Risk Intelligence publishes maritime security forecast for Nigeria in 2017

Attacks against merchant vessels off Nigeria will remain a problem for ship operators in 2017. Risk Intelligence's maritime security forecast for the country underlines this and several other significant trends for this year. Moreover, the forecast identifies seven types of potential security incidents with varying threat levels. Nigerian president Muhammadu Buhari has gained some respect for his efforts to tackle corruption but his government has so far failed to diversify the economy. Militancy in the Niger Delta throughout 2016 has increased problems even further and underlined that security and economic challenges are closely related. For maritime operators, developments since early 2016 hold a mixed picture. Crude oil exports were down while imports of refined products increased due to lower output from domestic refineries. Overall, imports decreased due to the falling exchange rate but exports, particularly of agricultural goods, are likely to increase and bulk carrier operators are the most likely beneficiaries. The Risk Intelligence maritime security forecast for Nigeria in 2017 has been published in January to users of the Risk Intelligence System (MaRisk+PortRisk), but can now be downloaded for free. Risk Intelligence offers a broad range of services for maritime operators in West Africa. Our subscription-based services MaRisk and PortRisk provide a detailed overview over maritime security incidents in the region as well as threat assessments for countries, ports and cities. PortRisk currently covers almost 40 ports and offshore facilities in the region. Furthermore, RiskIntelligence offers detailed reports on specific issues such as the use of private maritime security companies in West Africa and provides bespoke threat and environment assessments for maritime operators in the region. Please contact Risk Intelligence regarding further services and reports.