatory 2025 - C: FMMBE, participatory Transboundary mechanism 2028 P: Other relevant mechanism Stakeholders stakeholders on will transboundary be promoted stakeholders Table 3.8: Thematic Area 3, Objective 2.4 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.4 Enhance partnership between the public and private sector Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) 82 Public Enhance Awareness PPP 2025 - C: FMMBE, Partnership awareness of for PPP Engagement 2029 NIMASA, BPE engagement public participation P: Other relevant private sector and stakeholders participation and engagement engagement will be enhanced Develop an Enabling Enabling 2025 - C: FMMBE, enabling policy Policy will Policy 2028 P: Other relevant environment. be stakeholders developed Strengthen Community Established 2025 - C: FMMBE, communication channels channels 2028 P: Other relevant channels between between stakeholders the public and public and private sectors private will be enhanced 83 Table 3.9: Thematic Area 3, Objective 2.5 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.5 Promote R&D and technology transfer Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) BE driven by Create enabling Institutional R & D for 2025 - C: FMMBE, R&D and institutional environment Technology 2030 NIMASA, MOT Technology environment will be created Transfer P: NTDA & Other Transfer for R&D, TT to for R&D, TT relevant drive to drive BE stakeholders the BE Build capacity Capacity will Developed 2025- to support be built to Capacity 2030 R&D support R&D, and TT to drive TT to drive BE BE Table 3.10: Thematic Area 3, Objective 2.6 of Goal 2 Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.6 Enhance inter and intra coordination mechanism Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Coordinated Review Coordination Coordination 2025- C: FMMBE, Mechanism coordination mechanisms Mechanism 2027 NIMASA will 84 mechanisms in be reviewed P: Other relevant place and and stakeholders strengthen applied their abilities Realignment Coordination Aligned 2025 - C: FMMBE, of coordination mechanisms coordination 2028 NIMASA mechanism will be Mechanism P: Other relevant realigned stakeholders Engagement of Stakeholders Engaged 2025- C: FMMBE, stakeholders in will Stakeholders 2030 NIMASA coordination be engaged P: Technical Working groups Table 3.11: Thematic Area 3, Objective 3.1 of Goal 3 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.1 Develop integrated strategies for sustainable tourism Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Integrated Promote Mechanism Integrated 2025 - C: FMMBE, sustainable mechanisms for Tourism 2028 NIMASA, MOT tourism that sustainable Strategy P: NTDA & Other strategy ensure Nigeria tourism relevant is a sustainable in Nigeria stakeholders tourism will be destination promoted Develop Responsible Developed 2025 - C: FMMBE, responsible tourism will Responsible 2030 NIMASA, MOT tourism be Tourism P: NTDA & Other developed relevant stakeholders 85 Review and Quality of Quality 2025 - C: FMMBE, enhance tourism Assurance 2030 NIMASA, MOT quality products will (QA) P: NTDA & Other of tourism be relevant products and reviewed and stakeholders services, one enhanced stop-border across shop (visa borders services) Table 3.12: Thematic Area 3, Objective 3.2 of Goal 3 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.2 Develop Integrated tourism Infrastructure strategies Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Integrated Upgrade and Infrastructure Integrated 2025- C: FMMBE, infrastructure standardize system will Infrastructure 2029 NIMASA, MOT support infrastructure be Strategy P: NTDA & Other system system upgraded and relevant standardized stakeholders Shared Infrastructure Shared 2025- C: FMMBE, infrastructure resources Infrastructure 2029 NIMASA, MOT resources will be Resources P: NTDA & Other shared relevant stakeholders 86 Table 3.13: Thematic Area 3, Objective 3.3 of Goal 3 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.3 Create safe working conditions and security Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Ensure a safe Provide training Enhanced Safety and 2025 - C: FMMBE, working and capacity reputation of security 2030 NIMASA, condition for building for Nigeria’s incident MOT blue tourism blue tourism blue tourism reports and P: NTDA & workers workers sector statistics Other relevant stakeholders Enhance overall Collaborate Improved Stakeholders 2025 - C: FMMBE, safety and with security security and report 2030 NIMASA, security of the agencies and reduced MOT blue tourism emergency crime P: NTDA & sector services incidents Other relevant stakeholders Prevent and Install safety Reduced Audits and 2025 - C: FMMBE, rapidly respond and security economic inspections 2028 NIMASA, to accidents, infrastructure losses due to Marine Police, crimes, and (CCTV, accidents P: NTDA & emergencies in emergency and security Other relevant the blue tourism response breaches stakeholders sector systems) 87 Table 3.14: Thematic Area 3, Objective 3.4 of Goal 3 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.4 Deploy early warning systems for preparedness and responses to adverse weather conditions. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Deploy early Install Timely and Weather 2025 - C: FMMBE, warning weather/ocean accurate monitoring 2029 NIMASA, systems for observation weather data and early NIMET, preparedness stations and forecast/coastal warning NASRDA and responses sensors predictions and system P: Other relevant to adverse warnings performance stakeholders weather metrics conditions. Improve Use of Satellite data Satellite 2025 - C: FMMBE Monitoring of geospatial and and imagery for imagery for 2029 P: NASRDA, marine remote sensing rapid response monitoring, NIMET, Other biodiversity, techniques to to and Sensors relevant health, and gather real- environmental installed at stakeholders ecosystem time data on threats like oil the coastal using satellite ocean spills and communities and remote parameters natural of ocean sensing like phenomena and parameters technologies temperature, high-quality currents, data production salinity, and for policy- pollution making level. Also, track changes in the ecosystem and predict marine phenomenon 88 Enhance the Develop and Improved Emergency 2025 - C: FMMBE, resilience of disseminate preparedness response and 2030 NIMET the blue early warning and response to evacuation P: Other relevant tourism systems and adverse drill reports stakeholders sector to alerts weather/ocean climate conditions change and weather- related events Protect the Establish Reduced risk of Tourist and 2025 - C: FMMBE, safety and emergency injury, damage, stakeholder 2030 NIMASA, well-being of response plans and economic feedback and NIMET tourists, and protocols. losses. And surveys P: Other relevant workers, and increased stakeholders coastal confidence and communities. satisfaction among tourists and stakeholders. Ensure Collaborate Improved Compliance 2025 - C: FMMBE, prompt and with NIMET, collaboration with NIMET, 2028 NIMASA, effective NASRDA, and NASRDA, NIMET, response to and other coordination and other NASRDA weather- emergency among emergency P: Other relevant related agencies. stakeholders agencies stakeholders emergencies standards Table 3.15: Thematic Area 3, Objective 3.5 of Goal 3 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.5. Build resilient infrastructure that will withstand the effects of climate change Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Build resilient Develop and Enhanced Climate risk 2025 - C: FMMBE, infrastructure implement adaptability assessment 2029 NTDA, FMENV that can climate- and resilience and 89 withstand the resilient of the sector vulnerability P: Development effects of infrastructure to climate reports Partners & other climate design and change relevant change construction stakeholders standards. Protect Develop and Reduced risk Audits and 2025 - C: FMMBE, tourism Implement of damage Inspections 2030 NTDA, MOT infrastructure, flood control, and losses to report P: Development assets, and coastal tourism Partners & other investments protection, and infrastructure relevant from climate- implementation stakeholders related measures. damage and losses. Ensure the Promote Improved Stakeholders 2025 – C: FMMBE, sustainability sustainable and environmental report 2028 NIMASA, of blue eco-friendly sustainability NTDA, MOT tourism tourism and eco- P: Development development practices friendliness Partners & other relevant stakeholders Table 3.16: Thematic Area 3, Objective 3.6 of Goal 3 55 Goal 3 Provide support for the development of resilient Infrastructure in the Blue Tourism Sector Objective 3.6. Promote ideal security architecture for security issues that allow for ownership by Nigerians Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Develop a Implement Security Security 2025 - C: FMMBE, sustainable security measures assessment and 2030 NIMASA, MOT and measures and implemented risks analysis P: NTDA & other effective technologies report relevant blue tourism stakeholders security 90 framework that aligns with national security policies. Encourage Foster public- Effective Stakeholders 2025 - C: FMMBE, Nigerian private collaboration report 2028 NIMASA, MOT ownership partnerships and P: NTDA & other and and cooperation relevant investment community among stakeholders in the sector engagement stakeholders Table 3.17: Thematic Area 3, Objective 4.2 of Goal 4 Goal 4 Resilient Infrastructure, Blue Carbon & other Ecosystem Services Objective 4.2 Promote the integration of blue carbon and ecosystem services into Climate Change, Coastal, and Aquatic policies. