October 01 2019
Piracy is costing Nigeria and the 15 other states bordering the Gulf of Guinea around US$2 billion annually, reports by This Day (Lagos), citing the head of the Nigerian navy.
Rear Adm. Ibok Ekwe Ibas also noted that his service also faces challenges from illegal fishing; sabotage of oil and gas resources; and marine resource theft.
Illegal and unreported fishing by foreign vessels costs Nigeria an estimated US$600 million per year, noted the newspaper. Nigeria lacks sufficient...
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