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Sea Piracy Threatens Nigeria’s N2trn Freight Earnings

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Nigeria runs the risk of losing a substantial part of its $6 billion (N2.16trn) annual freight income to insecurity in the nation’s maritime sector, LEADERSHIP reports. Nigeria earns over $6 billion annually from freight charges but may not be able to retain the money in the economy due to piracy, sea-robbery and other maritime crimes […]

 

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