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Enhance the Develop policy Enhanced Stakeholders’ 2025 - C: FMMBE, sector’s briefs and contribution engagement 2029 NIMASA, MOT, contribution recommendations of the blue report P: Private sector to national for integration tourism & other relevant climate into national sector to stakeholders change policies. national mitigation climate and change adaptation mitigation efforts. and adaptation efforts 91 Protect and Establish a Blue Monitoring 2025 - C: FMMBE, conserve monitoring and tourism and 2027 NIMASA, MOT, coastal and evaluation monitoring evaluation P: Private sector marine framework for and reports & other relevant ecosystems tracking progress evaluation stakeholders and framework biodiversity established Support Develop and Sustainable Workshop 2025 - C: FMMBE, sustainable implement tourism and and dialogue 2029 NIMASA, MOT, tourism ecosystem-based ecosystem- reports P: Private sector development tourism practices based & other relevant and and guidelines tourism stakeholders ecosystem- practices based developed tourism practices Thematic Area 4: Sustainable Energy and Mineral Resources and Innovative Industries in the Context of Nigerian Blue Economy Table 4.0: Thematic Area 4, Objective 1.1 of Goal 1 Goal 1 Unlock sustainable blue energy potential Objective 1.1 Increase blue energy penetration in the Nigerian energy mix. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Assess blue Assess and Assessment SBE 2025 - C: FMMBE energy determine the of priority Assessment 2027 potentials potential of a SBE Report P: Other relevant sustainable blue completed stakeholders energy mix. Assess the Potential Potential 2025 - C: FMMBE possibility of geothermal geothermal 2028 integrating energy energy 92 geothermal energy sites that generation P: Other relevant with sustainable could be sites stakeholders energy wherever integrated identified applicable i.e. if the with SBE blue energy is in identified proximity to geothermal energy potential. Pilot Conduct feasibility SBE Feasibility 2025 - C: FMMBE sustainable studies of selected feasibility study 2027 blue energy potential projects studies report P: Other relevant mix for that could be completed stakeholders deployment implemented in the short (2024), medium (2035), and long term (2063) of which 2020 could be a baseline Pilot tests the Pilot test at Five pilot 2025 – C: FMMBE technical and least five projects 2030 financial viability SBE P: Other relevant of selected projects stakeholders sustainable blue energy technologies. Table 4.1: Thematic Area 4, Objective 1.2 of Goal 1 Goal 1 Unlock sustainable blue energy potential Objective 1.2 Contribute to increasing reliable, clean, affordable, and modern energy. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 93 Identify tested Determine Potential lakes Number of 2025 - C: FMMBE, sustainable potential for FPV potential lakes 2027 Relevant blue energy locations for installation and installed MDA’s technologies mature and identified and capacity that could be economically feasibility P: Other implemented and study relevant soon. technologically completed stakeholders feasible sustainable blue energy technologies such as the application of floating solar photovoltaic (FPV), where hydropower plants are already in operation Determine Potential SBE Potential 2025 - C: FMMBE, potential potential areas analysis 2027 Relevant locations for all identified report MDA’s other blue ready for energy locations implementation P: Other as well as for relevant R& stakeholders Implement At least 15% of At least about Five SBE 2025 - . C: FMMBE, sustainable energy comes five types of installed 2030 Relevant blue energy from SBE projects MDA’s projects sustainable blue implemented energy such as P: Other Offshore Wind relevant Energy (30%); stakeholders Floating Solar Photovoltaic (20%); Wave Energy Conversion (20%); Marine Algae Biofuels (10%); Oil and Gas (20%) 94 Promote the Pilot test the Pilot project Hydrogen 2025 - C: FMMBE, application of production of completed Production 2028 Relevant offshore wind hydrogen from achieved MDA’s energy for the off-wind energy production of P: Other hydrogen relevant stakeholders Undertake a Undertake a Study tour Number of 2025 - C: FMMBE, study tour to study tour to conducted in study tours, 2028 Relevant share share selected participants, MDA’s experiences in experience in African and and countries the the other countries participated P: Other implementation development relevant of sustainable and application stakeholders blue energy of some of the technologies. promising technologies such as FPV, wave energy conversion, and hydrogen production. Identify Identify Beneficiary Number of 2025 - C: FMMBE, sustainable beneficiary communities beneficiary 2028 Relevant blue energy targets that identified communities MDA’s resources that could benefit could help the from P: Other transition of sustainable blue relevant more energy. stakeholders sustainable and applicable targets of beneficiary communities Table 4.2: Thematic Area 4, Objective 1.3 of Goal 1 Goal 1 Unlock sustainable blue energy potential Objective 1.3 Assess the availability of sufficient infrastructure at (a) national (b) state (c) local government levels. 95 Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Conduct Undertake Energy Energy 2025 - C: FMMBE national energy infrastructure infrastructure 2028 infrastructure infrastructure assessment assessment P: Other reliability and (grid electricity completed report relevant readiness and pipeline) stakeholders assessment availability and reliability study to accommodate the blue energy development and evacuation Undertake Grid Grid 2025 - C: FMMBE feasibility infrastructure Infrastructure 2027 studies for grid feasibility Feasibility P: Other power studies Study Report relevant integration completed stakeholders where sustainable blue energy can benefit from and also benefit land- locked countries Identify gaps Gaps identified Investment 2025 - C: FMMBE that require in existing gaps report 2028 investment and infrastructures P: Other infrastructure relevant development to stakeholders realize the application of sustainable blue energy Determine Undertake the National Potential 2025- C: FMMBE National availability of energy proposals 2028 infrastructure National infrastructure needs needs 96 electricity grid identified and P: Other infrastructure. proposal for relevant implementation stakeholders completed Determine Natural gas Natural gas 2025- C: FMMBE gaps in the pipeline pipeline 2028 already capability gaps capability P: Other ongoing gas identified and gaps report relevant pipeline proposal for stakeholders infrastructures implementation and propose completed needs for implementation Determine Potential Natural gas 2025- C: FMMBE natural gas natural gas pipeline 2030 infrastructure pipeline needs needs P: Other needs in completed analysis relevant countries report stakeholders where new oil and gas are discovered. Table 4.3: Thematic Area 4, Objective 2.1 of Goal 1 Goal 2 Create a conducive regulatory environment for the development and application of sustainable blue energy Objective 2.1 Reform unsustainable financial structure and create conducive energy finance instruments. