Nigeria loses $1.5bn to piracy monthly, says Dogara

Yakubu Dogara, speaker of the house of representatives, says Nigeria loses an estimated sum of $1.5 billion to piracy monthly.
Dogara said this on Monday while opening a public hearing on the bill to amend the maritime operations coordinating board act.
The speaker said according to 2012 reports, the number of vessels attacked in the West African sub-region had reached a world record high.
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