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Investor Presentaiton

Rising insecurity with no particular attention to maritime safety resulting in a decline in business operations. There is still an urgent need to improve the security of this Industry. Piracy in Nigeria is due to the high level of corruption in the country. Piracy, sea-robbery and illegal bunkering are still in existence up till this moment. Even when there is an increase of military intervention, there are still some loopholes in the system. ► In an attempt to increase the safety, Nigerian Maritime Administration and Safety Agency (NIMASA) encouraged the Nigerian Air force to provide air tactical support for sea-based operations against illicit operations of ships (dj-univ). BACKGROUND TO CURRENT ECONOMIC/SOCIAL CLIMATE (2015-2022 IN REVIEW). XCELLON CAPITAL ADVISORS PEOPLE + IDEAS + SOLUTIONS 15 © 2023, Xcellon Capital
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