While Nigeria has for several years been a hotspot for piracy incidents, the International Chamber of Commerce International Maritime Bureau’s recent report is encouraging. It indicates that in the first quarter of 2019, Nigeria experienced a decrease in reported piracy incidents in comparison to the first quarter of 2018. These results, according to the report “confirm the Nigerian Navy’s increased efforts to ‘actively respond to reported incidents by dispatching patrol boats’”.
To say the least, this spate of attacks is worrisome as it has given Nigeria and other countries in the Gulf of Guinea a very negative image in the comity of maritime nations. It has also led to the high cost of freight as ship owners and crew members often demand for high insurance premium before embarking on any voyage to Nigeria. For most of last year, according to the EOS Risk Group, there were dozens of Nigerian pirate attacks on merchant and fishing vessels in the Gulf of Guinea.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ooni Urges Unity Of Yorubas To Curb InsecurityThe Ooni of Ife, Oba Adeyeye Ogunwusi has called on the Yoruba people to be united in the face of the prevailing insecurity in the country. The monarch who decried the renewed killings by some bandits in the Southwest and other parts of Nigeria urged the people to keep praying for peace of the country. […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Olakunrin: Tinubu Tasks Governments On Concrete Measures To Curb InsecurityThe All Progressives Congress National Leader, Asiwaju Bola Tinubu, on Sunday urged governments and Nigerians to work together and take concrete steps to make sure that attacks by gunmen do not continue to occur against the innocent members of the society. Tinubu in a condolence letter to Pa. Reuben Fasoranti, the Afenifere Leader, over the […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
India Offers Nigeria $100m Loan for Rural Internet - THISDAYLIVENigeria’s aspiration for universal internet coverage has received a boost with the materialisation of a $100 million loan from the Government of India. The facility arranged by the EXIM Bank of India is the result of a close collaboration between the India High Commission in Nigeria and the Federal Ministry of Communications. The deal was …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Army Announces Redeployment of Senior Officers - THISDAYLIVEGen Adeosun now chief of policy & plans, Maj.-Gen Biu becomes substantive GOC 7 Div The Chief of Army Staff, Lt.-Gen Tukur Buratai has approved new postings and appointments for officers of the Nigerian Army. A statement by Col. Sagir Musa, Acting Director, Army Public Relations, on Sunday in Abuja, said the new postings were …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
FRSC to Arrest, Prosecute Owners of Unregistered Vehicles in Ekiti State - THISDAYLIVEVictor Ogunje in Ado Ekiti The Federal Road Safety Commission (FRSC) has given owners of unregistered vehicles up to August 1 to get them registered to avoid arrests and prosecutions. The FRSC’s Sector Commander in Ekiti Statw, Mrs Faustina Alegbe, gave the threat on Saturday during a stakeholders’ meeting in Ado-Ekiti also explained that the exercise was meant …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Inflation Drops to 11.22% - THISDAYLIVEBy James Emejo The Consumer Price Index (CPI), which measures inflation, declined to 11.22 per cent year-on-year in June compared to 11.40 per cen in May, according to the National Bureau of Statistics (NBS). Food inflation also reduced to 13.56 per cent in June compared to 13.79 per cent in the preceding month. According to …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »