The United Nations Office on Drugs and Crime says the estimated economic cost of piracy to Nigeria and other West African countries between 2015 and 2017 stands at $2.3bn.
It stated that within the period under review, the sub-region lost about $777.1m to piracy on an annual basis, which it said was in addition to human costs as the Gulf of Guinea experienced an escalation of piracy, kidnapping and armed robbery at sea incidents in recent years.
I entered the maritime security world in 2009, becoming Intelligence Officer for Neptune Maritime Security (now the NeptuneP2P Group). In 2012, became piracy editor for SomaliaReport.com and in 2013 became editor of MarsecReview.com and intelligence consultant for CSO Alliance, which I left in 2019. I currently work with another UK maritime security firm as a consultant and have an interest in a cyber security concern in the UK. Need a maritime security report, article or advice on maritime cyber security? contact me at: marsecnews@gmail.com
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