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Reform energy Transform Transformation Electricity 2025- C: FMMBE subsidies and current of electricity tariff report 2029 reform tariff electricity tariff P: Other restructuring tariff subsidy completed relevant into a stakeholders market- driven 97 electricity tariff system Introduce Introduction of Functional 2025- C: FMMBE innovative innovative innovative 2030 financing financing financing P: Other mechanisms mechanisms mechanism relevant and create a completed and Blue Energy stakeholders “Blue “Blue Energy Bond created Energy Fund” created Fund” mechanism similar to “Green Bond” for renewable energy. Update and Utility data Functional 2025- C: FMMBE introduce management utility data 2029 new energy system management P: Other data system relevant management stakeholders systems to increase efficiency, transparency, and reliability Strengthen the Transform Transformation Transformation 2025- C: FMMBE financial utility of utility of utility 2028 capacity and structures in structures structure P: Other creditworthiness line with the completed adopted relevant of state entities development stakeholders aspirations in a manner that could encourage investments in sustainable blue energy. 98 Develop clear Develop and Tariff policy Tariff policy 2025- C: FMMBE and stable implement developed and adopted 2030 electricity tariff tariff policy updated P: Other policy that relevant frameworks that encourages stakeholders enable the investors and private sector to users. It invest. should be an open and transparent process i.e. procurement etc. Incorporate Commence Efficient Existing 2025 - C: FMMBE, relevant review of legislation with implementation 2027 FMOJ provisions of International provisions on laws and International and Regional advanced/ policies. P: Other and regional Legislation, emerging relevant Agreements drive technologies stakeholders into national necessary and processes. legislation. amendments in existing legislation, and include provisions in future legislation. Table 4.4: Thematic Area 4, Objective 2.2 of Goal 2 Goal 2 Create a conducive regulatory environment for the development and application of sustainable blue energy Objective 2.2 Develop a sustainable blue energy master plan and policy derivatives. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Assess the Identify the need Assessment of Renewable 2025- C: FMMBE state of for independent renewable energy 2028 renewable blue energy energy strategies 99 energy and national strategy strategies revised and P: Other sustainable development and revised and adopted relevant blue energy undertake actions the need for stakeholders strategies. to develop the an strategy. independent SBE strategy identified Develop and Develop a A sustainable Sustainable 2025- C: FMMBE incorporate sustainable blue blue energy blue energy 2028 sustainable energy strategy strategy strategy P: Other blue energy developed adopted relevant in the stakeholders national Incorporate a Incorporate Incorporation 2025- strategy sustainable blue sustainable of 2030 energy mix in the blue energy in Sustainable national renewable blue energy renewable energy energy in renewable strategy or road strategy energy map strategy adopted Develop a long- Low carbon Low carbon 2025- term sustainable development development 2030 blue energy scenario scenario strategy and analysis analysis quantify its completed that report contribution (low includes SBE. carbon scenario analysis). Updating Update regulatory National National 2025- regulations frameworks to regulatory regulatory 2027 and policies meet sustainable frameworks frameworks to meet new blue energy updated adopted developments requirements and requirements Harmonize National Harmonized 2025- National regulations regional 2027 regulations and harmonized regulations policies to reduce adopted risk and encourage collaboration 100 Investigate Assess the Disadvantaged Assessment 2025- how blue contribution of communities report 2028 energy SBE in and SBE empowers eradicating projects local poverty and identified to productivity. increasing the spur the local income of economy communities, especially in coastal areas. Synergize blue Contribution Study report 2025- economy with SBE to 2028 economic national development so economic that electricity development consumption per quantified capital increases Table 4.5: Thematic Area 4, Objective 2.3 of Goal 2 Goal 2 Create a conducive regulatory environment for the development and application of sustainable blue energy Objective 2.3 Develop Environmental, Social, and Governance (ESG) risk assessment guidelines for the exploration of marine and freshwater natural capital in Nigerian waters. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Environmental Develop Environmental Environmental 2025- C: FMMBE impact environmental impact impact 2028 assessment impact assessment assessment P: Other guideline assessment guidelines guideline/report relevant guidelines complete MDAs and and/or update stakeholders the existing ones Develop Strategic Strategic 2025- C: FMMBE National environmental environmental 2028 strategic EIA for impact impact P: Other blue energy and assessment assessment relevant 101 harmonize the guideline guideline MDAs and national completed /report stakeholders strategies to consider the development of blue energy Develop Develop Environmental Environmental 2025- C: FMMBE, environmentally- environmentally- sensitive areas sensitive area 2028 NIMASA sensitive areas sensitive areas identified in report and the SBE P: Other predetermine the corridor relevant environmentally- MDAs and sensitive stakeholders corridors to expedite the licensing for exploration and minimise impacts. Develop Spatial mapping Online spatial 2025- C: FMMBE, environmentally completed mapping 2028 NASDRA sensitive areas spatial mapping P: Other relevant MDAs and stakeholders Table 4.6: Thematic Area 4, Objective 2.4 of Goal 2 Goal 2 Create a conducive regulatory environment for the development and application of sustainable blue energy Objective 2.4 Promote R&D and technology transfer in harnessing ocean natural capital and ecosystem services. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 102 Promote Establish a Increased Number of 2025 - C: FMMBE, research and National Blue R&D research 2030 NIOMR, development Energy activities and projects and NIFFR (R&D) in Research and innovation in innovations harnessing Development sustainable developed P: Other ocean and Centre. blue energy relevant MDAs inland water and natural capital stakeholders and ecosystem services for blue energy development Facilitate Develop and Improved Technology 2025 - C: FMMBE technology implement skills and transfer and 2029 transfer and technology capacity in adoption rates P: Other innovation in transfer and the sector relevant MDAs the sector innovation and hubs. stakeholders Facilitate collaboration between academia, CSOs, industry, and Government Enhance the Develop a Enhanced Development 2025 - C: FMMBE development comprehensive development in the blue 2027 and deployment R&D roadmap and energy sector P: Other of sustainable and strategy. deployment relevant MDAs blue energy of sustainable and solutions. Provide funding blue energy stakeholders and grants for solutions research and innovation. Table 4.7: Thematic Area 4, Objective 3.1 of Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations 103 Objective 3.1 Require regular environmental evaluations and risk management plans for all minefields as prerequisite planning tools as well as regular audits throughout the life span of the particular fields. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Ensure Develop and Implementation Environmental 2025 - C: FMMBE regular conduct of sustainable and risk 2028 environmental environmental mining management P: Other relevant evaluations impact practices. strategies MDAs and and risk assessments documents stakeholders management and risk plans for all evaluations. minefields. Establish a monitoring and evaluation framework. Implement Engage Compliance Stakeholders 2025 - C: FMMBE prerequisite stakeholders with report 2029 planning tools and environmental P: Other relevant for communities regulations and MDAs and sustainable in the standards stakeholders mining evaluation practices and planning process. Implement corrective actions and mitigation measures. Conduct Conduct Protection of Audits and 2025 - C: FMMBE regular audits regular audits biodiversity assessment 2030 throughout and and ecosystems reports P: Other relevant the lifespan of assessments. MDAs and the minefields stakeholders Identify and address 104 potential environmental and social risks. Table 4.8: Thematic Area 4, Objective 3.2 of Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations Objective 3.2 Proscribe solid minerals prospecting and mining in fragile ecosystems including coastal waters, forests, and other areas