General
Gulf of Guinea Records Lowest Piracy Incidents in 28 Years
By Adedapo Adesanya
The International Maritime Bureau (IMB) has disclosed that the Gulf of Guinea, once a notorious hub for sea piracy, has recorded the lowest number of reported incidents for the first half of the year since 1994.
The bureau disclosed this in its half-year report of 2022 which coincided with the reduction in piracy around the globe, which it notes is evidence of its efforts in raising awareness to make the waters safe globally.
In a statement signed by Mr Edward Osagie, Assistant Director, Public Relations, Nigerian Maritime Administration and Safety Agency (NIMASA), the IMB also expressed optimism that it was a new dawn for the shipping community globally.
The Gulf of Guinea Declaration (GoG) on Suppression of Piracy has confirmed that there has not been any case of Seafarers kidnap one year after the May 2021 declaration.
This is considered commendable progress in comparison to the 2020 statistics when 130 seafarers were kidnapped.
In the report, IMB Director, Mr Michael Howlett, also confirmed that no case of vessel hijack took place on Nigerian waters in the first half of 2022.
“The ICC and International Maritime Bureau (IMB) have confirmed that the first half of 2022 witnessed the least cases of piracy globally in 28 years with only 58 reported cases as compared to 68 within the same period in 2021.
“Of the 58 incidents, two were classified as piracy attacks in the Gulf of Guinea, with none of them occurring in Nigerian waters. While the reduction in reported incidents is indeed encouraging, the IMB PRC continues to caution against complacency,” he said.
Mr Howlett said that not only was this good news for the seafarers and the shipping industry, it was positive news for trade which promotes economic growth but the areas of risk shift and the shipping community must remain vigilant.
“We encourage governments and responding authorities to continue their patrols which create a deterrent effect,” he said.
The status report from the GoG declaration also confirmed that there had not been any case of kidnap for ransom in 2022, as against 20 cases in 2020 and 12 in 2021.
Responding to the report, the Director-General of NIMASA, Mr Bashir Jamoh, said that Nigeria was committed to sustaining the momentum of the success recorded in recent times in the fight against piracy in the region.
“It is heart-warming that the international maritime community is acknowledging the progress made so far. It is a direct result of collaboration amongst national, regional and non-regional stakeholders.
“It is our hope that this trend will be sustained and very soon, we will start reaping the benefits such as a change of status concerning the Insurance premium paid on Nigerian bound cargoes; the War Riskpremium being paid at the moment.
“We hope this status will change very soon,” he said.
Mr Jamoh said that the Baltic and International Maritime Council, (BIMCO), the world’s largest direct-membership organisation for ship-owners, charterers, shipbrokers, and agents called for the effective and full deployment of Deep Blue Assets on Anti-piracy tasking.
“Key to the successes in the war against piracy are efforts of the Nigerian Navy in clamping down on pirates camps, the Deep Blue project C4i coastal surveillance and collaboration with international Navies for law enforcement off Nigerian waters.
“Others are the series of meetings under the umbrella of the Gulf of Guinea maritime coordination Forum, Shared Awareness and DEconfliction, GoG/SHADE,” Mr Jamoh quoted BIMCO as saying.
By Adedapo Adesanya
The Economic and Financial Crimes Commission (EFCC) has dismissed reports linking the Comptroller General of the Nigeria Immigration Service (NIS), Mrs Kemi Nandap, to an ongoing investigation into alleged visa racketeering involving some immigration officers.
The anti-graft agency said Mrs Nandap was not under investigation and had no connection whatsoever with the cases currently being handled by the commission.
The clarification was contained in a statement posted on the EFCC’s official X handle, noting that the clarification became necessary to address media reports and insinuations suggesting that the NIS Comptroller General was being investigated over the alleged visa fraud.
“The commission wishes to state unequivocally that it has no case with the Immigration CG,” the EFCC said.
However, the agency confirmed that it’s prosecuting some immigration officers over alleged visa fraud, adding that investigations remain ongoing.
“There are subsisting cases of alleged visa fraud against some immigration officers at the Federal High Court. Further investigations are ongoing with the possibility that more NIS officers could be arraigned for alleged fraudulent practices in the near future,” the statement read.
The EFCC stressed that despite the ongoing investigations and court cases involving some officers of the Nigeria Immigration Service, the Comptroller General was not linked to the matter.
“However, the Immigration CG is not remotely connected to these investigations,” the organisation stated.
