Close Menu
Gofishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Facebook X (Twitter) Instagram
Trending
  • Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia
  • Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation
  • PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention
  • Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations
  • UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown
  • ASUU Slams Federal Government Over Inaction, Demands Concrete Action On 2009 Agreement
  • Nigeria Mourns Ruth Elton, Oldest Serving Missionary, Who Passed Away At 91
  • Shea Industry Poised For Growth As Stakeholders Rally Behind Nigeria’s Export Ban
X (Twitter) Instagram
Gofishe NewsGofishe News
Subscribe
Friday, December 5
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Gofishe News
Home»National

NDLEA Auctions Seized Drug Traffickers’ Properties In Transparent Bid To Cripple Illicit Networks

Adejuyigbe FrancisBy Adejuyigbe FrancisJuly 30, 2025 National No Comments3 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

NDLEA Auctions Seized Drug Traffickers’ Properties In Transparent Bid To Cripple Illicit Networks.

The National Drug Law Enforcement Agency (NDLEA) has taken a significant step in its fight against drug trafficking by conducting a public auction of forfeited houses linked to illicit activities. The event, held on Tuesday, 29 July 2025, at the agency’s National Headquarters in Abuja, involved properties either purchased with proceeds from drug trafficking or used as bases for criminal operations, marking a bold move to dismantle the financial foundations of drug networks across Nigeria.

 

 





The auction, attended by pre-qualified auctioneers, bidders, representatives from civil society organisations, the media, and other government agencies, was praised for its transparency and adherence to legal frameworks. NDLEA Chairman, Brigadier General Mohamed Buba Marwa (Retd.), represented by Agency Secretary Shadrack Haruna, described the exercise as a strategic effort to strip drug traffickers of both their liberty and illicit wealth. He emphasised the agency’s commitment to pursuing offenders not only through prosecution but also by targeting assets acquired through criminal proceeds, stating, “This auction is part of our broader commitment to transparency and justice.”

 

 

Eight properties across Lagos, Kano, Ondo, and Ogun states were listed for auction, though two properties in Lekki and Ikorodu, Lagos, were withdrawn due to pending appeals. Of the remaining six, two were successfully sold for over ₦139 million, with bids exceeding their reserve prices, while others either received no offers or bids below the set threshold. The Director of Proceeds of Crime Management, Jerry Iorwa Aernan, highlighted that all participating auctioneers were vetted by the Bureau of Public Procurement to ensure integrity and prevent assets from being reclaimed by their original owners through illicit means. Successful bidders are required to pay 10% of their bid within 14 days to confirm their interest, with full payment due within a stipulated timeframe.

 

 

Umar Yakubu from the Centre for Transparency and Integrity Watch commended the NDLEA for conducting a credible process aligned with international best practices. He noted that the transparency displayed reflected a strong institutional culture prioritising public accountability and urged the agency to amplify such efforts as a public education tool to deter drug-related crimes. The auction’s success underscores the NDLEA’s resolve to weaken the economic incentives driving drug trafficking, sending a clear message that offenders risk losing everything.

 

 

This initiative aligns with the NDLEA’s broader campaign to promote a drug-free Nigeria, combining legal action with asset forfeiture to disrupt criminal networks. By raising over ₦139 million from the sale of just two properties, the agency has demonstrated the potential of such measures to generate revenue for public good while dismantling the financial power of drug barons. The exercise not only serves as punishment but also as a deterrent, reinforcing the consequences of engaging in illicit activities.

Drug Trafficking NDLEA
Share. Facebook Twitter LinkedIn WhatsApp
Adejuyigbe Francis
  • Website

Thought leader. Investor. Quintessential. Idea Bank. Publisher.

Keep Reading

Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation

PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention

Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations

ASUU Slams Federal Government Over Inaction, Demands Concrete Action On 2009 Agreement

Nigeria Mourns Ruth Elton, Oldest Serving Missionary, Who Passed Away At 91

Shea Industry Poised For Growth As Stakeholders Rally Behind Nigeria’s Export Ban

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia
  • Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation
  • PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention
  • Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations
  • UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown
Featured
About Govima

Govima was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@govima.com
Govima, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia

August 31, 2025

Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation

August 31, 2025

PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention

August 31, 2025

Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations

August 31, 2025

UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown

August 31, 2025
Featured

Subscribe to Updates

Get the latest news from Govima about politics, economy, health ad business.

Facebook X (Twitter) Instagram Pinterest
© 2025

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version