Gulf of Guinea states lose $2.3bn to maritime crime in two yearsChristian Fernsby ▼ | February 25, 2020
The littoral states in the Gulf of Guinea Region, that is West Africa and its trading partners lost about $2.3 billion to Maritime Crimes between 2016 and 2018, the Director General of the Nigerian Institute of Advanced Legal Studies (NIALS), Prof. Mohammed Tawfiq Ladan has said.
Nigeria maritime Nigeria ship
Topics: Gulf maritime
He said the countries lost about $777 million between 2015 and 2018 annually, in addition to human cost as the Gulf of Guinea experienced an escalation of privacy, kidnapping and armed robbery at sea incidents in 2018 and 2019. ■