shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Gulf Of Guinea Accounts For 4.5million Barrels Of Oil Daily – CNS

Gulf Of Guinea Accounts For 4.5million Barrels Of Oil Daily – CNS

by Joshua
May 11, 2022
in Featured, News

The Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Tuesday said that the Gulf of Guinea accounted for about 4.5million barrels of oil produced daily in Africa.

AWWAL GAMBO

Gambo said this at the 10th SECUREX West Africa 2022 International Exhibition which started on May 10 and would end on May 12 at Landmark Centre, Victoria Island, Lagos State.

The CNS said that Nigeria’s maritime environment constituted about 12 per cent of the Gulf of Guinea thus accounting for over 85 per cent of the total seaward trade with the rest of the world.

“This is why the Nigerian Navy, which is the biggest protector of the Nigeria’s maritime environment ,focuses on tackling maritime crimes, protecting critical national infrastructure as well as protecting Nigeria’s ports.

“The economy has about 36 trillion barrels and 182 billion cubic feet of oil and gas reserves with the capacity to produce about 2.4 million barrels and 8 billion cubic feet of oil and gas respectively per day.

“Thus, the maritime industry with associated infrastructure occupies prominent position in the matrix of Nigeria’s vital economic interest as it encompasses activities ranging from shipping, fishing, resource exploration among others,” he said.

Gambo said that there was frequent abuse of the maritime domain through illicit activities of local and foreign collaborators despite the numerous prospects of the maritime environment.

He noted that insecurity within the maritime domain stems largely from non-military causes such as socio-economic agitations, rising population, illeteracy, unemployment in the coastal communities.

“Obviously, the manifestations include: attacks on shipping, sabotage of hydrocarbon infrastructure and maritime resource, theft including diverse forms of illicit trafficking, illegal unreported and unregulated fishing among others.

“These threats constitute challenges to the socio-economic development and portray harmful dimensions for Nigeria’s coast at making its maritime environment a safe haven for local and foreign investors,” the CNS said.

Gambo said that the swift response of the Nigerian Navy to illegal activities at sea had reduced the rate of successful attacks of pirates in Nigeria’s maritime domain.

Read Also:  Over 600 Stranded I-Kiribati Seafarers Repatriated, Some After Two Years

”The Nigerian Navy initiated the anti-piracy operation: ‘Op Tsare Taku’ and the anti-crude oil theft and illegal crude refining operation: ‘Op Dakatar Da Barawo’ to curb insecurity in the nation’s maritime environment.

“Subsequently, there has been a marked decline in piracy in the Gulf of Guinea. For instance, 11 pirates incidence were recorded in 2021 compared to 44 in the year 2020.

“This decline was complimented by the International Maritime Bureau (IMB) piracy reports which also shows that Nigeria has exited its piracy list,” he said.

The CNS appreciated the Nigeria Maritime Administration and Safety Agency (NIMASA), the Economic and Financial Crimes Commission (EFCC), the Nigeria Security and Civil Defence Corps (NSCDC), the Nigeria Customs Service (NCS) and the Nigeria Immigration Services (NIS) ) and the National Drug Law Enforcement Agency (NDLEA).

He said their collaborative efforts had flustered shared vision on accomplishment of maritime security tasks and information sharing, leading to the successful arrest and prosecution of criminal cases.

Gambo said that the support of President Muhammadu Buhari had enabled the Nigerian Navy to renew her fleet with newly acquired ones in recent years.

“However, more ships are still needed to maintain the Nigerian Navy’s continuous presence as required so as to dominate the maritime space,” he said.

shippingposition

Kindly like us on Facebook


Tags: Gulf of GuineaVice Adm. Awwal Gambo

Related Posts

Crew Abandons Container Ship After Fire In Latest Hormuz Attack

July 13, 2026
90 Receive SIFAX Group Long Service Award

Taiwo Afolabi Maritime Conference Holds July 21

July 13, 2026
Police, Customs Deepen Border Security Partnership

Police, Customs Deepen Border Security Partnership

July 11, 2026
War Insurers Advise Shipping Companies To Pause Hormuz Voyages

War Insurers Advise Shipping Companies To Pause Hormuz Voyages

July 11, 2026

Latest News

Crew Abandons Container Ship After Fire In Latest Hormuz Attack

July 13, 2026

Taiwo Afolabi Maritime Conference Holds July 21

Green Tax Must Not Become Another Burden Without Results

MONDAY INTERVIEW:  “I never saw myself as just a salary earner; i saw myself as a stakeholder”— Mr. Rotimi Anifowose 

WHO Warns Global Cancer Cases May Hit 35m By 2050

Six Common Ailments You Can Avoid During Rainy Season

AI Is Ending Shipping’s Copy-And-Paste Era

SHIPTALK: Place Of Refuge   (1)

NNPC Dumps Crude-Backed Loans for Performance-Based Refinery Funding

71 Seafarers Killed, 17 Bulk Carriers Lost In 10 Years, INTERCARGO Report Reveals

WEEKLY GLOBAL MARINE INCIDENTS

DP World Acquires New Container Vessel To Expand India’s Coastal Shipping Network

kindly like our Facebook page

Health

Herbal Remedies: Nutritionist Raises Safety Concerns
Health

Herbal Remedies: Nutritionist Raises Safety Concerns

July 6, 2026

A Nutritionist, Mr Douglas Akuba, has raised concerns over the growing reliance on herbal remedies by many Nigerians, warning indiscriminate...

JUNE SPECIAL FOCUS ON MEN’S HEALTH

JUNE SPECIAL FOCUS ON MEN’S HEALTH

June 29, 2026
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

June 15, 2026
JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

June 8, 2026
Health Benefits And Side Effects Of Bitter Kola

Health Benefits And Side Effects Of Bitter Kola

June 8, 2026
NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

June 1, 2026
It’s The Season Of Corn

It’s The Season Of Corn

June 1, 2026
Ovarian Cancer: Why Nigerian Women Are Dying In Silence

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

WARNING: No Amount Of Sex, Special Diet Can Prevent Prostate Cancer

May 11, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition