ANAMBRA POLICE ARRESTS TWO SUSPECTED PRODUCERS OF ADULTERATED ALCOHOLIC DRINKS, RECOVERS COUNTERFEIT PRODUCTS AND CHEMICALS. (PHOTO). #(PHOTO). #PRESS RELEASE.

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 ANAMBRA POLICE ARRESTS TWO SUSPECTED PRODUCERS OF ADULTERATED ALCOHOLIC DRINKS, RECOVERS COUNTERFEIT PRODUCTS AND CHEMICALS Operatives of the Anambra State Police Command attached to the Rapid Response Squad/VCRU have arrested two suspects allegedly involved in the production and distribution of adulterated alcoholic beverages in the State. The suspects, identified as Ikechukwu Okeke 42 years old and Okeke Chukwuemeka 38 years old were arrested in the early hours of today 15th June 2026,  following credible intelligence received by the Police. Preliminary investigation revealed that the suspects are members of a syndicate specializing in the adulteration and counterfeiting of various alcoholic beverages. During interrogation, the suspects reportedly confessed to the crime and subsequently led operatives to their mini-factory. At the facility, Police operatives recovered several suspected adulterated alcoholic products, including Seaman’s Schnapps, McDowell’s, Eagle Schnapps, ...
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FG RAISES EXCHANGE RATE FOR CARGO CLEARANCE TO N1, 356/$.(PHOTO).

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 FG raises exchange rate for cargo clearance to N1,356/$


The Federal Government through the Central Bank of Nigeria has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar.

This is coming weeks after the rate was increased from N783/$ to N952/$.

In November, the exchange rate for cargo clearance was raised from N757 per dollar to N783 per dollar, representing a 3.4 per cent increase, and was later raised from N783/$ to N952/$ in December.

However, our correspondent observed on Friday that the new rate has been reflected on the portal of the Nigeria Customs Service.

Reacting to this, a member of the Association of Nigerian Licensed Customs Agents, Remilekun Sikiru, in a chat with The PUNCH on Friday, said, “How do we explain this? From N952/$ to N1.356/$ as of Friday morning with about N404 increase? It’s quite unfortunate that the prices of goods and commodities will automatically increase. Importation would further decrease and depreciate, vehicle prices would skyrocket again.

“Since this unification of a thing, the government has refused to look inward and critically into the maritime industry as regards importation and exportation. The sector have been neglected and things are getting worse daily. The question now is, how would freight forwarders and customs brokers agents cope with this new rate?”

Also speaking, an agent, Ben Anya, said that they woke up to the new rate, “which was before now set at N951 per dollar,”

Anya explained that with the latest increase in the exchange rate, the cost of clearing would increase.

“And this would also affect the cost of goods in the market. It would also lead to a drop in importation,” he said.

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