NDLEA auctions properties forfeited by drug cartels

The National Drug Law Enforcement Agency (NDLEA), on Wednesday, auctioned properties and assets seized from drug cartels worth millions of naira.
Speaking during the event in Abuja, the NDLEA chairman, retired Brig. Gen. Buba Marwa, said that the agency followed due process and transparency in the auction.
Mr Marwa, who was represented by the agency’s secretary, Shadrach Haruna, said that the NDLEA also ensured that prices were close to the estimates provided by the federal government.
Assets were seized during raids and operations across the country.
Mr Marwa said that the auction was a demonstration of its commitment to tackling drug trafficking and criminal organisations.
He emphasised the importance of the forfeiture process, adding that it was a key aspect of the 2022 Proceeds of Crime Act.
He explained that the agency’s process and crimes department manages forfeited assets, ensuring that criminals do not benefit from their illegal activities.
He added that the auctioned properties, forfeited to the federal government by federal high courts, included high-end buildings and landed properties used as instruments for drug manufacturing and housing.
He said that the forfeiture process served as a deterrent to criminals, disrupting their enterprises and rehabilitating individuals dependent on drugs sold by these individuals.
According to him, the auction is a milestone in the fight against drug trafficking and organised crime.
“This auction sends a strong message to drug cartels that crime does not pay,” he said.
Mr Marwa commended the transparency of the process, adding that no agency member or individual connected to the forfeited assets was involved in the bidding.
Observers from the Independent Corrupt Practices Commission (ICPC) and civil society organisations (CSOs) praised the NDLEA for its transparency, urging the agency to continue its good work.
Some of the properties are located in Lagos, Ondo, Anambra and Adamawa.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
CBN seeks bold ESG reforms to unlock Africa’s sustainable growth
Mr Ikeazor said Africa was warming rapidly and facing its worst climate crisis in more than a decade.

States
Police seek stronger collaboration with customs to strengthen border security
Mr Ojajuni said that sustained collaboration, intelligence sharing, and joint operations remain indispensable in addressing emerging security threats.

States
Police smash kidnap syndicate, detain 184 suspected criminals in Imo
The commissioner said police investigations linked the same criminal gang to the brutal murder of two Imo State Homeland Security personnel on May 16.

Lagos
NATOP unveils national secretariat in Lagos to boost tourism
Ms Oyekan-Ismaila said it would also create a unique leisure and business hub for residents and visitors.

Politics
2027: Ogun West indigenes endorse Adebutu for governorship
Mr Adebutu said he was humbled by the display of love from the true indigenes of Yewaland.

Education
Senior civil servants caution against privatising unity schools
Mr Fajobi said the union would reject attempts to cede the 120 federal government colleges to private individuals or groups, including old students’ associations.





