Metro
NDLEA auctions Lagos hotel, three other drug-linked properties for N6.1bn
The National Drug Law Enforcement Agency, NDLEA, has generated a total of N6,148,964,000 from the public auction of a Lagos hotel and three other properties confiscated from convicted drug traffickers and permanently forfeited to the Federal Government through legal proceedings.
A statement signed by the Director of Media and Advocacy, NDLEA Headquarters, Abuja, Femi Babafemi, on Monday said the proceeds emerged from a competitive bidding exercise involving eight forfeited assets linked to drug barons across different parts of the country.
Four properties attracted successful bids above their reserve prices, while bids for the remaining four assets fell short of the benchmark and were therefore unsuccessful.
Speaking during the opening of bids at the NDLEA headquarters in Abuja on Monday, June 15, 2026, the Head of the Asset Recovery and Management Unit at the Federal Ministry of Justice, Tamarantare Francis Ali-Bozi, announced the successful bidders.
He disclosed that Tope Ojo and Tunde Olonishakin Estate Firm secured a six-storey hotel located in Victoria Island, Lagos, with a winning bid of N5.9 billion.
Other successful bidders included FSS Limited, which acquired a property in Lekki Phase 1, Lagos, for N219.5 million; A-BNB Global Innovations Limited, which won a block of flats in Ejigbo, Lagos, with a bid of N104 million; and Fazeen Global Link Limited, which emerged as the highest bidder for a property in Akure, Ondo State, at N29.36 million.
Represented by the Agency Secretary, Shadrach Haruna, NDLEA Chairman and Chief Executive Officer, Brig. Gen. Mohamed Buba Marwa (retd.), said the auction was aimed at promoting transparency and strengthening public trust in government institutions.
According to him, “public auctions such as this serve a broader national purpose. Beyond generating revenue for the Government, they reinforce public confidence in the rule of law, demonstrate accountability in the management of recovered assets, and send a clear message that criminal proceeds will not be allowed to remain in the hands of those who seek to profit from the misery and destruction caused by illicit drugs.”
Marwa further assured that “the Agency remains steadfast in its determination to strengthen Nigeria’s asset recovery framework and to ensure that recovered assets are managed and disposed of in a manner that is transparent, lawful and beneficial to the public interest”, adding that “We shall continue to pursue drug traffickers, dismantle criminal networks, recover the proceeds of crime and uphold the rule of law without fear or favour.”
On measures taken to ensure a credible process, the NDLEA boss stated that “to further enhance transparency and public confidence in the process, representatives of sister law enforcement and regulatory agencies, civil society organisations, the media, prospective bidders and members of the public have been invited to witness the bid-opening exercise.
The bids received for each lot will be evaluated against the approved reserve price, and the highest responsive bidder who satisfies all requisite conditions shall be declared the successful bidder. The entire process will be conducted openly, fairly and transparently in the presence of all attendees.”
He noted that “The process culminating in today’s auction has been conducted in strict compliance with the provisions of the Proceeds of Crime (Recovery and Management) Act, 2022, the Public Procurement Act, 2007, and all other applicable laws, regulations and guidelines.
Consistent with the Agency’s commitment to transparency, accountability and due process, all assets earmarked for auction were professionally valued by the Federal Ministry of Housing and Urban Development, the designated official valuer of the Federal Government.”
Marwa also revealed that “Furthermore, the Agency undertook extensive due diligence and security screening of all auctioneers pre-qualified by the Bureau of Public Procurement (BPP).
We are satisfied that none of the auctioneers engaged in this process has any known involvement in drug-related offences or any other criminal activity capable of compromising the objectives of the Proceeds of Crime (Recovery and Management) Act or the integrity of this exercise.”
A young man has been stabbed to death in Calabar, the Cross River State capital, in what residents say is a growing wave of violence linked to street gangs operating in parts of the city.
