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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.


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