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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BORDER CLOSURE: PRESIDENT BUHARI CALLS FOR MORE PATIENCE FROM NEIGHBOURING COUNTRIES.[PHOTOS}.#PRESS RELEASE

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     President Muhammadu Buhari Friday in Abuja said the issue of partial closure of Nigeria’s land border to goods from neighbouring countries will be determined by report of tripartite committee made up of Nigeria, Benin and Niger Republic.
President Buhari, who received President Roch Marc Christian Kabore of Burkina Faso at the Presidential Villa, said Nigeria’s decision to partially close the border was purely to safeguard national security.
The President of Burkina Faso is the Chairman of the ECOWAS Committee mandated to resolve the issue of border closure.
“Our major problem is security -- the inflow of weapons, ammunition and drugs. We have witnessed a decline in banditry using such weapons since the partial closure of the border. Also, our farmers are now able to sell their rice since we stopped the inflow of foreign rice, usually dumped in the country,’’ he said.
President Buhari said Nigeria was very much mindful of the concerns of neighbouring countries on the issue, assuring that his administration will find an early and enduring solution.
“I will work as fast as I can as soon as I receive the report,’’ the President added.
Earlier, the President of Burkina Faso told President Buhari that he came on the visit, following the mandate of ECOWAS to resolve the issues that culminated in the partial closure of the border, adding that some of the challenges had been discussed, and agreed on, urging the Nigerian leader to reconsider the position of the country.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
February 21, 2020.
More photos below.
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