Imperatives Of Nigeria’s Leadership In The Gulf Of Guinea By Chiagozie Udeh And Oseloka H. Obaze


The Gulf of Guinea (GoG) is unarguably one of the most dangerous maritime spaces in the world as it now attracts war insurance premium. Threatened by increased piracy, illegal fishing, resource theft and general insecurity, the GoG is analogous to a large swathe of honey in a thorn cluster.

Strategic and lucrative but highly dreaded maritime corridor, the region produces 3 million liters of crude oil daily with 40 percent destined for Europe and the U.S receiving about 30 percent. The recent discovery of offshore hydrocarbon deposits in the region has enhanced its status as a geostrategic region in the world. According to the International Maritime Bureau (IMB), 53 piracy attacks or attempted attacks were recorded in the Gulf of Guinea in 2016 representing 28%…

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