The second version of the Niger Delta Blue Economy Investment Summit is anticipated to draw greater than $600 million in funding capital into Nigeria’s blue economic system sector.
The three-day summit, scheduled for March 18 to twenty, 2027, will maintain at Movela Hotels, Warri, Delta State.
Co-convener of the summit, Dr Uche Igwe, disclosed this throughout an interplay with chosen journalists, saying the annual occasion would deliver collectively key decision-makers and operators to remodel the Niger Delta’s blue economic system potential into viable funding alternatives.
He mentioned individuals could be drawn from authorities, the organised personal sector, academia, civil society, conventional establishments and group teams throughout the Niger Delta and past.
Igwe mentioned the maiden version, held in February 2026, had recorded progress by means of partnerships and the identification of possible initiatives requiring funding and additional growth.
“Since our maiden version final February, loads has been achieved. We now have companions who perceive our area and who’ve recognized a number of possible initiatives.
“It is now time to go to the next level of ensuring that such projects are made bankable and the necessary funds required are mobilised to ensure that projects leave the drawing board and hit the ground running,” he mentioned.
He counseled the Delta State Government underneath Governor Sheriff Oborevwori for offering what he described as an enabling atmosphere for funding within the sector.
According to him, the second summit will deal with creating funding pipelines and exploring revolutionary financing mechanisms, together with blue bonds, to draw capital into the sector.
“With the feedback we have got so far, more than $600 million of investment capital will enter the blue economy sector through our modest efforts,” Igwe added.
Also talking, Senior Consultant at Gadfly Consulting Limited, Mr Philemon Oghenedoro Adjekuko, known as for stronger collaboration amongst related authorities companies and personal sector operators to help Nigeria’s ambition of constructing a $1 trillion economic system by 2030.
He mentioned the blue economic system may contribute considerably to the nation’s financial enlargement if stakeholders moved past discussions to coordinated motion and funding.
Adjekuko, who mentioned he had spent the previous three months participating stakeholders as a part of a examine on blue finance, expressed optimism in regards to the sector’s capability to drive financial diversification and strengthen the non-oil economic system.
“As someone who has been speaking to stakeholders in the last three months conducting a study on blue finance, our country is ready to witness steady economic transformation of the non-oil sector through blue economy,” he mentioned.
He expressed optimism that the Warri summit would speed up discussions round viable initiatives and translate them into funding agreements able to delivering tangible financial advantages to the Niger Delta and the nation.
The blue economic system broadly covers financial actions linked to oceans, seas, rivers and different water sources, together with fisheries, aquaculture, maritime transportation, shipbuilding, tourism and marine renewable vitality.
