Impact of Piracy and Sea Robberies on Fishing Business in Nigeria: A Focus on Lagos Coastal Area
Impact of Piracy and Sea Robberies on Fishing Business in Nigeria: A Focus on Lagos Coastal Area

Summary/Abstract: Nigeria as a littoral state with a coastline of slightly above 800 kilometers and located in the Gulf of Guinea (GoG) region puts the government in a position that requires her to deploy resources to combat the menace of piracy and sea robbery. Pirate activities affected not only the maritime transport sector, but the other forms of maritime economic activities. The study revealed that the inability of government to effectively curb activities of these criminals was to some extent influenced by corruption, poverty and inequality in the society. The research confirmed negative effects of piracy on sea businesses, particularly fishing activities, which was the crux of this investigation. The study recommend, amongst others, the Nigerian government should evolve sound resource management and equitable allocative practices to leverage the enormous natural resources and oil affluence to effectively address the cacophony of economic afflictions and legal framework should be revisited, reviewed, reformed and harmonised.

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