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Nigeria concerned over oil theft, terror

10 July 2013, 07:20

Lagos - President Goodluck Jonathan raised concern, along with other West African leaders, at widespread oil theft and illegal activities along the Gulf of Guinea.

A document compiled after the recent Economic Community of West African States (ECOWAS) Heads of State Meeting contains the concerns.

In the document titled, "AU’s 2050 Aim Strategy," Nigeria voiced grave concern over increasing cases of oil theft and human trafficking among others.

The regional powerhouse called for fellow member states to tighten security measures to repel such problems.

Nigeria is Africa's top oil producing nation but of late cases of oil theft and other terrorism activities are hampering economic growth.

Meanwhile, the West African leaders expressed concern that the region was widely viewed as a major hub for global crude oil theft, money laundering, illegal arms and drug smuggling, human trafficking, human smuggling, environmental crimes, piracy, armed robbery at and maritime terrorism.

However, as a major source of oil, cocoa, metals and various other natural resources for world markets, the Gulf of Guinea is increasingly seen as a key strategic point and a key source of wealth for the region and Africa in general.

- CAJ News

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