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    Piracy is killing fishing industry
    in Nigeria–trawler owners

    LAGOSNigeria’s coastal fishing industry is facing extinction because piracy in the country’s waters is costing lives and money.

    Africa’s most populous nation could also face a shortage of fish at a time when a global food crisis is causing social unrest in some countries, Margaret Orakwusi, a vice president of the Nigerian Trawler Owners Association, said late Wednesday in the capital, Abuja.

    The number of registered trawlers in Nigeria has dropped to 170 from 250 four years ago, and those still in business may be forced to close with the loss of 50,000 direct jobs and another 250,000 in associated businesses, Orakwusi told delegates to a conference on piracy.

    From 40 fishing companies about five years ago, “we now have only 19 still remaining because many have relocated” to neighboring African countries, she said. “If allowed to continue, piracy will lead to the collapse of the fishing industry.”

    Trawlers fishing along the country’s 853-kilometer coastline have lost 15 billion naira ($127.3 million) since 2003 as a result of attacks by pirates, Orakwusi said.

    Members of the association withdrew their trawlers from Nigerian waters for 36 days at the beginning of the year to protest an increase in attacks by pirates and to demand protection from the navy.

    Piracy is on the rise in Nigeria, Africa’s biggest oil producer, as militant groups in the Niger Delta region intensify their demands for a greater share of the area’s oil revenue. Apart from attacking oil facilities, they often kidnap oil workers for ransom.

    As many as 12 attacks on ships were reported in the first quarter, compared with 42 during the whole of last year, Pottengal Mukundan, a director of the London-based International Maritime Bureau, said in Abuja Tuesday.

    Among coastal nations, Nigeria and Somalia recorded the biggest increase during the year, the United Nations’ International Maritime Organization said in a report on April 18. (Bloomberg)

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    Piracy is killing fishing industry in Nigeria–trawler owners

    LAGOSNigeria’s coastal fishing industry is facing extinction because piracy in the country’s waters is costing lives and money.

    read more