A rising tide of piracy in the Gulf of Guinea is threatening peace and development in West Africa.

According to one study, up to $2 billion a year is lost due to attacks on oil tankers operating in the region.

On Monday, the UN Security Council debated the issue of piracy in the Gulf of Guinea, the name given to the north-eastern part of the Atlantic Ocean which stretches from Liberia to Gabon.

Dianne Penn reports.

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