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Nigeria lost $2.8bn to piracy,UN report

The United Nations Secretary General's office launched the 'Activities of the United Nations Office for West Africa and the Sahel' report, focusing on Nigeria loosing approximately $2.8 billion during 2018, as a result of crude oil and maritime crimes. Maritime crime, including piracy, dominated in the coast of West Africa and posed a big threat to peace and development in the region.

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Foreign powers help reduce piracy in Somalia

According to BBC's Anne Soy, foreign navy powers have played a crucial role in handling piracy off Somalia's coast. Somali territorial waters saw a rise in smuggling, illegal fishing by foreign trawlers, illegal dumping and later piracy. But 10 years ago, the European Union, Nato and others began to deploy naval forces to the region shortly after the UN Security Council allowed warships to enter Somali territorial waters. Pirate attacks have now all but stopped, after reaching a peak in 2011.

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