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...

PRESIDENT TINUBU NOMINATES LAMIDO ABUBAKAR YUGUDA AS CBN DEPUTY GOVERNOR. (PHOTO).#PRESS RELEASE


 STATEHOUSE PRESS RELEASE 


President Tinubu nominates Lamido  Abubakar Yuguda as CBN Deputy Governor 


President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate.


The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.


Yuguda’s nomination follows the recent appointment of the erstwhile Deputy Governor, Mr Bala Bello, as Special Adviser to the President on Political Economy.


The President charges them to discharge their responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth, in their respective roles.   


Lamido Yuguda's last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.


He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.  In 1991, he obtained a master's degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.


He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.


He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.


He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.  He retired from the CBN in 2016, after serving as Director of the Reserve Management Department for six years. 


-Bayo Onanuga

Special Adviser to the President,

(Information and Strategy)

March 11, 2026

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