Supporting the Development of the Blue Economy Framework in Nigeria

NigeriaTenders notice for Supporting the Development of the Blue Economy Framework in Nigeria. The reference ID of the tender is 114148959 and it is closing on 06 Feb 2025.

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Tender Details

  • Country: Nigeria
  • Summary: Supporting the Development of the Blue Economy Framework in Nigeria
  • NGT Ref No: 114148959
  • Deadline: 06 Feb 2025
  • Competition: ICB
  • Financier: World Bank (WB)
  • Purchaser Ownership: Public
  • Tender Value: Refer Document
  • Notice Type: Tender
  • Document Ref. No.: 0002013589
  • Purchaser's Detail :
  • Purchaser : WORLD BANK(WB)
    NG - Nigeria

  • Description :
  • A new Federal Ministry of Marineand Blue Economy (MOMBE) in Nigeria is currently developingits structure and formulating its vision. TheGovernment of Nigeria considers the ‘blue economy- as a tool to boost jobcreation and economic growth. The new Ministry has the mandate toinstitutionalize Blue Economy as an important pillar for economic sustenanceand growth diversification having due regards to the ecosystem. Its vision isto position Nigeria as a premier maritime nation by utilizing the potentials ofits blue economy to diversify revenue, assure sustainable development, andcultivate environmental stewardship. But increasingpressures on the coastal and marine ecosystems and challenges with thesustainable use of natural resources affect Nigeria-s BE potential. Coastaleconomic activities are exposed to increasing risks of pollution, erosion,fluvial and coastal flooding caused by rapid urbanization, oil spillage, wasteand plastic waste management practices, mangrove depletion, sediment trappingby port/upstream dams, and more recently climate change/variability drivensea-level rise and intense precipitation. It is estimated that coastaldegradation (urban floods, erosion, and pollution) in three states Cross River,Delta, and Lagos in 2018, cost society US$9.7 billion, or 2.4 percent of GDP. Toaddress these challenges, the Government of Nigeria needs to address fragmentedpolicies and budget planning and the limited intersectoral cooperation acrossblue sectors (e.g between federal, state, and local levels). There areopportunities to support the development of institutional frameworks for a newMinistry and to strengthen vertical (national/states/community) and horizontal(intersectoral) coordination. It is also important to improve integratedmanagement of natural resources at the community level and strengthen selectedsectors focusing on promoting local economy, investments in key blue sectoractivities to foster a climate-resilient BE and protect the ecological integrityof th...
  • Documents :
  •  Tender Notice

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