LEGAL-ECONOMIC IMPLICATIONS OF MARITIME INSECURITY IN THE GULF OF GUINEA: THE ROLE OF INTERNATIONAL COMMUNITIES

Abstract

Abstract
This article examined the legal-economic implications of maritime insecurity in the Gulf of Guinea and the
role of international communities in combating same. The Gulf of Guinea in recent years, has become one
of the most dangerous maritime areas in the world. Maritime insecurity is a major regional problem that
is compromising the development of this strategic economic area and threatening maritime trade in the
short term and the stability of coastal states in the long term. Active engagement in international forums,
regional organizations and effective collaboration with other countries will no doubt strengthen coastal
states position in addressing maritime insecurity as well as other global challenges. Countries around the
Gulf of Guinea therefore need to come together and form a united and formidable force if they must defeat
this cankerworm (piracy) that has eaten up the economic fortune the area is blessed with. This article
adopted the doctrinal research methodology. It relied on both primary and secondary sources of gathering
information. In conclusion, the paper recommended that an adoption of a comprehensive and strategic
approach to combatting piracy, terrorism, organized crime, and other transnational challenges around the
Gulf of Guinea should be the only way forward.
Keywords: Sovereignty; Insecurity; Regional Cooperation; piracy; State; Maritime; Gulf of Guinea;
International Cooperation.