 I am pleased to be here today to commission the very important strategic asset, the Farcon Eye System, and in preparing for this speech, when they are ready for the next meeting. I thought it might be interesting to find out why this system is named after the Falcon, which is a bird. I checked the information on Falcon and the description of the Falcon that I came across, I could hardly believe how accurate the description is in the light of what the Falcon Eye System is. The description is as follows, and I'll read what that is here in a moment. It is, if Falcon is described as a consummate hunter of the avian world, they are able to spot, to chase and kill prey, quietly and efficiently, and human beings have relied on them for many years as effective hunting partners. So this is the whole point of this project, a facility that has the capacity to spot, to chase and enter big maritime criminals, quietly and efficiently, and of course assisting the navies and other agencies to do their work. So the Falcon Eye System is a state-of-the-art surveillance system that incorporates various centers located along the nation's enormous coastline, such as radar, long-range electronic optics systems with thermal or night vision capacity. We're told it has automatic identification system receivers. It has weather stations and marine VHF radios for communication. The integration of the sensors, this is the Falcon Eye System, we're told generates a real-time situational awareness of the activities of vessels in the Nigerian maritime domain and some selected parts of the Gulf of Guinea. And we've heard a very detailed description from the chief of the Naval Staff and also from the NSA. But it will enable the Nigerian Navy to generate a comprehensive, intelligent picture of activities within a maritime environment for further analysis. And in a public case, it is patching a Nigerian Navy ship or some other vessels for inspection, for investigation, and a subsequent arrest of air investment. So the Falcon Eye System will serve as a force multiplier for our naval platforms that are tasked to effectively secure a maritime environment from external aggression. I believe it will also enable the Nigerian Navy to effectively combat other maritime crimes that have been authorized already that could disrupt the conduct of maritime trade. So why is this project so important for our transmission? The maritime industry occupies a very prominent position in the macro of our vital economic interests. And it encompasses activities ranging from fishing and resource exploration to marine research and shipping, among other endeavours. Of all these activities, shipping stands out as a critical link in Nigeria's international trade engagement because it's the cheapest and most efficient way of moving large volumes of goods. So given our economic aspirations and our commitment to international trade, ensuring the security of shipping lanes within the approximate waters is in our national interest. In addition, all of our oil and gas resources, which are largely domiciled in the maritime environment, remain the mainstay of our economy. And it accounts for over 55% of GDP measured in different ways and 70% of our export earnings today. In recent years, some key identified threats within our maritime environment have taken on increasingly more harmful dimensions to our economy and even the safety of citizens and commercial entities who use our waters. And this includes piracy, armed attacks on ships, kidnapping, or ransom, coup d'oeuvres smuggling, as well as illegal, unregulated and unreported fishing. It's estimated that Nigeria loses several billions of dollars annually to various forms of criminality, particularly piracy and sea robberies. So on account of the escalated risk in some of our maritime areas, insurance premiums for commercial vessels coming to our waters have really sharpened making maritime trade and on a practical position for commercial trade. So this underscores the need to enhance our maritime security architecture. And consequently, a critical contribution of the partner system will be the provision of actionable intelligence for curbing maritime threats to our economy. This administration has demonstrated a clear commitment to building the capacity of our strategic institutions to secure our coastal waters and the precincts of our maritime neighborhoods. On the 24th of June 2019, Mr. President accept a sentence to the suppression of piracy and other maritime offences built. By this act, Nigeria became the first country in Western Central African subregion to promote it in standalone law against piracy, which is an important international requirement set by the International Maritime Authority as part of the measure to guarantee secure global shipping environment. The act provides the much needed legal and institutional framework to improve maritime security and ensure safety and secure shipping in Nigerian waters. Last year, we commenced the prosecution and secured our first conviction under this law. Last month, again, Mr. President conducted the launch of the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue Project. The Deep Blue Project, as you know, is a maritime security initiative of the Federal Ministry of Transport and the Ministry of Defense, which is implemented by the Nigerian Maritime Magistration and Safety Agency in the matter. It combines air, land, and sea assets with operational components constituted by the Nigerian Navy, as well as other branches of the AM40, the security services, and law enforcement. Between these initiatives, the Federal Government has significantly increased our national capability in the area of maritime turbulence and criminal interdiction within our territorial waters. It is clear that this administration has invested substantial resources in steadily building our sovereign capacity for total spectrum dominance of our maritime environment. And on behalf of Mr. President, I wish to urge all the relevant strategic institutions and stakeholders to collaborate in the pursuit of this all-important endeavor in the last election. Let me at this point commend the officers and men, and women of the Nigerian Navy, for their service in various sectors. You have the thanks of the Great Blue Mission and the resolute support of an administration that is committed to securing our territorial waters and guaranteeing the safety of traffic in our maritime neighborhoods. It is now my singular honor and pleasure, on behalf of the President and Commander-in-Chief of the AM40 of Nigeria, President Mohamed Iqbali, to commission the Falka Night Project for the security of our maritime environment and the safety and well-being of commercial and private users of our maritime environment. Thank you very much.