The anti-corruption agency also urged journalists and media organisations to verify information relating to its activities before publication to prevent the dissemination of inaccurate reports, appealing to the media “to always seek clarifications on the activities of the EFCC to avoid misrepresentation of facts.”
By Adedapo Adesanya
Justice Inyang Ekwo of the Federal High Court, Abuja, has granted bail to the former Managing Director of the Warri Refining and Petrochemical Company Limited, Mr Jimoh Yisawu, in the sum of N500 million.
Mr Yisawu is standing trial on an eight-count charge bordering on alleged money laundering.
He pleaded not guilty to all eight counts after they were read to him. The charge, dated and filed on June 22, 2026, was brought by the Federal Government.
The prosecution, led by Mr Ekele Iheanacho, a Senior Advocate of Nigeria (SAN), told the court that the defendant allegedly committed offences contrary to the Money Laundering (Prevention and Prohibition) Act, 2022.
In the first count, the Federal Government alleged that Mr Yisawu “indirectly converted the aggregate sum of over $789,950… being proceeds of unlawful activity”, contrary to Section 18(2)(b) and punishable under Section 18(3) of the Act.
In the second count, the prosecution alleged that he made cash payments exceeding $789,950 to one Samaila Bala without using a financial institution, contrary to the provisions of the anti-money laundering law.
In the fourth count, the government further alleged that Yisawu made cash payments totalling $122,600 through one Rasheed Olaitan Yusuf outside the banking system and due process, in violation of the anti-money laundering law.
Following the defendant’s plea, Iheanacho applied for a trial date.
Counsel for the defendant, Wale Balogun (SAN), informed the court that he had filed a bail application.
Responding, Mr Iheanacho said the prosecution had filed a counter-affidavit opposing the application and urged the court to refuse bail.
Balogun, however, argued that the prosecution had earlier granted Mr Yisawu administrative bail and had already seized his international passport. He urged the court to maintain the existing bail terms.
After adopting their respective processes, both counsel argued for their applications.
In a ruling, Justice Ekwo held that the defendant was entitled to bail.
The judge said, “Going by Section 162 of the Administration of Criminal Justice Act (2015)… I therefore grant bail in the sum of ₦500m with one surety in like sum.”
Justice Ekwo ordered that the surety must be a responsible Nigerian with landed property in Abuja and must submit proof of ownership to the court registrar.
The judge also directed the defendant to deposit his international passport with the court and barred him from travelling outside Nigeria without the court’s permission.
Pending the perfection of the bail conditions, the court ordered that Mr Yisawu should remain in the custody of the prosecution.
The case was adjourned until October 25, 26, and 27, 2026, for trial.
By Adedapo Adesanya
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the federal government to review the fuel import licences recently issued to some marketers, saying the policy is driving up fuel prices, putting pressure on foreign exchange and creating instability in the downstream petroleum sector.
Speaking in Abuja, IPMAN’s National Publicity Secretary, Mr Chinedu Ukadike, said the current import regime has not achieved its goal of making fuel more affordable. Instead, he argued that it has encouraged the importation of more expensive petrol while increasing the country’s dependence on foreign exchange.
According to Mr Ukadike, some importers plan to sell Premium Motor Spirit (PMS), also known as petrol, for about N1,350 per litre, which is higher than the ex-depot price offered by the Dangote Petroleum Refinery.
The IPMAN official questioned the need to import fuel at higher prices when locally refined products are available at lower costs, noting that the situation has made it difficult for independent marketers to plan their businesses because import costs continue to fluctuate.
Mr Ukadike also raised concerns about the quality of some imported fuel and called on regulators to ensure that only products that meet Nigeria’s standards are allowed into the country.
The association warned that continued fuel imports also increase demand for the US Dollar since importers pay for products in foreign currency. This, the association said, puts additional pressure on the naira and contributes to higher fuel prices.
The association stressed that Nigeria should focus on supporting local refining to improve energy security and reduce reliance on imported petroleum products.
It noted that the Dangote Petroleum Refinery has helped maintain steady fuel supply despite global disruptions, including tensions in the Middle East.
According to IPMAN, greater use of locally refined fuel would reduce FX demand, strengthen the refining industry, create jobs and improve economic stability. It also said producing enough fuel for local consumption while exporting excess output would help Nigeria earn more foreign exchange.
The association called on the federal government, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company (NNPC) Limited and the Presidential Committee on downstream reforms to engage stakeholders and adopt policies that support domestic refining.
IPMAN said strengthening local refining remains the best long-term solution for affordable fuel, stable supply and improved energy security in Nigeria.
