Only radical changes in development and business would create a sustainable world, with countries like Nigeria leading the way towards an international sustainable maritime economy, was the key message of LADOL Managing Director, Dr. Amy Jadesimi, on the sidelines of the ‘Blue Economy and Maritime Industry’ roundtable, at the Commonwealth Business Forum.
Despite a worldwide agreement that there was a need to move to a more prosperous and sustainable world, high growth low-income countries, such as Nigeria, are able to make now the radical changes to achieve this goal, through their strong business and social incentives, in contrast with the low growth, high-income countries which are only able to make incremental changes, inadequate towards this goal, according to Dr. Jadesimi as quoted by local media.
The development of LADOL, Lagos Deep Offshore Logistic Base, she added, is an example of how the first kind of countries can emphasize on sustainability as a business opportunity: LADOL has built the largest shipyard in West Africa and the only fully integrated logistics base.
On this context, Dr. Jadesimi advised, the private sector in Nigeria should seize the opportunity to construct infrastructure that would benefit both local investors and the global economy.