The incident occurred on Monday morning along Mary Slessor Road, where the victim was allegedly attacked following a dispute with a suspected gang member.
Confirming the incident, the Police Public Relations Officer of the Cross River State Command, ASP Sunday Akata, said the suspect traced and pursued the victim before stabbing him with a knife.
According to her, the victim was rushed to the University of Calabar Teaching Hospital, UCTH, for medical attention but later died from his injuries.
“The victim was taken to UCTH for treatment, but was later confirmed dead by doctors. The body has been deposited at the General Hospital mortuary for preservation and autopsy,” Akata said.
She disclosed that the suspect had been arrested, adding that the matter had been transferred to the State Criminal Investigation Department (CID) for further investigation.
The killing comes barely days after another incident that generated outrage in Calabar, with residents alleging that a young woman was murdered after being lured to an apartment by a suspect’s girlfriend.
Community members claimed the suspect attempted to dispose of parts of the victim’s body before he was apprehended by vigilantes and handed over to security operatives.
However, the police said no corpse was recovered from the premises, although investigators reportedly discovered traces of blood in the suspect’s residence.
The latest incidents have heightened concerns among residents, who say street gangs popularly known as “Skolombo Boys” are making a comeback in several parts of the city.
The groups, mostly made up of minors and teenagers, are said to occupy abandoned buildings, tunnels and public parks. Residents accuse them of engaging in violent attacks, robbery and other criminal activities, particularly at night.
Two suspects have been sentenced by a Magistrate’s court for an alleged vandalism of critical national assets in Okpella, Etsako East Local Government Area.
DAILY POST reports that the duo were sentenced by a magistrate’s court sitting in Okpella and presided over by P.U. Abu.
The conviction followed a suit filed by the Edo State Command of the Nigeria Security and Civil Defence Corps, NSCDC, against the convicts.
Speaking on the conviction, Efosa Ogbebor, Public Relations Officer of the command, said the sentence underscored the command’s intensified crackdown on economic sabotage and its commitment to protecting critical national assets and infrastructure.
Ogbebor said five suspects were earlier arraigned before the court over the vandalism of critical national assets in the locality.
He said two of the suspects were convicted and sentenced to two years’ imprisonment each, while the remaining three were still in custody pending further judicial proceedings.
“These outcomes reflect the command’s unwavering commitment towards safeguarding government infrastructure and protecting national economic interests,” he said.
Four persons have been killed and two others injured following a shooting incident linked to suspected cult activities in the Post Office area of Ilorin, Kwara State.
The development was disclosed in a statement issued on June 15, 2026, by the spokesperson of the Kwara State Police Command, SP Adetoun Ejire-Adeyemi.
According to the statement, the incident occurred at about 9:00 pm on Sunday when a group of armed men reportedly stormed a bamboo bar located along the railway line and opened fire on people gathered at the scene before fleeing.
Police operatives responded to a distress call and evacuated the victims to the Police Clinic for treatment.
The command disclosed that four of the victims were confirmed dead by medical personnel, while two others sustained gunshot injuries and are currently receiving treatment.
Preliminary investigations, according to the police, indicate that the attack may be cult-related.
The statement further revealed that two suspected members of a cult group allegedly connected to the incident have been arrested.
“Preliminary findings indicate that the incident is cult-related. Comprehensive investigations led to the arrest of two suspected members of a notorious and deadly cult group linked to the attack,” the statement said.
The police added that the suspects are in custody and are assisting investigators with information aimed at identifying and arresting other individuals connected to the attack.
The Commissioner of Police in Kwara State, Ojo Adekimi, condemned the incident, describing it as a threat to public peace and safety.
According to the command, tactical, intelligence and covert operations have been activated to track down other suspects linked to the shooting.
The police also extended condolences to the families of those who lost their lives and urged residents to provide useful information that could assist ongoing investigations.
The command reassured members of the public that measures were being taken to prevent similar incidents in the state.
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