Piracy in the Gulf of Guinea costs regional countriesan annual 2 billion U. S. dollars, posing an increasing threat in the oil-rich region inWest Africa, according to an expert of the Yaounde-II University in Cameroon.
“Maritime piracy has already caused reduced visits to the ports in the zone,” said Prof.Joseph Vincent Ntuda Ebode.
He was speaking on Monday at an international symposium held in the Camerooniancapital Yaounde in the run-up to a Central and West African summit to discussmaritime safety and security in the Gulf of Guinea.
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