Summary
The Gulf of Guinea is staring at a precipice of regional maritime insecurity. The continuing economic, social and political impact is pronounced and will continue unless there is focused investment in both manpower and resources by more capable outside nations or organisations. The loss of $2 billion US to the local annual economy - from offshore oil, fishing, and commercial shipping - is too large a price to pay for a region which is spasmodically emerging from decades of civil war and anarchy.
The region produces 5.4 million barrels of oil per day, and it contains 50.4 billion barrels of proven reserves. Nigeria now supplies 10% of US imported oil and is the world’s eighth largest oil exporter. Events in Afghanistan and Somalia illustrate the dangers that come from the nexus between organised crime, terrorism and failed/failing states. While many look to Africa for an African solution to retake control of their seas, they can’t achieve this without timely Western assistance.
Our collective inactivity is the product of a paucity of constabulary platforms and hamstrung political will which fractures any hope of a comprehensive approach to the problem. So perhaps if we were to learn a lesson or two from Somalia and Afghanistan rather than just identify them, shouldn’t our militaries provide a gentle hand on the tiller and guide the people of the Gulf of Guinea towards a more secure and stable future?
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