Given that the blue economy is centered on trade and actions around large bodies of water ranging from rivers to oceans, Chiemelie Ezeobi reports that the recently commemorated 2021 World Hydrography Day provided ample opportunity to highlight the import of hydrography to the project and the Nigerian Navy’s role in actualising it
The blue or marine economy is the ecosystem of economic activities centred on trade and actions around large bodies of water ranging from rivers to oceans. When this is managed effectively, it yields better dividends given that over 90 per cent of the world’s trade is conducted by the sea, and this is by far, the most cost-effective way to move large quantity of goods and raw materials around the world.
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