OrderPaperToday- The Speaker of the House of Representatives, Yakubu Dogara, has reiterated the commitment of the House to the passage of the anti-piracy bill.
To achieve this objective, Dogara expressed willingness to collaborate with the executive to make laws that will put an end to piracy and theft of natural resources.
He made the commitment while speaking to a delegation of Nigerian Maritime Administration and Safety Agency (NIMASA) who paid a courtesy call to him at his office.
He also blamed the trend of businesses moving to neighboring countries on the unfavorable business environment.
Dogara said, “As a country of perhaps one hundred and eighty people, we cannot afford to be losing businesses. You know, most of the ills that we face in society today are related to poverty, unemployment, underemployment; that’s those even employed but not earning living wages. So it causes a lot of problems for us and by the time we don’t sanitise our business environment, it leads to a situation where companies run from jurisdictions that have stricter laws governing businesses and business environment is not made conducive to areas where the laws are better, there is security and all the incentives for business are there. As a matter of fact, we have lost quite a number of companies that were operating in Nigeria to our sister countries within the West Coast and that is what we must address if we hope to give hope to the teeming populace.
“The Gulf of Aden used to be the flashpoint of Piracy but that has been mitigated to a point that one-third of cases of piracy now happens in the Gulf of Guinea, which is a big challenge for us as it affects not only business, but even our reputation as a nation. And so, we must do everything to ensure that when people go to supermarkets and other markets to buy things, they shouldn’t be affected by the inefficiency generated by our inability to generate the capacity to tackle those inefficiencies which leads to issues like piracy and because of the issue of piracy, for instance, insurance companies will be increasing insurance and this cost, as you have rightly pointed out, will be transferred to the consumers, who are our constituents.”