of high heritage value Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Protect Identify and Preservation of Environmental 2025 - C: FMMBE, fragile designate fragile impact 2030 NIMASA, ecosystems, fragile ecosystems and assessments NASRDA including ecosystems areas of high and risk P: Devt coastal, and areas of heritage value. evaluation Partners, & inland high heritage reports relevant waters, and value as off- stakeholders areas of high limits to solid heritage minerals 105 value from prospecting solid and mining. minerals. Preserve Develop and Protection of Designation of 2025 - C: FMMBE, biodiversity implement biodiversity and protected areas 2030 NIMASA and regulations and ecosystems. documents P: Other ecosystem policies to And increased relevant MDAs services in prohibit awareness and and these mining education about stakeholders sensitive activities in the importance areas these areas. of environmental Raise protection. awareness and educate stakeholders about the importance of sensitive areas. Safeguard Establish Safeguarding Monitoring and 2025 - C: FMMBE, cultural and effective cultural and enforcement 2030 NIMASA natural monitoring and natural heritage reports P: Other heritage sites enforcement sites relevant MDAs for future mechanisms to and generations prevent illegal stakeholders mining activities. Develop and implement rehabilitation and restoration plans for areas previously affected by mining activities. Provide alternative livelihood options and support for communities 106 that may be impacted by the proscription. Table 4.9: Thematic Area 4, Objective 3.3 of Goal 3 Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations. Objective 3.3 Capacity building and technology transfer Targets Actions Expected Means of Time Coordinato Results Verification frame r (C) and Partnership (P) Establish Provide Enhanced Technology 2025 - C: FMMBE capacity and training and innovation and transfer and 2029 technology skills entrepreneurshi innovation P: Other transfer in the development p in the sector. hub relevant Nigerian Blue opportunities establishment stakeholders Energy sector. for 107 professionals and entrepreneurs, also empowering women. Develop local Develop and Increased local Number of 2026 - C: FMMBE expertise and implement a expertise and professionals 2027 P: Other skills in comprehensiv skills in the trained and relevant sustainable e capacity- sector and skilled stakeholders energy solutions building stakeholders’ program for investment stakeholders Foster Establish a Reduced Investment 2025 - C: FMMBE innovation and technology greenhouse gas levels in 2030 P: Other entrepreneurship transfer emissions and sustainable relevant in the sector and framework improved energy stakeholders improve access and innovation environmental solutions to clean and hub sustainability. reliable energy for all Successful start- ups and SMEs in the Blue Energy sector Table 4.10: Thematic Area 4, Objective 3.4 of Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations Objective 3.4 Strengthen the existing collaboration with Security Agencies (Ministerial Surveillance Taskforce) Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Strengthen Establish a Increased MOU and 2025 - C: FMMBE collaboration joint task force enforcement of Joint Task 2029 between between environmental Force environmental environmental 108 regulators and regulators and regulations establishment P: Other security security and laws. documents relevant agencies to agencies. stakeholders enforce compliance with environmental laws in the Nigerian Blue Energy sector. Prevent Conduct Strengthened Number of 2025- C: FMMBE environmental regular joint institutional joint 2030 P: Other degradation inspections capacity for inspections relevant and pollution and environmental and stakeholders monitoring of enforcement monitoring blue energy activities projects. Table 4.11: Thematic Area 4, Objective 3.5 of Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations Objective 3.5. Regulate all levels of mining including those at artisanal scales Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Regulate all Develop and Regulatory Regulatory 2025 - C: FMMBE levels of implement a framework framework 2030 P: Other mining, comprehensive developed and licensing relevant including mining documents stakeholders framework 109 artisanal scales Ensure Establish a Reduced Inspection and 2025 - C: FMMBE sustainable licensing and environmental monitoring 2030 P: Other and permitting degradation reports relevant responsible system for all and pollution stakeholders mining mining practices operations Promote Provide training Increased legal Artisanal 2025 - C: FMMBE legal and and capacity and formal mining 2028 P: Other formal building for artisanal formalization relevant artisanal artisanal miners. mining plan and stakeholders mining operations reports operations Collaborate with local communities and stakeholders Table 4.12: Thematic Area 4, Objective 3.6 of Goal 3 Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations Objective 3.6 Create a direct line budget for capacity building, purchase of operational equipment, vehicles Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 110 Create a Identify and Transparent Budget and 2025 - C: FMMBE direct line allocate a and allocation 2030 budget for specific accountable documents P: Other relevant capacity budget line budget stakeholders building and for capacity expenditure purchase of building and operational vehicle vehicles. purchase. Enhance the Conduct a Increased Stakeholders’ 2025 - C: FMMBE capacity of needs access to training 2030 P: Other relevant stakeholders assessment to training records and stakeholders in the sector determine opportunities needs capacity- assessments building report requirements Improve the Develop a Improved Sector 2025 - C: FMMBE efficiency capacity- efficiency and development 2028 P: Other relevant and building plan effectiveness metrics stakeholders effectiveness and training of operations of operations programs Table 4.13: Thematic Area 4, Objective 4.1 of Goal 4 Goal 4 Harnessing the potential of innovative industries through R&D Objective 4.1 Develop a policy framework to accelerate the transfer and application of blue economy technologies Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 111 Develop a Develop a Policy Policy 2025 - C: FMMBE framework to policy framework framework 2029 accelerate the framework developed and strategy P: Other transfer and and strategy document relevant application of document stakeholders Blue Economy technologies in the sector. Promote Develop and Improved Sector 2025 - C: FMMBE innovation and implement innovation and development 2027 P: Other entrepreneurship funding entrepreneurship metrics relevant in the sector mechanisms in the sector stakeholders for technology adoption Enhance the Create a Improved skills Skills 2025 - C: FMMBE adoption of platform for and capacity of development 2028 P: Other sustainable stakeholders’ stakeholders reports relevant technologies engagement stakeholders and collaboration Table 4.14: Thematic Area 4, Objective 4.2 of Goal 4 Goal 4 Harnessing the potential of innovative industries through R&D Objective 4.2 Strengthen institutional, infrastructural, and human capacity development also ensuring gender equity Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 112 Strengthen Conduct an Improved Institutional 2025 - C: FMMBE institutional institutional institutional capacity 2030 P: Other capacity for capacity capacity for assessment relevant effective assessment and effective plan stakeholders governance develop a governance documents and regulation strengthening and regulation plan Develop Develop and Enhanced Infrastructure 2025 - C: FMMBE infrastructure implement an infrastructure development 2028 P: Other to support infrastructure to support the plan reports relevant growth in the development growth of the stakeholders blue energy plan. blue energy sector sector Upgrade and expand existing infrastructure (e.g., transmission lines and pipelines) Enhance Develop and Increased Human 2025 - C: FMMBE human implement a human capacity 2029 P: Other capacity human capacity capacity development relevant through development through plan reports stakeholders training and plan training and development development programs programs Table 4.15: Thematic Area 4, Objective 4.3 of Goal 4 Goal 4 Harnessing the potential of innovative industries through R&D Objective 4.3 Promote the application of innovative industries Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) 113 Promote the Conduct a Innovation Innovation 