General News
APM Terminals Threatens to Withdraw Scanning Logistics Support
Management of APM Terminals Apapa Limited has said that it may be forced to review the voluntary logistics support it is providing to port users in getting their containers scanned at the port.
Bolaji Akinola, media adviser to the Company based in Apapa, said that contrary to the erroneous impression being created by its detractors, APM Terminals is neither responsible for the scanning of containers at the port nor for any delay associated with the scanning.
“Scanning is the responsibility of Cotecna and Customs. APM Terminals only intervened by taking over the logistics to bring about efficiency in the system. We voluntarily took over the responsibility of providing logistics of scanning (using trucks to move containers to and fro the scanner site) because the previous arrangement was not working well. Less than 60 containers were scanned per day and trucks were forced to wait for up to three days to complete the scanning process.
“When we intervened, we had a written agreement with the service provider that no more than 200 containers per day can be scanned partly due to the capacity of the single fixed scanner and also due to the fact that there is no pre-advice given by Customs. Please note again that we are not responsible for providing the scanner or for operating it.
“It just happens that it is erected on our facility contrary to what obtains at Tin Can Island Port where the scanner is located outside the main port terminal. Since our intervention commenced, we have received several commendation as the waiting time for trucks was eliminated saving those who hire the trucks about N30,000 per day (or N90,000 for the three days). This is despite several constraints including the fact that Customs does not advise us on the containers that need to be positioned in advance. We must wait until the customers (importers) are advised individually by Customs as to whether or not their container needs to be scanned”, Akinola stated.
He advised on the need to honour the agreement of sticking to scheduling not more than 200 containers a day for scanning so as not to jeopardise the help APM Terminals is providing to importers in getting their boxes scanned.
He also debunked insinuations that the terminal operator lacks sufficient cargo handling equipment stating that “contrary to the propaganda being bandied about; there is no shortage of equipment at our terminal. We have more than enough equipment. In fact, we have much more than what is normally required for a facility the size of Apapa.”
Akinola warned that if APM Terminals is forced to hands off the scanning logistics, truck queues are bound to return to the scanning site because the number of containers that will be scanned daily will drop drastically to about a third of what is currently being scanned.
He also disclosed that the leading terminal operator is not taking the malicious publication against it by some clearing agents lightly as it has briefed its legal team to institute legal action.
“We will not fold our hands and watch people tarnish the image of our organisation. We are a global brand with a reputation that has taken several years to build and no one will be allowed to cause damage to our image. Those who make unfounded allegations against us must be ready to proof such allegations or be ready for legal action. The media is also advised to cross-check bogus claims before they publish so that they don’t become tools in the hands of those who seek to destroy the image of an organisation that is of strategic importance to the economy and that provides jobs for thousands of Nigerians”, he said.
He said APM Terminals is a responsible organisation with global best practices and hence will never charge for services not rendered or bill for any delay caused by it.
General News
EFCC Detains Ayeni, Ex-Skye Bank Chairman over Alleged N36.5Bn, $30m Fraud

Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.

Tunde Ayeni, former chairman of defunct Skye Bank Plc,
This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.
He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.
Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.
Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.
Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.
About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.
The EFCC is expected to file charges once the investigation is concluded.
General News
Summit Factory Opens in Ogun, Targets Hygiene Market Expansion

Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.

The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.
Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.
He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.
Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.
In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.
He also revealed that the company is preparing to introduce new home and personal care products later this year.
Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.
Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.
Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.
The special guests were conducted around the facility, and the programme was concluded with a luncheon.
General News
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