The NDLEA said the drugs were concealed in peels of plantain, which appeared as real plantains and were packed among other food items.
He described substance abuse as a major threat to public health, security, family stability and national development.
A six-floor hotel in Victoria Island, Lagos, accounted for the bulk of the proceeds at N5.9 billion.
Mr Babafemi said the arrest followed credible intelligence.
He described tertiary institutions as critical platforms for shaping values.
Mr Babafemi said operatives uncovered the drugs at the export shed of the Murtala Muhammed International Airport (MMIA) in Ikeja, Lagos.
He disclosed that NDLEA had, in two years, intercepted over 1.8 billion tramadol tablets.
Mr Babafemi said the explosives were concealed in a sack.
The NDLEA boss commended the officers and men of the Nigerian Armed Forces for their contributions to tackling banditry in the North-West.
He advised the government to include all public and private secondary schools in its programme against drug abuse.
