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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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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