2025 - C: FMMBE application mapping of strategy and strategy and 2030 of innovative innovative roadmap roadmap P: Other industries in industries and developed. documents relevant the blue technologies. stakeholders energy sector Develop an innovation strategy and roadmap. Encourage Provide funding Increased Funding and 2025 - C: FMMBE the and grants for investment in grants 2028 P: Other development research and research and disbursed for relevant and adoption development development R&D stakeholders of new (R&D) technologies Support the Develop a skills Bridging the Skills 2025 - C: FMMBE growth of development skills gap and development 2028 P: Other innovative program for boosting program relevant businesses innovation and entrepreneurship report stakeholders and startups entrepreneurship Table 4.16: Thematic Area 4, Objective 4.4 of Goal 4 Goal 4 Harnessing the potential of innovative industries through R&D Objective 4.4 Create innovative industry database and support tools 114 Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Create an Design and A Database 2025 - C: FMMBE innovative develop the comprehensive development 2028 industry database and and accessible documents P: Other database for support tools. innovative relevant the Nigerian industry stakeholders blue energy Populate the database sector database with relevant information and resources Enhance Establish a Improved Database 2025 - C: FMMBE access to user-friendly access to usage metrics 2030 P: Other information interface and information and relevant and resources access resources stakeholders protocols Foster Establish Enhanced Partnership 2025 - C: FMMBE collaboration partnerships collaboration agreements 2028 P: Other and with relevant and knowledge and relevant knowledge- organisations sharing collaboration stakeholders sharing and records stakeholders Thematic Area 5: Governance, Poverty Eradication, and Innovative Financing Industries in the Context of Nigerian Blue Economy. Table 5.0: Thematic Area 5, Objective 1.1 of Goal 1 Goal 1 To Strengthen Institutions for Policy, Environment, and Governance to coordinate the Nigerian Blue Economy. 115 Objective 1.1. Foster coherence in policy practice and harmonization of regulatory frameworks within and across sectors and levels Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Incorporate Conduct a Policies and Report 2025 - C: FMMBE, existing mapping exercise Regulatory available 2028 NIMASA regional and of policies and frameworks P: Other continental regulatory fully relevant policy frameworks mapped Stakeholders frameworks into national Conduct a Consultation Workshop 2025 - C: FMMBE, systems consultative workshops reports 2029 NIMASA engagement with are done and available P: Other national and a network of relevant regional players stakeholders Stakeholders and stakeholders is in place (validation & buy- in) Review and align Review and Report on 2025 - policies to the alignment the 2028 AIMS exercise alignment done available Monitoring and Develop a Mechanism Policy 2025 - C: FMMBE reporting mechanism to to guide Guidance 2028 P: Other framework guide policy policy available relevant operationalised coherence and coherence stakeholders align establishment established and operationalisation (Policy Handbook; etc.) Organize the First Reporting Reporting regional and platform platform in continental operation reporting (sharing and learning) platform by 2028 116 Table 5.1: Thematic Area 5, Objective 1.2 of Goal 1 Goal 1 To Strengthen Institutions for Policy, Environment, and Governance to coordinate the Nigerian Blue Economy. Objective 1.2. Capable institutions to foster inter-sectoral collaboration, implementation, and accountability in delivering on Nigeria’s blue economy goals Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Capacity in Conduct an A fully Assessment 2025 - C: FMMBE, national and assessment of comprehensive report 2030 NIMASA regional human and assessment available P: Other structures institutional done relevant strengthened resource needs at Stakeholders to develop all levels. and coordinate policy and Organise Human and Reports on 2025 - regulatory responsive human institutional Program 2030 framework. and institutional capacities achievement capacity reinforced available development programs Legislative Legislation Legislative 2025 - drafting for the updated documents 2028 appropriate available regulatory bodies Institutional AUC and AUDA- BE Report on 2025 - mechanisms NEPAD to define development the 2027 for cross- and lead processes Process in development sector to formalise an place process collaboration agreed institutional available formalised mechanism Table 5.2: Thematic Area 5, Objective 1.3 of Goal 1 Goal 1 To Strengthen Institutions for Policy, Environment, and Governance to coordinate the Nigerian Blue Economy. Objective 1.3. Enhance analytical and information support systems at all levels for informed decision-making and reporting 117 Targets Actions Expected Means of Time Coordinator Results Verification frame (C)and Partnership (P) Establish and Identify BE BE data Database in 2025 - C: FMMBE, operationalise implementation recorded operation 2030 NIMASA, national BE data and following a P: Other information information needs standardized relevant and and build standard procedure MDAs and knowledge templates for Stakeholders support collection (all database. sectors and components) Strengthen Conduct gap Review of the Report on 2025 - C: FMMBE, BE research analysis, review, national the review 2028 NIMASA, and and adapt capacities for available P: Other innovation curriculum in delivering BE relevant capacity in learning training MDAs and Nigeria's institutions to cater Stakeholders institutions for BE Re-enforce Improvement Reports on 2025 - C: FMMBE, capacity in of scientific, capacity 2028 P: Other scientific, technical, and building relevant technical, administrative available MDAs and academic, and competencies Stakeholders policy institutions for BE implementation Table 5.3: Thematic Area 5, Objective 2.1 of Goal 2 Goal 2 To promote the Nigerian Blue Economy to drive Economic Transformations. 118 Objective 2.1. To mainstream integrated strategies for a sustainable and inclusive Blue Economy with a focus on value chain enhancement Targets Actions Expected Results Means of Time Coordinator (C) Verification frame and Partnership (P) Mainstream Develop and Integrated Integrated 2025 - C: FMMBE, integrated implement strategies for strategies report 2027 NIMASA strategies for integrated sustainable blue available P: Other relevant sustainable strategies for economy Stakeholders and inclusive a sustainable developed blue blue economy economy Enhanced Develop and Sustainable blue Monitoring and 2025 - C: FMMBE, value chains promote economy evaluation 2030 NIMASA for improved sustainable practices report P: Other relevant efficiency blue economy developed Stakeholders and sectors. sustainability Establish community- led conservation initiatives for the blue economy Promote Establish Multi- Stakeholders’ 2025 - C: FMMBE, inclusive and multi- stakeholder engagement 2028 NIMASA equitable stakeholder platforms report available P: Other relevant benefits for platforms for established Stakeholders all collaboration stakeholders and knowledge sharing 119 Table 5.4: Thematic Area 5, Objective 2.2 of Goal 2 Goal 2 To promote the Nigerian Blue Economy to drive Economics Transformations. Objective 2.2. Mainstream relevant mechanism and framework to operationalise AfCFTA and other regional and Continental Frameworks Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Leveraging Implementation Regional Trade data and 2025 - C: FMMBE, the single of AfCFTA trade statistics reports 2027 NIMASA common and other agreements P: Other relevant market of the regional trade implemented Stakeholders AfCFTA to agreements. promote the Nigerian Further Blue development of economy marine sectors infrastructure and competencies to take advantage of emerging opportunities. Improve food Empowering Food Food security and 2025 - C: FMMBE, security by women and security trade facilitation 2030 ensuring youths in achieved reports P: Other relevant gender- aquaculture MDAs and balanced and fisheries Stakeholders practices in and eliminating the blue barriers to trade economy sectors 120 Table 5.5: Thematic Area 5, Objective 2.3 of Goal 2 Goal 2 To promote the Nigerian Blue Economy to drive economic transformations. Objective 2.3. Reinforce Blue Economy capacities and accelerate science, technology, and innovation Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Reinforce Support the Sustainable