IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.57▼ 0.28% USD/CLP983.69▲ 1.70% USD/COP3,294▲ 0.60% USD/PEN3.42▲ 0.36% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.46▲ 0.10% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.23▲ 0.80% BRENT 91.89 ▲ 0.44% WTI 86.11 ▲ 0.08% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.49% GOLD 4,064 ▲ 0.83% SILVER 52.95 ▲ 3.62% SOY 1,227 ▲ 0.16% CORN 449.00 — 0.00% WHEAT 602.25 ▲ 1.60% COFFEE 272.20 ▼ 0.51% SUGAR 18.29 ▲ 1.11% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.68 ▲ 5.07% COCOA 4,724 ▼ 5.60% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.57 ▼ 0.29% USD/CLP 983.69 ▲ 1.70% USD/COP 3,294 ▲ 0.60% USD/PEN 3.42 ▲ 0.35% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 0.80% BRENT 91.89 ▲ 0.44% WTI 86.11 ▲ 0.08% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.49% GOLD 4,064 ▲ 0.83% SILVER 52.95 ▲ 3.62% SOY 1,227 ▲ 0.16% CORN 449.00 — 0.00% WHEAT 602.25 ▲ 1.60% COFFEE 272.20 ▼ 0.51% SUGAR 18.29 ▲ 1.11% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.68 ▲ 5.07% COCOA 4,724 ▼ 5.60% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Africa Markets

Nigeria Police Say Fake Truckers Stole US$15 Million of Imported Cargo

By · · 7 min read
Aerial view of a crowded open-air market in Lagos, Nigeria
An open-air market in Lagos seen from above. Police traced some of the diverted fabrics to a market in the Agege district of the city (Photo: Ayorinde Ogundele, CC BY-SA 4.0, via Wikimedia Commons)

Key Facts

  • The country Nigeria is Africa’s most populous nation, with about 238 million people. Its economy, about US$291 billion in 2025 (World Bank), is roughly the size of Finland’s.
  • Why it matters Lagos ports such as Apapa take in the bulk of Nigeria’s seaborne imports. Importers then hire private trucks to carry cargo inland, often through brokers they barely know.
  • Why now Nigerian newspapers reported the arrests on Saturday 26 September. The two alleged leaders had left prison only in February 2026 after earlier cases, police sources said.
  • What happened Lagos police arrested six suspects accused of diverting imported goods worth over N20 billion (about US$15 million) across 19 years.
  • The numbers The latest alleged haul was forklifts, fabrics and plates worth about N3 billion (about US$2.3 million). It was booked for Kano but sold in Lagos.
  • What it means for you Anyone importing into Nigeria should vet hauliers, track trucks by GPS and confirm delivery on arrival. Hiring transport through open WhatsApp groups carries clear risk.
  • Still open No charges or court date have been reported. Police say other gang members remain at large and more stolen goods may be recovered.

Police in Nigeria’s commercial capital say a gang posing as truckers stole imported cargo from the port for 19 years. The alleged losses exceed US$15 million.

Free daily brief — no card needed
Get every Africa story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Police in Lagos, Nigeria’s largest city and business hub, have arrested six people in a Lagos goods diversion case involving imported cargo. The gang allegedly posed as hauliers, collected goods at the port and sold them instead of delivering them.

Nigeria, with about 238 million people, imports much of what it consumes, and most of it arrives through Lagos. Police say this one group diverted goods worth more than N20 billion (about US$15 million) over 19 years.

All naira figures here are converted at the 27 September 2026 rate of about 1,329 naira per US dollar (open.er-api.com). The naira was far stronger for most of those 19 years, so the losses in dollars at the time were larger.

Who was arrested and who confirmed it

The Lagos State Police Command, the state branch of the federal Nigeria Police Force, made the arrests through its Anti-Kidnapping Unit. The unit acted after importers complained that consignments collected at Apapa Port had vanished.

The command’s spokesperson, Superintendent of Police (SP) Abimbola Adebisi, confirmed the arrests and called them a major breakthrough. Adebisi said the investigation was ongoing and that officers were hunting other members of the group.

Police named the six suspects as Jamiu Lateef, Abubakar Amadu, Aliu Olanshile, Opeyemi Oyewale, Hassana Malami and Hassana Haruna. Lateef and Amadu, who is 45, are described as the alleged leaders.

