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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INSECURITY: NIGERIA, US HARP ON POSITIVE MESSAGING, CONSENSUS BUILDING.{PHOTO}.#PRESS RELEASE

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The Federal Government of Nigeria and United States of America have identified positive messaging and consensus building among Executive, Legislature and Judiciary as part of ways to address security challenges in the country.
This was the hallmark of bilateral discussion between the Ambassador of the United State of America to Nigeria; Mary Beth Leonard, and the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN.
At a meeting held at the Office of the Attorney General of the Federation in Abuja on Tuesday 25th May, 2021, the two nations emphasized the need for effective partnership in ensuring safe, secured and prosperous Nigeria.
According to the two nations, laws are meant to achieve collective peace among people and governance about improving the welfare of the majority of the people maintaining that holistic approach is needed in striking balance between public interest and rights of individual citizens.
Malami expressed satisfaction with the support and mutual understanding between Nigeria and the United States of America in the fight against corruption, repatriation of looted funds and extradition of people involved in terrorism financing.
In her response, the US Ambassador, Mary Beth Leonard expressed willingness and determination of the United States of America to Support Nigeria in the fight against insecurity in the country.
Modupe Ogundoro
Deputy Director (Information)
Press and Public Relations.

 

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