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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EFCC PRESENTS N76.586 BILLION BUDGET PROPOSAL TO HOUSE OF REPS. (PHOTOS).#PRESS RELEASE

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EFCC Presents N76.586 billion Budget Proposal to House of Reps

The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 5, 2023, presented a budget of N76.586billion (Seventy Six Billion, Five Hundred and Eighty Six Million Naira) as its budget proposal for 2024 to the House of Representatives’ Committee on Financial Crimes.

The proposed budget represents a 53.48% increase over and above the Commission’s 2023 appropriation of N49.901billion (Forty Nine Billion, Nine Hundred and One Million Naira).  In the budget estimate,  a total sum of N37.074 billion( Thirty Seven Billion, Seventy Four Million Naira) was proposed as personnel cost, N14.513billion( Fourteen Billion, Five Hundred and Thirteen Million Naira) as overhead cost and N25.000( Twenty Five Billion Naira) as capital cost.

Presenting the budget to the House of Representatives Committee on Financial Crimes,  Executive Chairman of the EFCC, Ola Olukoyede stated that the 2024 proposed estimate of N76.486 billion represented a significant increase over  2023’s N49.901 billion budget owing to additional funds needed for overhead, personnel and capital costs.

“This increase is solely attributable to the increase in personnel cost from N36.834billion to N37.074billion in 2024, overhead cost from N10.535billion to 14.513billion in 2024 and capital cost from N2.531billion to N25.000billion in 2024,” he said.

Commenting on the 2023 budget performance, Olukoyede explained that the sum of N36.835billion was appropriated as the Commission’s personnel cost for the year, “out of this figure, the sum of N28.452billion representing 77% has been released for the payment of salary and allowances of staff on the Commission’s payroll between January and November 2023. He added that the “the sum of N7.024billion representing 67% of the N10.535 billion appropriated for the Commission for its overhead cost in 2023 has so far been released.”

The EFCC Chairman further stated that the Commission’s request for additional funds for overhead is due to high cost of air travel ticket, motor vehicle fuel cost, diesel cost and high cost of maintenance of buildings, operational vehicles and office equipment in the headquarters and fourteen Zonal Commands.

 He appreciated the Committee’s support for the Commission in the discharge of its duties and the successes it is achieving in the fight against economic and financial crimes and other acts of corruption.

Responding, Chairman,  House  Committee on Financial crimes, Ginger Obinna stated that financial crimes pose a significant threat to the stability and progress of any economy. “In recent years, our nation has witnessed a surge in sophisticated financial crimes that demand our immediate attention and robust defense mechanisms.  From money laundering to cybercrimes, the challenges are multifaceted and ever-evolving. 

It is our duty to stay ahead of these threats, adapt our strategies and equip ourselves adequately to counteract the forces that seek to undermine our economic wellbeing and that of our nation.”

He stated that the budget’s defence and discussions on issues related to it was a reflection of the Committee’s commitment to creating an environment where citizens can trust the financial institutions that drive the economy and which will empower the EFCC to carry out its vital duty. “It is a pledge to provide the necessary resources to empower the Economic and Financial Crimes Commission to carry out its vital mission effectively,” he said.

More photos below.



 

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