Sustainable 2025 - C: FMMBE, blue development of ocean-based ocean-based 2030 NIMASA, economy sustainable industries industries FMSTI P: Other capacities ocean-based developed developed relevant industries Stakeholders Accelerate Establish a Increased Research and 2025 - C: FMMBE, science, Blue investment in innovation 2030 FMF, FMSTI, technology, Economy blue economy projects funded NIOMR, MAN engineering, Research and research and Oron and Innovation innovation innovation Fund. P: Other (STEI) relevant Partner with Stakeholders research, training, and technological institutes Enhance Create a network Enhanced Number of 2025 - C: FMMBE, knowledge of blue economy skills and innovation hubs 2028 NIMASA, sharing and innovation hubs human established collaboration capacity P: Other development relevant Stakeholders 121 Table 5.6: Thematic Area 5, Objective 2.4 of Goal 2 Goal 2 To promote the Nigerian Blue Economy to drive economic transformations. Objective 2.4. Develop a National blue economy roadmap for Nigeria Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Develop a Conduct a A National Blue Stakeholders’ 2025 C: FMMBE, comprehensive stakeholder Economy engagement P: Other National Blue engagement Roadmap was and relevant Economy to produce a validated during consultation Stakeholders Roadmap and road map. the workshop and MDAs implementation stakeholders' report plan. Validation engagement and of the road consultation map by process. enlarged stakeholders. Enhance the Identify priority Priority Blue Blue Economy 2025 C: FMMBE, contribution of sectors for blue economy sector report the blue economy sectors sectors P: Other economy to developed relevant Nigeria’s GDP Stakeholders and MDAs 122 Table 5.7: Thematic Area 5, Objective 3.1 of Goal 3 Goal 3 Ensuring that Nigeria assumes leadership for financing Blue Economy development Objective 3.1. Develop innovative and sustainable financing tools (Blue bonds) and enablers to implement the Blue Economy strategy at the state, local, and national levels Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Develop Develop a Innovative Blue bond 2025 - C: FMMBE, innovative and framework financing tools framework and 2026 FMOF, sustainable for Blue (Blue bonds) issuance NIMASA, SEC P: Other financing tools bond established documents relevant issuance. Stakeholders Establish a Blue Economy Fund. Establish Create a Blue Economy Monitoring and 2025 C: FMMBE, enablers to Blue Strategy evaluation FMOF, implement the Economy implementation reports NIMASA, SEC P: Other blue economy investment enablers relevant strategy at all platform. established. Stakeholders tiers of government. Provide capacity building and technical assistance for investment. 123 Table 5.8: Thematic Area 5, Objective 3.2 of Goal 3 Goal 3 Ensuring that Nigeria assumes leadership for financing Blue Economy development Objective 3.2. Initiate fiscal reform and other incentives to improve the financial system, and improve PPP and financing (State and non-State). Targets Actions Expected Means of Time Coordinator (C) Results Verification frame and Partnership (P) Initiate fiscal Conduct a Improved Fiscal reform 2025 - C: FMMBE reform to fiscal reform financial roadmap and 2026 improve the assessment system and implementation P: Other relevant financial and develop fiscal plan stakeholders system a roadmap. management Introduce tax incentives for blue investments. Enhance Establish a PPP Increased PPP investment 2025 - C: FMMBE, Public- coordinating private sector report 2028 FMF Private office and investment Partnerships develop a through PPP P: Other relevant (PPP) pipeline of stakeholders projects Increase Develop a Enhanced Financial 2025 - C: FMMBE, financing for financing financing for inclusion 2030 FMF, SMEDAN state and strategy for state and non- metrics non-state state and state actors P: Other relevant actors non-state stakeholders actors. Promote financial 124 inclusion and access to finance Table 5.9: Thematic Area 5, Objective 3.3 of Goal 3 Goal 3 Ensuring that Nigeria assumes leadership for financing Blue Economy development Objective 3.3 Promote the creation of a Nigerian Blue business alliance for the health and sustainable use of Nigerian Aquatic Ecosystems. Targets Actions Expected Means of Time Coordinator Results Verification frame (C) and Partnership (P) Promote the Conduct a Blue Business Alliance 2025 - C: FMMBE creation of a Stakeholder Alliance establishment 2028 Nigerian engagement Established documents P: Devt. Blue and Partners & Business consultation other relevant Alliance process. stakeholders Establish a steering committee to lead the alliance. Develop a charter and membership criteria. Encourage Develop a Communication Communication 2025 - C: FMMBE sustainable communication and Outreach and outreach 2027 use of and outreach strategy materials P: Devt. aquatic strategy for the developed Partners & ecosystems National Blue other relevant Economy stakeholders Strategy and 125 Implementation Plan. Ensure the implementation of all ratified marine environment Conventions and Protocols. Table 5.10: Thematic Area 5, Objective 3.4 of Goal 3 Goal 3 Ensuring that Nigeria assumes leadership for financing Blue Economy development Objective 3.4 Promote sustainable and innovative ocean financing for blue economy development. Targets Actions Expected Results Means of Time Coordinator (C) Verification frame and Partnership (P) Promote Implement Sustainable Available 2025 C: FMMBE sustainable ecosystem economic documents - ocean-based management business 2030 P: Other relevant economies strategies like activities. stakeholders Marine and Freshwater Spatial Planning (MFSP) and Marine Protected Areas (MPA) Facilitate Implement the SDG 14 and other SDGs 2025 C: FMMBE sustainable sustainable related SDGs implementation - ocean-based goal 14 and implemented report 2029 P: Other relevant economic, other related stakeholders social, and SDGs 126 environmental benefits Rebuild ocean Ensure Regenerative Monitoring and 2028 C: FMMBE prosperity, financial Ocean-based evaluation - restore institutions economy report 2030 P: Other relevant biodiversity, mainstream mainstreamed stakeholders and the regenerate sustainability ocean health of ocean-based sectors 127 ANNEXES

Annex 1 Proposed Minimum List of Indicators Theme/Goals/Objectives No. Indicators Thematic Area 1: Fisheries, aquaculture, and sustainable aquatic ecosystems Goal 1: Enhance the conservation and sustainable fisheries and aquaculture resources use while minimizing conflicts within the blue economy subthemes Objective 1.1 Establish institutional 1 Establishment of a multi-stakeholder platform for coordination mechanisms to coordination and dialogue harmonize fisheries and aquaculture activities with other blue economy 2 Development of policies that integrate stakeholders aquaculture with other sectors 3 Harmonisation of laws and regulations governing fisheries, aquaculture, and other blue economy sectors 4 Increased collaboration and joint programming among blue economy stakeholders Objective 1.2: Designate an area- 5 # of Established marine and inland protected based ecosystem management areas approach for Marine and inland protected areas for effective 6 # of Established monitoring and enforcement governance of Nigerian blue mechanisms economy natural capital and 7 # of Improved biodiversity and ecosystem health ecosystem services indicators Objective 1.3: Promote nature- 8 # of Restored degraded marine ecosystems based solutions (mangrove/wetlands restoration) for sustainable marine 9 # of Reduced climate change impacts on marine biodiversity conservation ecosystems 128 10 Development of marine spatial planning and management plans Theme/Goals/Objectives No. Indicators Objective 1.4 Harmonize fisheries 11 # of Policies developed to harmonise fisheries and aquaculture activities with other and aquaculture activities with other BE sectors blue economy themes Goal 2: Achieving full wealth-generating potential for fisheries and aquaculture sector to optimally contribute to the blue economy growth Objective 2.1 Develop sustainable 12 # of People trained in sustainable aquaculture small-scale and aquaculture for practices improved livelihood, food, and nutritional security of Nigerians 13 Improved quantity of fish produced annually for local consumption Objective 2.2 Create an enabling 14 # of Funding attracted to develop the fisheries environment that will attract and aquaculture sector adequate funding and investments in the fisheries and aquaculture sub- 15 Level of investment in the fisheries and sector. aquaculture sector Objective 2.3 To continuously 16 # of Development plans that address emerging update existing development plans challenges to reflect current economic realities. 