DELTA STATE: ARREST OF SUSPECTED KIDNAPPERS, GUN RUNNERS AND; RECOVERY OF TWO (2) AK-47 RIFLES, AND THIRTY-SIX (36) ROUNDS OF LIVE AMMUNITION. (PHOTOS). #PRESS RELEASE.

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 DELTA STATE COMMAND PRESS RELEASE ARREST OF SUSPECTED KIDNAPPERS, GUN RUNNERS AND; RECOVERY OF TWO (2) AK-47 RIFLES, AND THIRTY-SIX (36) ROUNDS OF LIVE AMMUNITION The Delta State Police Command has recorded another major breakthrough in an intelligence-led operations targeting suspected kidnappers and illegal arms trafficking syndicate within and beyond the State. 1. ARREST OF FIVE SUSPECTED KIDNAPPERS/ RECOVERY OF ONE AK-47 RIFLE AND THIRTY-SIX (36) ROUNDS OF 7.62MM LIVE AMMUNITION: On 24 April 2026 at about 1830hrs, operatives of the command's tactical team based in Ughelli, acting on credible intelligence arrested one Ahmadu Usman (m), 22, a native of Lafiya, Nasarawa State, at Ekuigbo area of Ughelli in connection with a kidnapping syndicate terrorising commuters along Ughelli–Warri Road. Further interrogation led to the arrest of Haruna Abdullahi (m), 37, at Trailer Park along Warri–Sapele Road and one AK-47 rifle loaded with thirty-six (36) rounds of 7.62mm live ammunition w...
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LAUNCH OF THE FIVE BILLION SERIES 1 OF THE 30 BILLION EKO RICE RICE CONTRACTS PROGRAMMES ON THE LAGOS COMMODITIES AND FUTURES EXCHANGE. (PHOTOS).#PRESS RELEASE.

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GOV SANWO-OLU ATTENDS LAGOS COMMODITIES AND FUTURES EXCHANGE LAUNCH: 5 BILLION SERIES 1 OF THE 30 BILLION EKO RICE CONTRACTS PROGRAMMES, AT THE UAC BUILDING, MARINA, ON WEDNESDAY, 21ST JUNE 2023

 
Dear Lagosians! 

I'm happy to announce the launch of the Five Billion Series 1 of the 30 Billion Eko Rice Contracts Programme on the Lagos Commodities and Futures Exchange. 

This revolutionary public-private partnership is a game-changer for agriculture and food security in Lagos State. 

Agriculture is a critical sector of our economy, and this programme positions Lagos as an innovative hub. By guaranteeing the availability of affordable rice, we're ensuring food security for over 80% of Lagos families and also empowering our local farmers and driving economic growth together. 

Our commitment to the development of the Rice Value Chain has yielded remarkable results. We've scaled up local paddy production by 63.5%, creating over 2,620 jobs and improving livelihoods in rice-producing communities. This is just the beginning of our agricultural revolution.

Today's bell ringing ceremony on Lagos Commodities and Futures Exchange is a historic moment. We're offering exciting investment opportunities in Lagos' agricultural sector, highlighting these investment opportunities and projecting the role of the Capital Market in driving development in Lagos' commodities ecosystem. Let's seize the potential!

Through our agreement with Lagos Commodities and Futures Exchange, we'll ensure a sustainable supply of paddy to the rice mill. Every three months, 15,000 metric tonnes of paddy will be milled and sold to the public through subscribers. This collaboration strengthens the rice value chain and boosts confidence in the market.

L-R: Chairman, Lagos Commodities and Futures Exchange (LCFE), Chief Onyenwechukwu Ezeagu; LCFE Managing Director/CEO, Mr Akinsola Akeredolu-Ale; Lagos State Governor, Mr Babajide Sanwo-Olu; his Deputy, Dr Obafemi Hamzat; former Special Adviser to the Governor on Agriculture (Rice Mill Initiative), Dr Rotimi Fashola and the Ayangburen of Ikorodu, Oba Kabiru Shotobi, during the Lagos Commodities and Futures Exchange launch of 5 Billion Series 1 of the 30 Billion EKO RICE Contracts Programmes, at the UAC Building, Marina, on Wednesday, 21 June 2023

 

L-R: Chairman, Lagos Commodities and Futures Exchange (LCFE), Chief Onyenwechukwu Ezeagu; LCFE Managing Director/CEO, Mr Akinsola Akeredolu-Ale; Lagos State Governor, Mr Babajide Sanwo-Olu; his Deputy, Dr Obafemi Hamzat and former Special Adviser to the Governor on Agriculture (Rice Mill Initiative), Dr Rotimi Fashola, during the Lagos Commodities and Futures Exchange launch of 5 Billion Series 1 of the 30 Billion EKO RICE Contracts Programmes, at the UAC Building, Marina, on Wednesday, 21 June 2023

 

L-R: Chairman, Lagos Commodities and Futures Exchange (LCFE), Chief Onyenwechukwu Ezeagu; LCFE Managing Director/CEO, Mr Akinsola Akeredolu-Ale; Lagos State Governor, Mr Babajide Sanwo-Olu; his Deputy, Dr Obafemi Hamzat and the Ayangburen of Ikorodu, Oba Kabiru Shotobi, during the Lagos Commodities and Futures Exchange launch of 5 Billion Series 1 of the 30 Billion EKO RICE Contracts Programmes, at the UAC Building, Marina, on Wednesday, 21 June 2023

 

L-R: Chairman, Lagos Commodities and Futures Exchange (LCFE), Chief Onyenwechukwu Ezeagu; LCFE Managing Director/CEO, Mr Akinsola Akeredolu-Ale; Lagos State Governor, Mr Babajide Sanwo-Olu; his Deputy, Dr Obafemi Hamzat; the Ayangburen of Ikorodu, Oba Kabiru Shotobi and former Special Adviser to the Governor on Agriculture (Rice Mill Initiative), Dr Rotimi Fashola, during the Lagos Commodities and Futures Exchange launch of 5 Billion Series 1 of the 30 Billion EKO RICE Contracts Programmes, at the UAC Building, Marina, on Wednesday, 21 June 2023.

More photos below. 



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