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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REPS APPROVE FINANCE MINISTRY AMENDMENT BILL FOR SECOND READING. (PHOTO).

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 Reps Approve Finance Ministry Amendment Bill for Second Reading


The House of Representatives on Tuesday passed for a second reading a Bill aimed at repealing the Ministry of Finance Incorporated Act of 1959 and replacing it with the Ministry of Finance Act of 2024.


Leading the debate on the Bill's general principles, Ademorin Kuye explained that the Ministry of Finance Incorporated (MoFI) was established in 1959 by an Act of Parliament to act as the sole custodian of Federal Government assets across the country. However, Kuye pointed out that since its inception, MoFI has failed to function effectively due to issues such as asset mismanagement, diversion, and abuse.


Kuye emphasized that the 1959 Act, which consists of only six sections, is outdated and lacks the framework necessary for MoFI to operate efficiently in modern Nigeria. He highlighted that the proposed new Act would introduce a comprehensive framework with 49 sections, addressing the conduct, management, and custodianship of Federal Government assets.


He further explained that, if enacted, the Bill would revitalize MoFI by establishing a robust institutional framework, improving its corporate governance, and outlining its organizational structure. The Bill aims to ensure better ownership, accountability, and management of federal assets, as well as to empower the corporation to contribute to economic growth through efficient asset management, preventing abandonment and misappropriation.


Kuye also noted that the Bill would provide a strong legal foundation for creating a national corporation capable of managing and optimizing over N300 trillion worth of federal assets. This would be achieved by granting MoFI specific powers and ensuring that its board is properly incentivized.

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