Monday, September 21, 2026

NDLEA auctions properties forfeited by drug cartels

According to him, the auction is a milestone in the fight against drug trafficking and organised crime.

• July 17, 2024
NDLEA Officers
NDLEA Officers

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

farmers

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

Katsina State

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.”

United States President Donald Trump

World

CNN, MS NOW, Politico to sue White House over Trump ban

Mr Trump last week banned journalists from CNN, Politico and MS NOW from covering him at the White House, citing unfavourable coverage of him and his administration.

Heading 5

Wike defends Rainbow Coalition, says Tinubu’s re-election remains major political priority

“My primary concern is whether Tinubu will be re-elected for a second term, and I am going to support Mr President with all my might and strength,” he said.

Nigeria Democratic Congress

Politics

Edo Senatorial Ticket: Court to deliver judgment in ex-lawmaker’s suit against NDC November 26

Mr Agbonayinma filed the suit, challenging the NDC’s alleged unlawful substitution of his name with those of Osayuki Asemota and Sunday Aguebor.

Education

Afri-mission returns 178 vulnerable children to school

The group said some beneficiaries were displaced persons whose parents had lost their livelihoods, while others were children of widows who could not afford to send them to school.

Central Bank of Nigeria Logo

Economy

CBN’s monetary policy committee likely to reduce lending rate by 50 basis points, says financial expert

Mr Uwaleke said reducing the MPR by 50 basis points will be justified by moderating inflation, exchange rate stability, and improved FX market liquidity.

Oando

Economy

Oando shareholders back Tinubu-led board, approve all resolutions

Oando PLC held its 47th annual general meeting (AGM), and shareholders passed all resolutions presented.