A examine by the Steady Seas Analysis Institute discovered that pirate teams, largely within the Niger Delta, can earn as a lot as $5 million per 12 months via theft and hostage-taking.
It stated that conservative estimates put the price of piracy to coastal states at $1.925 billion a 12 months, together with via misplaced employment.
The report comes because the UN Safety Council on Tuesday urged better motion to cease piracy within the Gulf of Guinea, which has turn into by far the world’s riskiest waters for maritime kidnappings.
A Safety Council decision — permitted unanimously regardless of excessive tensions between veto-wielding Russia and the West — stated it “strongly condemns” the spike of piracy within the West African waters.
The Council “urges member states within the area of the Gulf of Guinea to take immediate motion, at nationwide and regional ranges, with the assist of the worldwide neighborhood, when requested by the state involved.”
It known as on all nations within the area to develop their very own plans and to criminalize piracy in home legal guidelines.
In accordance with a UN report, 27 of the world’s 28 recorded kidnappings at sea in 2020 passed off within the Gulf of Guinea.
Stretching for five,700 kilometers (3,500 miles) from Senegal to Angola, the Gulf of Guinea is wealthy in hydrocarbons and fisheries and borders some 20 nations, together with ones with restricted naval and coast guard capacities.
The decision was co-sponsored by Ghana and Norway, which each stated that piracy posed worldwide dangers.
Harold Agyeman, Ghana’s ambassador to the United Nations, stated that piracy constituted “one of many foremost safety considerations on the African continent.”
Piracy “dangers compounding multifaceted challenges going through the area together with a surge in terrorism, a return of coup d’etats, a deepening of local weather change in addition to the worsening affect of the Covid-19 pandemic.”