For several years, the Gulf of Guinea region, which houses Nigeria and other West African countries, was notorious as the world’s piracy hotspot due to incessant attacks on oceangoing vessels
Every year, Nigerian ship operators spend an estimated N36 billion due to lack of dry-docking facilities, as it costs between $300,000 and $500,000 to dry-dock a vessel in the international market.
Yet, 31 months ago, the Nigerian Maritime Administration and Safety Agency (NIMASA) acquired a N50-
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