Nigeria: Buhari Cancels OMSL’s Controversial Secure Anchorage Area Contract

President Muhammadu Buhari has cancelled the lucrative but controversial Secure Anchorage Area (SAA) contract handled by Ocean Marine Solutions Limited (OMSL), a highly-placed presidency source told THISDAY yesterday, saying the president has agreed with long-standing security concerns expressed about the deal by senior administration officials.

The contract, in which OMSL in partnership with the Nigerian Navy, has been providing security services to foreign ships calling at the Apapa and Tin Can Island Ports in Lagos at $2,000 per day at a designated area in the water called the Secured Anchorage Area, became controversial when the Minister of Transportation, Hon. Rotimi Amaechi, in February last year announced its cancellation.

To read the entire article, please click here.

Source: allafrica.com