Tag Archive for: Japan Grants Nigeria N910m for Speed Boats

Japan Grants Nigeria N910m for Speed Boats

The quest to make the maritime industry and trade in Nigeria safer continues to receive International support. According to the latest news reports the government of Japan has promised a ¥300 million (about N910m) grant to the federal government to procure high-speed boats to assist with protecting the Gulf of Guinea from piracy.

Speaking at the signing ceremony of the exchange of notes for the economic and social development program in Abuja, the Ambassador of Japan to Nigeria, Matsunaga Kazuyoshi, noted that the security of the region is important to deepen the $1bn annual trade relationship between Nigeria and Japan, adding that the route serves as a facilitator of goods traded between the two countries.

“The security of the Gulf of Guinea is of vital importance not only to Japan and Nigeria but to the whole of West Africa. The cooperation between our two countries will serve as a good example to support the self-sustaining economic and social development of African countries,” he said.

The Director-General of NIMASA, Dr. Bashir Jamoh, said the high-speed boats would help to reinforce coastal security in the Gulf as over 60 percent of shipping activities in Africa pass through Nigerian waters.

Read the full story here.

Arete recently reported that Nigerian Maritime Administration and Safety Agency (NIMASA) had received two unmanned aircraft systems, nine interceptor patrol boats, and ten armored vehicles to enhance maritime security in the country as part of the Deep Blue project. Read more about it here.