A recent report by the International Chamber of Commerce and International Maritime Bureau rated the Gulf of Guinea the world’s piracy hotspot, and that it accounted for 43 per cent of all piracy incidents in the first three months of 2021.
That concern came to an end on June 10 when President Mohammadu Buhari inaugurated the Integrated Security and Waterways Protection Infrastructure, popularly known as the Deep Blue project. He said since the assets were deployed in mid February, the country had gradually experienced a decline in piracy attacks on its territorial waters.
The Minister of Transportation, Mr Rotimi Amaechi, pointed out that the assets of the Deep Blue project were huge, expensive and very sensitive, which should be run efficiently in a sustainable manner. “Some of the assets have been deployed to the area and we are expecting to see results there and also thinking of deploying the assets to Bonny.
“This is in view of the worldwide decline in fossil fuel requirements due to climate change, and oil sector uncertainty created by the oil revolution in America. And this has consequences for oil dependent Nigerian economy. He believes that the project will facilitate a conducive environment for the maritime sector to thrive and contribute to the diversification of the Nigerian economy.
With the Deep Blue project, the world is now acknowledging Nigeria’s active engagement with global and regional initiatives to end piracy.
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