Lagos Apprentice Arrested for ₦250 Million Building Materials Fraud - Full Details

Lagos police displaying recovered building materials in ₦250 million fraud case



The Police Special Fraud Unit (PSFU) has made a major bust in Lagos, arresting an apprentice and accomplice for allegedly diverting building materials worth a staggering ₦250 million.

Key details of the case:


  • Suspects were trusted with material deliveries


  • Allegedly created fake documentation


  • Diverted supplies to black market buyers


  • Operated undetected for months


According to Punch news, the PSFU's investigation revealed:


"The suspects exploited their positions of trust to systematically steal high-value construction materials including cement, roofing sheets, and reinforcement rods."


Economic Implications:


  • Could delay multiple construction projects

  • May increase costs for affected companies

  • Highlights need for better apprentice vetting


The PSFU's spokesperson warned: "This case shows why businesses must implement stricter inventory controls and conduct regular audits, especially when handling high-value materials."


Next Steps:


  • Suspects remain in custody

  • Police tracking diverted materials

  • Case to be charged to court soon

  • PSFU launching awareness campaign for businesses


Industry experts suggest using:


  • GPS-tracked deliveries

  • Blockchain inventory systems

  • Mandatory background checks


#LagosFraud #ConstructionScam #NigerianFraud #PSFU #BuildingMaterials #EconomicCrime #ApprenticeCrime #FraudAlert

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