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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ILLEGAL STREET TRADING: LAGOS WARNS TRADERS.(PHOTO).#PRESS RELEASE.

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ILLEGAL STREET TRADING: LAGOS WARNS TRADERS 


The Office of the Special Adviser on Central Business Districts has again called on street traders to vacate the roads or face sanctions, especially within the Lagos Island Business District. 

The Special Adviser to the Governor on CBD, Mr. Gbenga Oyerinde gave the warning in Ikeja today after holding a strategic meeting with officials of the Ministry of Transportation to find a lasting solution to the menace of street trading within the business districts. 

Oyerinde harped on the need for effective and efficient collaborative efforts amongst government agencies at curbing street trading, calling on market leaders, community and transport union leaders to caution their members to stop the allocations of trading spots on roads and major streets to traders within the Island business district. 

He decried the interference from highly placed individuals in the society at thwarting the efforts of government at curbing street trading across the state. 

The Permanent Secretary, Ministry of Transportation, Engr. Gbolahan Toriola called for a renewed effort of operatives of government agencies, especially CBD operatives and LASTMA at curbing street trading within the area. 

Toriola noted that street trading impedes the free flow of traffic and operatives of the two agencies must be resolute, above board and take an uncompromising posture in enforcing street trading laws of Lagos State. 

The high point of the meeting was the resolution by the two agencies to collaborate to ensure that street trading on major roads within the business district is drastically reduced if not eradicated.


 

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