RIVER PIRACY
MARCH 5 2009 16:27h
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Nigeria`s coastal waters are home to one of the world's highest incidence of piracy, second only to Somalia.
"The gunmen robbed their victims and abandoned the boats," Inoma-Abbey said.
Nigeria's coastal waters are home to one of the world's highest incidence of piracy, second only to Somalia.
Insecurity in the region has cut Nigeria's oil output by around a fifth and has led foreign companies in sectors from construction to telecommunications, as well as the oil industry, to reconsider investments and reduce expatriate staffing.
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