#PIRATE WATERS FULL#

Sometimes, hostages are only released after heavy ransom has been paid. The ones with sophisticated weapons often seize their victims into unknown space where they ransack and completely take everything from the captives.

Some are heavily armed with sophisticated weapons, while others are mere robbers with minimal weapons. There are varied categories of pirates on the Nigerian waters. The growth of sea piracy can also rub off on other illegal businesses such as human trafficking, smuggling and narcotics, which are all interconnected. This is not only devastating to the growth of the maritime industry in Nigeria it is unacceptably debilitating to our economic advancement as a nation. Virtually all sectors of the economy are affected by piracy. As a result of this appalling situation, it has become more expensive for ships to come into Nigeria, because sailing into the country can be likened to embarking on a voyage to a possible point of no return.The economic implications of piracy are just too many to disdain. The oil and gas industry in Nigeria, perhaps, would have been more developed without piracy, and would have translated to more revenue for the government. It kills business and hampers the growth of the maritime industry. The economic implications of piracy are enormous.

#PIRATE WATERS FULL#

In other words, sea pirates are having a full time on Nigerian sea. In fact, the report indicates that half of all reports of vessels being fired upon come from Nigeria. Disturbingly, in Nigeria, there has been abduction of 31 crew in five reported cases in the first half of 2017 alone. The report further states that 63 crew were taken hostage within the period while 41 were kidnapped from their vessels, three injured and two killed.

In a report by International Chambers of Commerce there were a total of 87 reported cases of piracy in the first half of 2017. This is owing to the fact that while sea piracy seems to be on a decrease globally, it is increasing at a disturbing rate in the Gulf of Guinea. And as a result all vessels are advised to be vigilant and take extra anti-piracy precautions, as many attacks may have gone unreported. According to the International Maritime Bureau, all waters in and off Nigeria remain risky. Nigerian waterways are regarded as some of the most dangerous in the world.

Pirate waters