Page 7 - AfrOil Week 47 2022
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AfrOil                                PIPELINES & TRANSPORT                                            AfrOil



                         Nigerian waters are no stranger to obscure and   Much of the Nigerian Navy still consists of
                         conflictual situations connected to the coun-  old ships, some transferred to Nigeria from the
                         try’s fight against piracy. The Gulf of Guinea has   UK following independence in 1960, and decay-
                         overtaken Somalia to become the world’s piracy   ing petrol boats donated by the Soviet Union
                         hotspot, holding the inglorious record since   during the 1980s.
                         2012. According to the International Marine   While Nigeria, often described as “Africa’s
                         Bureau (IMB), out of the 75 seafarers kidnapped   economic giant,” is rich in natural resources,
                         for ransom globally in 2019, 62 took place in the   many parts of the country – especially the rural
                         Gulf of Guinea, mostly off Nigerian coasts.  areas – suffers from poverty and backwardness.
                           Last year, on November 24, 2021, a Danish   The oil industry has long been accused of pol-
                         Navy sentry ship intercepted a pirate vessel off   luting the Niger River Delta area (from where
                         the Nigerian coast and its soldiers killed four   most pirates come), devastating local farming
                         Nigerian men in the ensuing armed confronta-  and fishing and forcing young men into criminal
                         tion, sparking a legal dilemma and highlighting   activities, which often include piracy.
                         the unsafety of Nigerian waters and the inability   Pirates, often equipped with sophisticated
                         of the Nigerian Navy to monitor their area of   weapons and tools, are looking to steal oil or
                         competence.                          goods from vessels, or take crews hostage to
                           This situation severely hampers the commer-  cash in huge ransoms. Some pirates are believed
                         cial viability of the flourishing Nigerian ports,   to have originated from political backgrounds,
                         and has led some countries – such as Denmark,   namely the Marxist “Movement for the Emanci-
                         the UK and Spain – to step in and dispatch naval   pation of the Niger Delta” (MEND). These “mil-
                         ships to guarantee the safe passage of their own   itant” pirates mainly target oil tankers to retaliate
                         commercial vessels. These foreign military   against oil corporations that have wrecked the
                         crews operate in a legal grey area and with lit-  livelihood of the Niger Delta. However, many
                         tle co-ordination with Nigerian authorities but,   other pirates are reportedly driven more plainly
                         apparently, their tacit approval.    by “banditry and opportunist crime”, according
                           The country passed its first anti-piracy law,   to a study by Prof. Chijioke J Nwalozie of the De
                         the SPOMO Act, in June 2019, in a bid to tackle   Montfort University, Leicester.
                         the increasingly pressing problem. However, no   Maritime transportation is a crucial sector
                         data analysing the scale of success of such laws is   for Nigeria; the Gulf of Guinea is a critical mar-
                         available as of today, and piracy incidents keep   itime route for international shipping, but not
                         being reported in the Gulf of Guinea. The fact   an exclusive one. Vessels heading from Asia to
                         that foreign navies are still regularly deployed in   Europe or America may choose to follow other
                         the gulf suggests that the implementation of the   routes if insecurity persists, depriving Nigeria
                         SPOMO Act has been weak at best.     of substantial revenues deriving from transit or
                           The country has also attempted to co-opt   harbouring fees.
                         some convicted former pirates into its security   Closer co-operation between navies (local
                         service, by appointing General Boyloaf as leader   and foreign) and shipping companies is a pre-
                         of a maritime security outfit in his home state of   requisite for successfully eradicating piracy in
                         Bayelsa in 2014. “The government was having   the Gulf of Guinea. But the problem must first
                         serious security challenges in the creeks. They   be solved at the source, tackling poverty offshore
                         chose me to deal with it, as the creeks are my   in the Niger Delta area by promoting its devel-
                         terrain. I was born in the creeks, I fought against   opment and improving living conditions.
                         the government in the creeks, and I will now use   The SPOMO Act 2019 appears like a step in
                         that knowledge to hunt the pirates,” said Boyloaf,   the right direction, but its recent instrumental
                         speaking after his appointment.      application in prosecuting the Heroic Idun crew,
                           Whether this strategy has eventually paid   the continuous meddling of foreign navies in
                         off is uncertain. Unfortunately, though, there   the Gulf of Guinea as a result of the ill-equipped
                         have been numerous reports of political cor-  Nigerian Navy and the lack of publicly available
                         ruption and even infiltration of ministries by   figures on the law’s implementation still leave
                         criminal organisations devoted to piracy.  many questions unanswered. ™



                                                    INVESTMENT
       Tower Resources to borrow $7mn for Thali






            ANGOLA       THE London-based oil and gas company Tower   that its local subsidiary, Tower Resources Cam-
                         Resources has received approval for a loan from   eroon SA (TRCSA), had secured provisional
                         a Cameroonian bank towards carrying out a   approval from the credit committee of a local
                         project in the Central African country.  Cameroonian bank for a medium-term loan of
                           In a press release, Tower Resources revealed   around $7mn.



       Week 47   24•November•2022               www. NEWSBASE .com                                              P7
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