These are the best of times for Captain Hosa Okunbo, Chairman of Ocean Marine Solutions Limited (OMSL) as his company’s operation at the Lagos ports has been approved by the Senate on Wednesday, December 18th, 2019.

Before now, the Nigerian Ports Authority (NPA) had in October suspended the activities of the OMSL, which is providing security at the Secured Anchorage Area of the Lagos ports.

The NPA had alleged among others that the operation of the private firm in such sensitive area posed a security threat to the nation and could be at a great loss to the Federal Government.

The matter was investigated by the Senate Joint Committees on Marine Transportation, Finance and Navy led by Senator George Sekibo.

The panel submitted its report on Wednesday at plenary and gave the operation of the OMSL at the ports a clean bill of health based on its recommendations.

The Senate ruled that; “Since no fraud was found in the operations of the OMSL and it is operating at no cost to government, it should be allowed to continue its operation at the SAA until such a time when a better and more cost-effective system is put in place by the government.”