Nigerian govt loses $6bn freight cost yearly to piracy

Capt. John

The federal Nigerian government is losing $6bn on freight cost yearly to piracy in Nigerian waters, claimed the Secretary to the Government of the Federation (SGF), Boss Mustapha. Speaking in Lagos during the 2018 World Maritime Day celebration, Mustapha said that the federal government planned to invest in maritime security and local capacity development to…

The post Nigerian govt loses $6bn freight cost yearly to piracy appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/insurance-marine-news/nigerian-govt-loses-6bn-freight-cost-yearly-to-piracy/

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