THE EMERGENCE OF MARITIME PIRACY IN NIGERIA AND THE CHALLENGES IN COMBATTING THE MENACE

Introduction: Maritime insecurity, particularly maritime piracy, has no doubt become a major factor threatening the stability of regional and sub-regional blocs of the world, including Nigeria. Objectives: The study aims to examine the factors responsible for piracy in Nigeria, examining the potential influence of political and economic sabotage as an underlying reason. Additionally, it seeks to identify the challenge in combatting maritime piracy and proposes a solution to address this menace. Methodology: The study employed a desktop resource approach utilising an explanatory research design to analyse the complexity surrounding maritime insecurity. Results and discussions: The study revealed that maritime insecurity, particularly piracy, has significantly threatened Nigerian economic engagement, leading to substantial revenue loss. Also critical is the fact that the country’s image in the international environment has been stained by the daring onslaught of the pirates. Although the Nigerian government has endeavoured in security governance, the maritime piracy issue remains a complex task, further exacerbating the existing dilemma. Research implications: To mitigate the impact of piracy, the study proposes targeted solutions that address both the political and economic factors contributing to maritime insecurity, thereby enhancing surveillance, strengthening law enforcement, fostering regional cooperation, improving governance, and tackling corruption. Originality/value: It directly impacts shipping costs, oil production, and other maritime activities, while also contributing to the cost of humanitarian assistance.