LAGOS HOTEL, 3 OTHER PROPERTIES FORFEITED BY DRUG KINGPINS AUCTIONED AT N6.1BILLION.(PHOTOS). #PRESS RELEASE.

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 Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1billion *- It’s a clear message that cartels won’t be allowed to enjoy proceeds of their criminal trade, says Marwa*  A Lagos hotel and three other properties seized from drug kingpins by the National Drug Law Enforcement Agency (NDLEA) and forfeited to the Federal Government through court processes have been auctioned for the sum of Six Billion One Hundred and Forty- Eight Million Nine Hundred and Sixty-Four Thousand Naira (N6,148,964,000.00) only. This was the outcome of a competitive bid process for the sale of eight assets forfeited by drug barons in parts of the country. While bidders who offered above reserved prices emerged winners of four of the listed properties, bids for four others failed because none offered up to the reserved prices. Announcing the winning bids at the bid opening ceremony attended by representatives of ICPC, Civil Society Organisations, auctioneers and bidders at the NDLE...
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MTN BEGS FOR LENIENCY TODAY,IN A LETTER WRITTEN TO THE NIGERIAN AUTHORITIES.

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                   MTN,a telecommunication company from South Africa has written to authorities in Nigeria asking for leniency and requesting a review of a $5.2 billion fine imposed on the company,for failing to cut off unregistered SIM card users,a regulatory source said today tuesday.MTN sent a copy of the letter addressed to telecommunications regulator NCC to Nigeria's presidency.Without providing specific details about the review.A  second source confirmed that MTN had sent the letter.Sorry guys i am not feeling so good,i was just discharged from the hospital.Till tomorrow.One more photo below.                                                                                                                                                         

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