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.
To continue reading, please click here.
Source: allafrica.com





