The Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dakuku Peterside has said that piracy and other maritime crimes have reduced drastically in the nation’s maritime domain, making it safer for investment.

Peterside, who disclosed this in a statement over the agency’s budget before the Senate Committee on Maritime Transport in Abuja, noted that efforts being put in place by the Federal Government to tackle maritime crimes were now yielding results.

He added that NIMASA would continue to step up efforts to ensure that Nigerians benefit from the enormous potentials in the sector.

The DG also said that the recent rating by the International Maritime Bureau has shown that the Nigerian waters are now safer and had further boosted investors’ confidence in the Nigerian maritime sector locally and globally. He noted that all these had been achieved through collaborations driven by NIMASA working with other relevant agencies of government.