Adebayo Adenrele




The National Drug Law Enforcement Agency (NDLEA) has seized assets of 249 exotic Cars, 37 Mansions and 600 bank accounts of drug barons between January 2021 and August 2022.

This is disclosed in a document made available to the Press by the NDLEA spokesman, Femi Babafemi.

The agency’s seizures came against the backdrop of the categorisation of Nigeria by the United Nations Office on Drugs and Crime as the transit point for “heroin and cocaine intended for European, East Asian, and North American markets.

The document also said it was faced with the “overwhelming task of drug control in a country with an exceptionally high prevalence of drug use of 14.4 per cent.”

Explaining the seizures by the agency in the last 20 months, Babafemi said 286 assets were confiscated and 600 bank accounts were frozen.

He stated that the assets of drug barons consisted of “249 exotic vehicles seized and 37 properties forfeited, all scattered across the country.”

The NDLEA also indicated that it seized N871.53m worth of illegal drug funds between January 2021 and August 2022.

Under its drug supply reduction efforts, it stated, “Assets and financial investigation: Illicit drug funds that were investigated and seized include Final Forfeiture―(i.) One million, three hundred and nineteen thousand, four hundred dollars ($1,319,400) (ii.) One hundred and two thousand pounds (£102,000) (iii.) Fourteen million CFA Francs (CFA 14, 000, 000) ― and Interim forfeiture―Two hundred and fifty-two million, forty hundred and seven thousand, seven hundred and twenty-six-naira, twenty Kobo, (N252,407,726.20).”