17 # of Assessment of development plan implementation and impact 129 Theme/Goals/Objectives No. Indicators Objective 2.4 Develop a climate- 18 # of Climate resilience plans developed resilient plan for the blue economy 19 # of Nature based plans for Climate Change mitigation implemented Objective 2.5 Promote inclusive 20 # of Eco-Tourism and recreational fishing blue value chain incorporating initiatives developed fisheries sustainable aquaculture, ornamental fisheries, and tourism 21 # of Women and youths involved in the blue sector. value chains 22 # of Laws and policies supporting blue value chains developed Objective 2.6 Accelerate the 23 # of Fish processing and storage capacity development of fisheries and developed aquaculture fish processing and storage capacities within blue 24 Increase in investment in fish processing and economy-related industries. storage infrastructure 25 Improved food safety and quality control measures Goal 3: Ensuring sustainable social, inclusion and resilience whilst safeguarding natural capital and blue investment Objective 3.1 Promote sustainable 26 Rate of Community access to microfinance and livelihoods of coastal/inland water financial services for SMEs communities 27 Increase in income and livelihoods of coastal/inland communities. 130 Theme/Goals/Objectives No. Indicators Objective 3.2 Improve fisheries and 28 # of Governance tools developed for fisheries and aquaculture governance for aquaculture development sustainable fisheries operations in Nigeria's maritime/inland 29 Level of monitoring and enforcement to protect ecosystems and protect investment fisheries and aquaculture investment in the fisheries sector. Objective 3.3 Create safe working 30 Level of marine domain awareness to combat conditions and security within the piracy and other related crimes maritime and inland waters 31 Level of Implemented continental and regional regulations implemented to combat maritime crimes including Crude oil theft Objective 3.4 Develop an aquatic 32 # of established national aquatic ecosystems ecosystem protection plan to protect protection plan the marine and inland waterways. 33 Area of designated protected areas developed 34 Rate of restoration of degraded aquatic ecosystems Thematic Area 2: Shipping/Transportation, Trade, Ports, Maritime Security, Safety, and Enforcement Goal 1: Enhance maritime administration governance Objective 1.1 Ensure effective 35 Improved patrolling of the Nigerian Maritime governance of the Nigerian zone by the Nigerian Navy maritime domain to enhance the safety and security of vessels 36 Effectiveness of the deployed regional and national maritime security architecture in NMZ 131 Theme/Goals/Objectives No. Indicators Objective 1.2 Encourage the 37 # of maritime conventions and codes for the ratification of maritime conventions safety of navigation ratified and codes for the safety of navigation Objective 1.3 Promote the 38 Rate of collaboration of Nigerian Navies with cooperation and collaboration of other regional navies. Nigerian navies with regional navies under the auspices of the 39 # of instruments developed to encourage Yaoundé security architecture for cooperation and collaboration of Nigerian navy effective maritime security and regional navies interdiction in NMD and the Gulf of Guinea. Objective 1.4 Develop a robust 40 # of Nigerian-built ships in cabotage operations cabotage regime to enhance indigenous tonnage and human 41 # of Human capacity developed as regards the development capacity. wavier principle 42 # of Nigerian seafarers employed onboard cabotage vessels Objective 1.5 Review the 43 # of indigenous tankers lifting crude oil to other International contract of carriage for countries across the world our local cargo (e.g. crude oil) from free onboard (FOB) to Cost 44 # of indigenous insurance companies providing insurance and freight (CIF) cover for tankers lifting crude under CIF basis 45 Capital flight reduced because of patronizing indigenous vessels for international crude oil lifting. Objective 1.6 Draft and implement 46 # of Piracy incidents recorded per annum a National Integrated maritime security framework for effective 47 # of Crude oil theft interdicted per annum interdiction of maritime crimes in Nigeria’s Maritime domain 48 Proper funding of the Navy for maritime security interdiction 132 Theme/Goals/Objectives No. Indicators Goal 2: Enhance Maritime transportation and logistics Objective 2.1 Develop port access 50 # of Vessels that called at Nigerian Ports per year and improve intermodal transport to link the ports with the hinterlands 51 Efficiency of transportation of cargo to the hinterlands Objective 2.2 Modernize and 52 # of bigger vessels that berthed in Nigerian ports digitize Nigerian ports to per year accommodate bigger vessels and for effective and efficient port 53 Level of digitization of cargo clearing and operations handling in Nigerian ports 54 # of Container moves per hour in Nigerian ports 55 # of cargo throughput per year in Nigerian ports Objective 2.3 Dredge the ports and 56 # of vessels grounding at ports significantly harbour to ensure accessibility to reduced per year vessels with bigger draft. 57 # of ship call at the ports 58 Draft of port channels compared to ports of neighbouring countries Objective 2.4 Improve Key ports 59 # of Ship turnaround time in Nigerian ports indicators of service (turnaround (days) time, waiting time, etc.) and monitoring arbitrary charges, 60 Competitive port pricing at Nigerian ports handling cost to improve port compared with ports of neighbouring countries choice and attractiveness of 61 Improved choice of Nigerian ports by users Nigerian ports 62 Improved cargo dwell time in Nigerian ports Objective 2.5 To expand indigenous 63 # of indigenous shipping line floated shipping/trading route within Africa and beyond. 64 # of countries engaged in trading with Nigeria 133 Theme/Goals/Objectives No. Indicators Objective 2.6 Dredging of the 65 # of inland waterways dredged inland waterways to enhance inland water transportation. 66 # of Inland ports operating effectively 67 Adequate funds provided for the maintenance of the dredged inland waterways Objective 2.7 Streamlining of 68 # of Agencies operating in the ports agencies that operate in the ports to enhance ease of doing business. 69 Efficiency of cargo examination in the ports due to reduced agencies Objective 2.8: To ensure 70 # of regulations implemented for the effective standardization and effective operation of barges, boats, and ferries operation of barges, boats, ferries etc. operations within inland 71 # of boats accidents recorded per year waterways for safe operations. Objective 2.9 Create enabling 72 # of Nigerian built ships in operation environment to increase ship building and maintenance capacity. 73 # of regulations and laws enacted to encourage the establishment of shipyards 74 # of indigenous human capacity developed in ship building Thematic Area 3: Blue Tourism, Climate Change, Resilience, Environment, Infrastructure in the Context of Nigerian Blue Economy Goal 1 Activities and developments in the coastal and marine sectors comply with all environmental protection and health laws, guidelines, and regulations Objective 1.1 Develop integrated 75 # of strategies developed for sustainable strategies for sustainable environmental management environmental management 134 Theme/Goals/Objectives No. Indicators Objective 1.2 Develop capacity for 76 # of capacities developed for climate resilience climate resilient economies and economies and communities communities Objective 1. 