Echotitbits – Nigeria News

Tag: Apapa port

  • Customs and NDLEA intercept cocaine consignment at Apapa port in joint operation

    Customs and NDLEA intercept cocaine consignment at Apapa port in joint operation

    In a report by Punch, the Nigeria Customs Service and NDLEA say they intercepted 30.1kg of cocaine concealed on a vessel at Greenview Terminal, Apapa Port, during a joint operation.

    Authorities said the drugs were packaged in slabs and hidden on board, describing the seizure as part of tightened surveillance at Nigeria’s busiest seaport.

    The bust adds to concerns about maritime smuggling routes and the need for stronger profiling, scanning coverage, and intelligence-led interdiction across port corridors.

    Echotitbits take: Expect follow-up disclosures on arrests, consignee/handler trails, and prosecution. The bigger watch item is whether joint interdiction becomes routine—backed by improved scanning capacity and sustained intelligence-sharing.

    Source: The Punch — January 4, 2026 (https://punchng.com/customs-ndlea-seize-30-1kg-cocaine-at-apapa-port/)

    The Punch January 4, 2026

    Photo Credit: The Punch

  • Massive Cocaine Haul Intercepted at Apapa Port on Marshall Islands Vessel

    Massive Cocaine Haul Intercepted at Apapa Port on Marshall Islands Vessel

    According to The Guardian Nigeria, a joint operation by the Nigerian Customs Service and the NDLEA led to the seizure of 30.1kg of cocaine at the Apapa Port in Lagos. The illicit substance was discovered aboard a vessel flying the flag of the Marshall Islands, hidden within a specialized compartment.

    The interception is being hailed as a major victory in the ongoing war against international drug trafficking syndicates using Nigerian ports as transit hubs. Security agencies have already commenced a deep forensic investigation into the ship’s manifest and the identities of those involved in the logistics chain.

    Vanguard supported this report, highlighting that ‘Customs and NDLEA are stepping up vigilance at maritime gateways’ following several high-profile busts. BusinessDay also cited the development, quoting officials who noted that ‘illicit trade must be shunned’ to protect Nigeria’s international trade reputation.

    Echotitbits take: The use of a foreign-flagged vessel suggests a sophisticated international ring. While the seizure is commendable, the real challenge lies in prosecuting the high-level financiers behind these shipments, who often hide behind layers of corporate shell companies.

    Source: Vanguard — https://www.google.com/amp/s/www.vanguardngr.com/2026/01/customs-ndlea-intercept-30-1kg-cocaine-on-marshall-islands-flagged-vessel-at-lagos-port/amp/
    Vanguard January 3, 2026

    Photo Credit: Vanguard

  • Car imports climb back above ₦1tn as FX stability returns

    Car imports climb back above ₦1tn as FX stability returns

    2025-12-15 00:30:00

    According to The Punch, Nigeria’s passenger vehicle imports rose to about ₦1.01 trillion in the first nine months of 2025, with the strongest rebound coming in Q3 as FX conditions steadied.

    The report, citing National Bureau of Statistics foreign trade data, notes that the first half of the year was softer, but the July–September quarter more than offset earlier declines.

    Analysts quoted linked the swing to improved FX liquidity and a narrower trading band for the naira, which helped importers plan and price inventory more predictably.

    Analysis/Echotitbits take: Vehicle import volumes are a useful “thermometer” for FX confidence and consumer demand. Watch Q4 numbers for whether FX stability holds, and whether duty/valuation changes keep landing costs from spiking again.

    Source: The Punch — December 15, 2025 — https://punchng.com/car-imports-rebound-hit-n1tn-in-nine-months/

    Photo credit: The Punch

    The Punch https://punchng.com/car-imports-rebound-hit-n1tn-in-nine-months/ December 15, 2025