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A Business Ecosystem’s Model for Harnessing Nigeria’s Ocean Economy

The reassessment of ocean economy contribution of nations has become a new strategy for frontier states adjacent to the coastal region for the improvement of their position in the efficiency frontier curve.The continuity of a coastal state to remain a leader in the production and efficiency frontier curve of modern day development will thus depend on their ability to sustainably develop their most strategic economic resource base such as the ocean economy.The major economic bases include sustainable fishing, offshore oil field developments, offshore biodiversity development and marine biotechn…

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