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Home Economy

Buhari: Nigeria Spent $195m to Fight Piracy in Gulf of Guinea in 2021

Business 360 by Business 360
April 26, 2023
in Economy
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Trade Policy: FG says Nigeria recorded $10.1bn Investment Announcements by June 2021

President Muhammadu Buhari has pledged that Nigeria would continue to deploy resources towards combating piracy in the Gulf of Guinea.

Buhari stated this yesterday in Accra, during the third Extraordinary Session of the Assembly of Heads of State and Government of the Gulf of Guinea Commission (GGC).

The president disclosed that in June 2021, the government launched $195 million worth of boats, vehicles and aircraft to fight piracy in the region through the Deep Blue Project. He identified regular meetings among countries that make up the Gulf of Guinea Commission as a critical route towards peace and security in the region.

Speaking for the last time as Nigeria’s president at the assembly in the Ghanaian capital, Buhari stressed that the theme for the session, “Building a Safe, Secure and Prosperous Gulf of Guinea Region for Sustainable Development,” was apt and significant towards addressing the challenges in the region.

The president stated, “Nigeria continues to deploy significant resources towards tackling piracy in the Gulf of Guinea.“ In June 2021, the government of Nigeria unveiled $195 million worth of boats, vehicles and aircraft to spear-head the country’s fight against piracy in the Gulf of Guinea through the Deep Blue Project.” -THISDAY

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