The study investigated the relationships between the poverty level in Nigeria and levels of global and local pirate attacks against ships on one hand; and between the unemployment rate in Nigeria and the level of local and global attack against ships, as well as the volume of cargo pilfered from Nigerian ports, on the other hand. The study employed secondary data sourced from the Nigerian Ports Authority, the National Bureau for Statistics (NBS), and the International Maritime Bureau (IMB) on the poverty rate, unemployment rate, levels of pirate attacks against ships in local and global waters, and volume of cargo pilferages in ports. The multiple regression analysis method was used to analyze the dataset obtained, using poverty rate and unemployment rate as the dependent variables in each case. It was found that poverty among dwellers is a component driver of maritime piracy and sea robbery against ships trading in Nigeria, since there is a significant relationship between the level of maritime insecurity and the rate of poverty in Nigeria. The study also found that there is a significant relationship between the level of maritime piracy/sea robbery and the unemployment rate in Nigeria.
Highlights
Maritime insecurity in Nigeria waterways
Pirate attacks against ships trading in Nigeria waters is linked to unrest in the Niger Delta region of Nigeria
Maritime piracy in Nigeria waters is correlated with Poverty, unemployment, economic hardship in Nigeria
Significant relationship exist between maritime insecurity and poverty rate in Nigeria