‘How Nigeria, others can check economic loss from insecurity - News Summed Up

‘How Nigeria, others can check economic loss from insecurity


Stakeholders, who spoke at the Maritime Virtual Breakfast Meeting (MVBF) organised by the Nigerian Chamber of Shipping (NCS), said security challenges in the Gulf of Guinea have led to continued economic loss to the region and Nigeria. xIn a communiqué issued after the meeting, the group listed the causes of security threats in the Gulf of Guinea and gave recommendations towards ensuring safer waterways. President of the Nigerian Chamber of Shipping, Andy Isichei, highlighted the importance of shipping trade to national economic growth and development. xHe emphasized that failure to proffer solutions to the security menace in the Gulf of Guinea would lead to continued economic loss to the region and by extension Nigeria. The meeting, which had in attendance, NIMASA, NIWA, the Ship Owners Association of Nigeria (SOAN), the Nigerian Navy and the International Maritime Bureau (IMB), adopted recommendations on addressing the security challenges in the Gulf of Guinea.


Source: The Guardian June 03, 2021 03:15 UTC



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