The arrests were first reported on Saturday 26 September by the Nigerian newspapers The Sun, Vanguard and Blueprint. None of the suspects has yet been charged in court, according to those reports.

How the alleged scheme worked

A police source told reporters the gang hung around the Lagos ports looking for importers who needed trucks. Many consignments travel hundreds of kilometres to the north and east of the country.

“They also join WhatsApp platforms of different transporters and transportation companies at the port, where transportation needs are advertised,” the source said. Once hired, they allegedly disappeared with the goods and changed phones and SIM cards.

Officers recovered 11 mobile phones and eight SIM cards from Amadu, the source said. He had allegedly been caught in 2023 with 49 phones and 188 SIM cards.

The latest alleged theft

In the latest case, the gang allegedly agreed to truck forklifts, fabrics and imported plates to Kano, in northern Nigeria. The cargo was worth about N3 billion (about US$2.3 million).

Instead, police say, the goods were taken to Ojota, a district of Lagos, where they were unloaded and sold to buyers. Lateef reportedly admitted the diversion during questioning.

The suspects also allegedly told the importer their truck had broken down in Mokwa, a town in Niger State. They then collected money from him for repairs that were never needed.

Detectives traced some of the fabrics to a market in Agege, in northern Lagos, where the importer identified them. That led to the arrest of alleged receivers, drivers and the two leaders.

Repeat offenders and cross-border assets

Police sources say several members had been prosecuted before for goods diversion. Four of them, including both alleged leaders, were released from prison in February 2026, and some drivers followed two months later.

“Because it is a bailable offence, they return to the crime whenever they are released from prison,” the source told The Sun. The source said a second large diversion gang operates from Kaduna, in the north.

Amadu reportedly told investigators he began diverting goods with Lateef about 19 years ago, after they met as truck drivers. He allegedly has investments in Niger Republic, Nigeria’s northern neighbour.

Lateef, from Ibadan in Oyo State, reportedly said he travels often to the Republic of Benin, where he allegedly has investments. Benin borders Lagos State to the west.

Why cargo theft matters to foreign firms

For companies shipping into Nigeria, the risk usually sits after the port gate, not at sea. Once goods clear customs, many importers rely on private truck operators they find through brokers or chat groups.

That handover is where this gang allegedly struck. A stolen consignment can halt a factory, break a supply contract or trigger a long insurance claim.

The case also shows why a single police bust rarely ends the problem. The group allegedly returned to work within months of leaving prison, and a second gang is said to be active.

What importers can do

Logistics advisers in Nigeria commonly recommend using registered hauliers with verifiable offices and fleet records. Paying the balance only on confirmed delivery removes some of the incentive to vanish.

GPS trackers on trucks or containers, and a named contact at each stop, make a diversion much harder to hide. Any sudden “breakdown” request for cash should be checked before money moves.

Foreign firms can also require cargo insurance that covers inland transit, not only the sea voyage. It is worth checking whether the policy excludes theft by the hired carrier.

What happens next

Police say they are working to catch other suspected members and recover goods from earlier diversions. Adebisi did not give a date for the suspects to appear in court.

The key test is whether prosecutors secure convictions that stick this time. Any move to trace assets in Niger or Benin would need cooperation from those governments.

For now, this Lagos goods diversion case is a reminder that Nigeria’s trade risk often lies on the road from the port. Importers should treat that leg as the weakest link.

Frequently Asked Questions

What is the Lagos goods diversion case about?

Lagos police arrested six people accused of posing as hauliers, collecting imported cargo at Apapa Port and selling it. Alleged losses exceed N20 billion (about US$15 million) over 19 years.

How much was the latest diverted shipment worth?

Police say forklifts, fabrics and imported plates worth about N3 billion (about US$2.3 million) were booked for Kano but sold in Lagos.

Who confirmed the arrests?

SP Abimbola Adebisi, spokesperson of the Lagos State Police Command, confirmed the arrests and said the investigation was ongoing.

How can importers protect cargo in Nigeria?

Use registered hauliers, track trucks by GPS and pay only on confirmed delivery. Insure cargo for the inland leg, not just the sea voyage.

RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Biya, 93, sets Cameroon's vote for 7 February”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Connected Coverage

Sources

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.