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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NIGERIA’S INFLATION TO INCREASE, TRUMP MAY REVERSE TARIFFS — ECONOMIST REWANE. (PHOTO).

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 Nigeria’s inflation to increase, Trump may reverse tariffs — Economist Rewane


The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said the recent rise in the price of petrol may cause an increase in Nigeria’s inflation rate from 23.18%.

Rewane stated this on Channels Television’s Business Morning show on Tuesday.

“There might be an increase in the rate of inflation because of the increase in the price of petrol but we haven’t seen the corresponding increase in the prices of transport fares so far.

“What we’ve seen in the last few days is that food commodity prices have increased, coupled with the fact that the planting season is here,” he said.

The economist said uncertainties and the fears of recession have become very palpable with the imposition of tariffs on imported products to the United States by the Donald Trump presidency.

According to him, the prices of gold and crude oil have been impacted by the tariff war started by the Trump presidency.

“The United States has disrupted things with its policy initiatives. The United States, I think, will reverse some of those decisions when they begin to impact everybody. We are in a political system. 2026 is going to be mid-term elections and I think the United States is going to begin to retrace some of its steps,” he added.

The economist, however, warned against panic, saying the volatility would be for a short while.

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