Nigeria loses billions of dollars annually to various forms of criminality: Professor Yemi Osinbajo
From the office of the vice president Federal Republic of Nigeria, Professor Yemi Osinbajo Writes
Nigeria loses billions of dollars annually to various forms of criminality particularly piracy and sea robbery, amongst them the vice president who failed to mention political looting, corruption in government high profile personals and mismanagement of found
To him, this necessitated the need to enhance our maritime security architecture, safeguard and flush out all the criminal’s element
He also informed the general public that, the Nigeria Government has deployed the Falcon Eye for maritime security, which will help in degrading piracy and other crimes in the Gulf of Guinea and beyond.
Also, the surveillance facility incorporates various sensors located along the nation’s enormous coastline
The risks in those areas, insurance premiums from commercial vessels have made maritime trade an unattractive proposition.
Our economic aspirations and commitment to international trade recognize that the maritime industry occupies a prominent position in the matrix of our economic interests.
When you take a look between the Deep Blue project and the Falcon Eye, Nigeria will significantly increase its national capabilities in maritime surveillance and criminal interdiction within our territorial waters.
From the office of the vice president Professor Yemi Osinbajo, 13th day of July 2021
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