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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'MAY 29 INAUGURATION SACROSANCT ',IGP BOWS TO DEFEND DEMOCRACY. (PHOTO).

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 ‘May 29 Inauguration Sacrosanct’, IGP Vows To Defend Democracy

The Inspector-General of Police (IGP), Usman Baba says the May 29 inauguration of former Lagos State Governor, Bola Tinubu as the President of Nigeria remains sacrosanct and can’t be altered.

“The 29th May, 2023 date for the swearing-in ceremony of the President-elect of the Federal Republic of Nigeria and indeed, other inauguration ceremonies at national and State levels is sacrosanct,” the IGP said while briefing reporters in Abuja on Monday.

He vowed to do everything possible alongside other security operatives to defend democracy.

The police boss, therefore, warned political actors trying to foment trouble or frustrate the inauguration of newly elected leaders to desist from such plans.




 

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