Shares in security solutions group Westminster Group PLC (LON:WSG) rose almost 13% on Friday after it clarified the position regarding its Nigerian Franchise operation, which has recently placed adverts for security staff for roles in various states in Nigeria.
Westminster Security Solutions Nigeria Ltd has said there is a long list of time consuming procedural requirements that must be carried out before someone starts in the role.
These stem from an agency of the Nigerian government that is responsible for issuing key c (PGC) licences, before security guards can be employed.
This includes submitting detailed personal history of persons aspiring to be security guards and also that they must be trained in line with guidelines form the Nigeria Security and Civil Defence Corps (NSCDC).
Westminster said: "As a result, WSSN have decided to reserve a pool of persons who will have satisfied the above requirements ready for possible deployment.
"The advert was therefore a proactive step on behalf of WSSN in readiness for potential private guarding contracts it is pursuing.
"Any equipment or training and related services required for such potential contracts would, under the terms of the franchise agreement with WSSN, be supplied through Westminster."
Shares added 12.96% to 30.5p.