The Nigerian Navy in Lagos on Wednesday said it intercepted a wooden boat with outboard engines and 1,400 jerry cans of Petroleum Motor Spirit(PMS) all valued at N20 million.
The Naval command said the vandals on sighting naval men fled and abandoned the products.
The Atlas Cove was central to reception and distribution of refined petroleum products to other Nigerian National Petroleum Corperation (NNPC) depots at Mosimi, Ore, Ibadan and Shagamu areas.
The navy base said it would continue to dominate the nation’s waterways in order to prevent the theft of the nation’s wealth.
(NAN)