• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, January 23, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

NDLEA Secures Final Forfeiture of Multi-billion Naira Hotel, Other Assets

Nathaniel Irobi by Nathaniel Irobi
August 5, 2025
in News
0
NDLEA Secures Final Forfeiture of Multi-billion Naira Hotel, Other Assets
0
SHARES
29
VIEWS
FacebookTwitterWhatsappEmailTelegram

The National Drug Law Enforcement Agency (NDLEA) has secured the final forfeiture of a multi-billion naira 80-room hotel and lounge in Victoria Island, Lagos, linked to an illicit drug trafficking cartel, along with other assets.

The Director, Media and Advocacy, NDELA, Mr Femi Babafemi said this in a statement on Tuesday in Abuja.

RelatedPosts

We Fully Cater For Our Staff — Pastor Korede Komaiya

EFCC Uncovers N162bn Illegal Crypto Flow Through Fintechs

I’m Comfortable in PDP, Despite Crisis, Says Seyi Makinde

Babafemi described the success as another high-impact breakthrough in the agency ongoing war against illicit drug trafficking across Nigeria.

He said that the 80-room hotel in Victoria Island, Lagos, was used as a cover for distributing illicit substances and was raided between April 25, and April 26, by NDLEA operatives.

He added that the operatives of the NDLEA, after hours of combing the rooms, recovered 589 bags of Canadian Loud, a strong strain of cannabis.

According to him, this is with a total weight of 417.3 kilograms, which worth N1.042 billion in street value.

“The landed property situated at No. 16 Waziri Ibrahim St. off Elsie Femi Pearse Road, Victoria Island, Lagos, was forfeited along with other items.

“Items include Toyota Sienna vehicle marked KJA 79 HJ, Volkswagen delivery van numbered AAA 525 JE, KIA Ceranto car with plate number BDG 860 GQ, black-coloured Land Cruiser Prado with plate number AKD 472 DZ

“Red Colour Grand Caravan Dodge with plate number APP 847 YF, white coloured-Mazda Bus marked KTU 241 AAA, Mercedes Benz Truck with registration number ASB 500 XY

ALSO READ:  Junta-led Sahel states ready joint force of 5,000 troops

“Gold Colour Toyota Corolla Car with registration number EKY 295 JT, Ash coloured Sienna Mini Bus, 84 Television Sets, 70 Air conditioners and 13 New fridges, “he said.

Babafemi said that the final forfeiture orders were issued on July 18, by Justice Ibrahim Ahmad Kala following the motion number FHC/L/MISC/447/2025 filed by NDLEA.

Reacting to the forfeiture court judgments, NDELA Chairman, Brig.-Gen. Buba Marwa(Rtd), commended the people who handled the various cases.

Marwa also commended the judiciary for delivering swift judgments that reinforced the deterrent impact of the NDLEA’s efforts

“Nothing serves the cause of justice more than when the criminals are made to forfeit all they have acquired through the proceeds of their illicit drug trade.

“We’re happy with this kind of judicial pronouncements, which will not only encourage our men to do more but will have long-lasting impact on our drug control efforts,” he said.(NAN)

Tags: hotelNDLEA
Previous Post

Nwifuru Lifts 1 Month Suspension On 81 Appointees

Next Post

JUST IN: Notorious Terror Leader Bello Turji Lays Down Arms, Frees 32 Hostages in Zamfara

Nathaniel Irobi

Nathaniel Irobi

Related Posts

We Fully Cater For Our Staff — Pastor Korede Komaiya

We Fully Cater For Our Staff — Pastor Korede Komaiya

by Elanza
January 23, 2026
0

The presiding pastor of master's place international church, Pastor Korede Komaiya has said; "We take care of the welfare of...

EFCC Uncovers N162bn Illegal Crypto Flow Through Fintechs

EFCC Uncovers N162bn Illegal Crypto Flow Through Fintechs

by Nathaniel Irobi
January 23, 2026
0

The Economic and Financial Crimes Commission (EFCC) has implicated a new generation bank, six fintechs and microfinance banks in major...

I’m Comfortable in PDP, Despite Crisis, Says Seyi Makinde

I’m Comfortable in PDP, Despite Crisis, Says Seyi Makinde

by Nathaniel Irobi
January 23, 2026
0

Governor Seyi Makinde of Oyo says he has no reason to dump the Peoples Democratic Party (PDP), declaring that he...

Next Post
JUST IN: Notorious Terror Leader Bello Turji Lays Down Arms, Frees 32 Hostages in Zamfara

JUST IN: Notorious Terror Leader Bello Turji Lays Down Arms, Frees 32 Hostages in Zamfara

Education Ministry Denounces Smear Campaign Against UBEC Executive Secretary

Education Ministry Denounces Smear Campaign Against UBEC Executive Secretary

Recommended

Dr. Kashim Akor Bags Chieftaincy Title of Ufane Ane Ankpa Kingdom

Dr. Kashim Akor Bags Chieftaincy Title of Ufane Ane Ankpa Kingdom

2 days ago
25-year-old Quack Doctor Operating Illegal Clinic Nabbed in Ondo

25-year-old Quack Doctor Operating Illegal Clinic Nabbed in Ondo

4 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Opinion: The Philanthropic Footprint of Engr. Haruna Gimba Ladan

    0 shares
    Share 0 Tweet 0
  • Gunmen Kill Brother Of Kaduna Governor’s Aide

    0 shares
    Share 0 Tweet 0
  • Senator Katung’s Leadership Style In Kaduna South

    0 shares
    Share 0 Tweet 0
  • Gunmen Strikes Lere Local Gov’t Of Kaduna, Four Feared Dead

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (812)
  • Education (249)
  • Entertainment (338)
  • Health (233)
  • National (2,983)
  • News (9,532)
  • Opinion (388)
  • Politics (1,889)
  • Science (15)
  • Security (412)
  • Sports (593)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform