Nigeria, Others Lose $2bn to Pirates’ Attacks Annually, Says Naval Chief

Gulf of Guinea, Kidnap for Ransom, Maritime Security, Piracy, port security, Robbery 1 Minute

By Eromosele Abiodun

The Chief of Naval Staff, Rear Admiral Ibok Ekwe Ibas, has revealed that Nigeria and 15 other countries in the Gulf of Guinea are currently losing a sum of $2 billion to pirate attacks annually.

The Naval Chief’s revelation was coming two months after Nigeria was rated as number one in pirate attacks in the Gulf of Guinea in a report by the International Maritime Bureau (IMB). Ibas also confirmed THISDAY’s exclusive report that Nigeria loses several millions of dollars to illegal fishing and poaching on the nation’s coastal and territorial waters.

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Source: allafrica.com

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Published by Maritime Security News

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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