3 Designate areas with 77 Area of designated marine protected areas endemic species as Marine Protected Areas to make them no go 78 # of endemic species protected from harmful areas for industrial or other harmful human activities human activities Objective 1.5 Develop a risk 79 # of risk management frameworks developed management framework and promote domestication of ratified 80 # of conventions and treaties ratified across all conventions, treaties into national tiers of government for environmental risk legislation by all tiers of management government Objective 1.6 Develop information 81 # of information database developed database and dissemination mechanism Goal 2 Promote an integrated and Sustainable Coastal & Marine Tourism Objective 2.1 Promote Nigeria’s 82 # of Nigerian culture and heritage sites promoted rich cultural heritage, pristine beaches, and natural sites to attract 83 # of tourist visits per year to the pristine beaches coastal tourism and natural sites 84 Level of investment in the Nigerian tourism sector 135 Theme/Goals/Objective No. Indicators Objective 2.2 Develop capacity to 85 # of capacities developed to strengthen regional strengthen regional institutions institutions Objective 2.3 Harmonize 86 # of collaborations harmonized on transboundary collaboration on transboundary matters matters Objective 2.4 Enhance partnership 87 # of public private partnerships enhanced between public and private sector 88 # of public private partnership investment recorded in the blue economy sector Objective 2.5 Promote R&D and 89 # of Research and developments recorded in the technology transfer blue economy sector 90 # of publications in the blue economy sector by experts 91 # of funding attracted for research and development Objective 2.6 Enhance inter and 92 # of inter and intra coordination mechanism intra coordination mechanism developed Theme/Goals/Objectives No. Indicators Goal 3 Provide support for the development of resilient Infrastructure in Blue Tourism Sector Objective 3.1 Develop integrated 93 # of integrated strategies developed for strategies for sustainable tourism sustainable tourism Objective 3.2 Develop Integrated 94 # of integrated tourism infrastructure strategies tourism Infrastructure strategies developed Objective 3.3 Create safe working 95 # of tourist protected from harm conditions and security 96 # of policemen and other security apparatus deployed at tourism sites 136 Objective 3.4 Deploy early warning 97 # of early warning systems deployed systems for preparedness and responses to adverse weather 98 Level of preparedness for rapid response in case conditions of adverse weather issues Objective 3.5. Build resilient 99 # of resilient infrastructure built to withstand infrastructure that will withstand the effects of climate change effects of climate change 137 Theme/Goals/Objectives No. Indicators Objective 3.6. Promote ideal 100 # of Stakeholders engagement in developing a security architecture for security security architecture for blue economy issues that allow for ownership by development Nigerians 101 # of continental, regional, and national security regulations implemented Goal 4 Resilient Infrastructure, Blue Carbon & other Ecosystem Services Objective 4.2 Promote the 102 # of regulations implemented to integrate blue integration of blue carbon and carbon and ecosystem services into climate ecosystem services into CC, Coastal change polices and Aquatic policies. Thematic Area 4: Sustainable Energy and Mineral Resources and Innovative Industries in the Context of Nigerian Blue Economy Goal 1 Unlock sustainable blue energy potential Objective 1.1 Increase blue energy 103 # of blue energy mix developed penetration in the Nigerian energy mix. Objective 1.2 Contribute to increasing reliable, clean, affordable, and modern energy. 104 Quantity of clean reliable and affordable blue energy distributed Objective 1.3 Assess the availability 105 Condition of infrastructure available nationwide of sufficient infrastructure at (a) to produce blue energy national (b) state (c) local government levels. Theme/Goal/Objective No. Indicators Goal 2 Create conducive regulatory environment for the development and application of sustainable blue energy 138 Objective 2.1 Reform unsustainable 106 # of energy finance instruments created financial structure and create conducive energy finance instruments. Objective 2.2 Develop sustainable 107 Level of implementation of the developed blue blue energy master plan and policy energy master plan derivatives Objective 2.3 Develop 108 # of ESG guidelines developed Environmental, Social, and Governance (ESG) risk assessment guidelines for exploration of marine natural capital in Nigerian waters. Objective 2.4 Promote R&D and 109 # of R&D and technology transfer in harnessing technology transfer in harnessing ocean natural capital and ecosystem services ocean natural capital and ecosystem developed services. Goal 3 Ensure that developments in the sector comply with all environmental protection and health laws, guidelines, and regulations Objective 3.1 Require regular 110 # of minefields evaluated environmental evaluations and risk management plans for all minefields 111 # of risk management plans for minefield as prerequisite planning tools as evaluation implemented. well as regular audits throughout the life span of the particular fields. 112 # of audits of existing minefields and their evaluation reports Objective 3.2 Proscribe solid 113 # of proscribed solid minerals mining and minerals prospecting and mining in prospecting in fragile ecosystems fragile ecosystems including coastal waters, forests, and other areas of 114 # of areas of high heritage sites protected from high heritage value mining activities Objective 3.3 Capacity building and 115 Level of capacity built, and technology technology transfer transferred to the locals Objective 3.4 Strengthen the 116 # of security incidents averted due to existing collaboration with Security collaborations with security agencies 139 Agencies (Ministerial Surveillance Task force) Objective 3.5. Regulate all levels of 117 # of artisanal mining activities under government mining including those at artisanal regulation scales Objective 3.6 Create direct line 118 # of operational equipment’s provided by budget for capacity building, government purchase of operational equipment, vehicles 119 Amount of funds provided for capacity building in the sector Goal 4 Harnessing the potential of innovative industries through R&D Objective 4.1 Develop policy 120 Rate of implementation of the framework for framework to accelerate the transfer accelerating blue economy technologies and application of blue economy technologies Objective 4.2 Strengthen 121 # of institutional, infrastructural, and human institutional, infrastructural, and capacity developed human capacity development Objective 4.3 Promote the 122 # of innovative industries applied application of innovative industries Thematic Area 5: Governance, Poverty Eradication, and Innovative Financing Industries in the Context of Nigerian Blue Economy. Goal 1 To Strengthen Institutions for Policy, Environment, and Governance to coordinate Nigerian Blue Economy. Objective 1.1. Foster coherence in 123 # of regulatory frameworks harmonized. policy practice and harmonization of regulatory frameworks within and across sectors and levels Objective 1.2. Capable institutions 124 # of capable institutions to foster inter-sectoral to foster inter-sectoral collaboration, collaborations implemented implementation, and accountability 140 in delivering on Nigeria’s blue economy goals Objective 1.3. Enhance analytical 125 # of information support system enhanced and information support system at all levels for informed decision making and reporting Goal 2 To promote the Nigerian Blue Economy to drive Economic Transformations. Objective 2.1. To mainstream 126 # of integrated blue economy strategies integrated strategies for sustainable developed and implemented and inclusive Blue Economy with focus on value chain enhancement Objective 2.2. Mainstream relevant 127 # of regional and continental frameworks mechanism and framework to mainstreamed operationalise AfCFTA and other regional and Continental 128 Level of AfCFTA implementation in the sector Frameworks Objective 2.3. Reinforce Blue 129 # of blue economy regulatory frameworks Economy capacities and accelerate developed and implemented science, technology, and innovation Objective 2.4. Develop a National 130 # of priorities developed for the blue economy blue economy roadmap for Nigeria roadmap Theme/Goal/Objective No. Indicators Goal 3 Ensuring that Nigeria assumes leadership for financing Blue Economy development Objective 3.1. Develop innovative 131 # of Blue Bonds developed and its accessibility and sustainable financing tools for blue investments (Blue bonds) and enablers to implement the Blue Economy strategy at the state, local and national levels 141 Objective 3.2. Initiate fiscal reform 132 # of fiscal reforms developed to improve PPP and other incentives to improve financing financial system, improve PPP and financing (State and non-State). Objective 3.3 Promote the creation 133 # of blue business alliances created for of a Nigerian Blue business alliance sustainable aquatic ecosystems for the health and sustainable use of Nigerian Aquatic Ecosystems Objective 3.4 Promote sustainable 134 # of sustainable ocean financing developed for and innovative ocean financing for blue economy development blue economy development 142