NDLEA DISMANTLES ABUJA DRUG BUNKS, ARRESTS 132, RECOVERS 220KG ILLICIT SUBSTANCES. (PHOTOS). #PRESS RELEASE.

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 NDLEA dismantles Abuja drug bunks, arrests 132, recovers 220kg illicit substances  -Marwa hails operation, vows to sustain crackdown in FCT, other states  In a non-stop two-week offensive action against traffickers and dealers, operatives of the National Drug Law Enforcement Agency (NDLEA) have successfully dismantled several drug joints and bunks within and around the Federal Capital Territory (FCT) Abuja where a total of 132 suspects were arrested and 220 kilograms of assorted illicit substances recovered. The wel-coordinated raids jointly conducted by the Agency's Directorate of Operations and General Investigation (DOGI) and the FCT Strategic Command from llth to 25th April 2026 were launched to dismantle illicit drug hubs contributing to substance abuse, trafficking, and associated criminal activities in the capital city after weeks of intelligence and surveillance across all identified hotspots. Areas where notorious drug joints were raided, dismantled and suspects...
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GOV. SANWO-OLU ATTENDS OFFICIAL SIGNING CEREMONY OF LASG SERIES I (100B BOND) AND SERIES II (UP TO 20B SUKUK) TODAY.(PHOTOS).#PRESS RELEASE.

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PGOV SANWO-OLU ATTENDS OFFICIAL SIGNING CEREMONY OF LASG SERIES I (100B BOND) AND SERIES II (UP TO 20B SUKUK) 


AT THE LAGOS HOUSE, ALAUSA, IKEJA, ON TUESDAY, 23RD MAY, 2023


" I am excited to share exciting news that will greatly boost the short and long term development of Lagos. We've raised N134.8 billion in long-tenure bonds, marking another record in accessing capital market funds. 


This investment will fuel key infrastructure projects in sectors such as education, electricity, roads, and agriculture. 


Today, we signed the transaction instruments for the first sets of allotment in the N1 trillion Debt and Hybrid Issuance Programme. This includes a 10-year tenure bond and a shariah-compliant Sukuk. 


With the proceeds from the bond and Sukuk, we'll be executing various projects pre-inspected by the Securities and Exchange Commission. This includes overhauling 33 public schools in Ajegunle, road infrastructure on the Lekki-Epe corridor, drainage works, and more. 


The investments we've secured will not only boost infrastructure development but also stimulate economic growth, create job opportunities, and enhance the quality of life for Lagos residents. 


This successful bond issuance demonstrates Lagos' resilience and the trust investors have in our ability to judiciously deploy funds for development. I want to express my gratitude to the investors who believe in our tremendous potential. 


We remain committed to transparency and disciplined financial decisions as we build a Greater Lagos for generations to come.".


PIX 1166: Lagos State Governor , Mr Babajide Sanwo-Olu (middle), Deputy Governor, Dr Obafemi Hamzat (left) and Commissioner for Finance, Dr Rabiu Olowo (right) during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5090 L-R: Lagos State Governor , Mr Babajide Sanwo-Olu; Commissioner for Finance, Dr Rabiu Olowo and committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo  during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 1243 L-R: Permanent Secretary, Debt Management Office; Lagos State, Mrs Rukayat Alake Sanusi;  Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat; Managing Director, Chapel Hill Denham Advisory, Mrs Kemi Awodein; Governor Babajide Sanwo-Olu; Director, Lotus Financial Services Ltd., Mrs Ajara Adeola; Commissioner for Finance, Dr Rabiu Olowo;  committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo and Commissioner for Economic Planning and Budget, Mr Sam Egube during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5092 L-R: Lagos State Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat; Governor Babajide Sanwo-Olu; Commissioner for Finance, Dr Rabiu Olowo and his counterpart for Economic Planning and Budget, Mr Sam Egube during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5103 L-R: Lagos State Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat;  Managing Director, Chapel Hill Denham Advisory, Mrs Kemi Awodein; Governor Babajide Sanwo-Olu; Director, Lotus Financial Services Ltd., Mrs Ajara Adeola; Commissioner for Finance, Dr Rabiu Olowo and committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


 


PIX 1330: Lagos State Governor , Mr Babajide Sanwo-Olu, flanked by Deputy Governor, Dr. Obafemi Hamzat (left), Commissioner for Finance, Dr Rabiu Olowo (right) and others during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.

More photos below. 





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