“An Israeli firm has been contracted by the federal government to provide security on the nation’s territorial waters.”

The Transportation Minister, Hon. Rotimi Amaechi who disclosed this said the firm will train operatives of the Nigerian Navy for three years for them to take over the exercise.

Speaking during a formal ceremony to mark this year’s World Maritime Day that was recently observed globally, Amaechi said the engagement of the firm will save shipping companies $180 million (N55.62 billion) in security fees,

For instance, he disclosed that some of the shipping companies have had to rely on their own security arrangement when their vessels are bringing cargo to the country.

He said that Maersk alone spends about $18 million to escort ships in and out of Nigerian ports.

Amaechi described security as a major challenge globally, particularly in the Gulf of Guinea.

He said, “There have been major concerns and developments to address the issues of Maritime security along the Gulf of Guinea. Various initiatives, actions, programmes and centres/organisation have been developed and established to counter this insecurity. This administration has seen the need for all relevant maritime agencies to synergise to improve efficiency in our ports.”

Source: Shipping Day








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