Connect with us

Published

on

 

In what appears to be the biggest singular cocaine seizure in the history of Nigeria’s premier anti-narcotic agency, operatives of the National Drug Law Enforcement Agency, NDLEA, have busted a major warehouse in a secluded estate in Ikorodu area of Lagos where 1.8tons (1,855 kilograms) of the illicit drug worth more than Two Hundred and Seventy Eight Million Two Hundred and Fifty Thousand Dollars ($278, 250,000) equivalent of about One Hundred and Ninety Four Billion, Seven Hundred and Seventy Five Million (N194, 775,000,000) Naira in street value were seized.

 

At least, four drug barons including a Jamaican and the warehouse manager have been arrested in the well coordinated and intelligence led operation that lasted two days across different locations in Lagos state. Kingpins of the cocaine cartel in custody include: Messrs Soji Jibril, 69, an indigene of Ibadan, Oyo state; Emmanuel Chukwu, 65, who hails from Ekwulobia, Anambra state; Wasiu Akinade, 53, from Ibadan, Oyo state; Sunday Oguntelure, 53, from Okitipupa, Ondo state and Kelvin Smith, 42, a native of Kingston, Jamaica. They are all members of an international drug syndicate that the Agency has been trailing since 2018.

 

Located at 6 Olukuola crescent, Solebo estate, Ikorodu, the warehouse was raided on Sunday 18th September, 2022, while the barons were picked from hotels and their hideouts in different parts of Lagos between Sunday night and Monday 19th September.

 

Preliminary investigation reveals the class A drugs were warehoused in the residential estate from where the cartel was trying to sell them to buyers in Europe, Asia and other parts of the world. They were stored in 10 travel bags and 13 drums.

 

While commending all the officers and men of the Agency involved in the extensive investigation including those of the American Drug Enforcement Administration, (US-DEA), Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) said the bust is a historical blow to the drug cartels and a strong warning that they’ll all go down if they fail to realise that the game has changed.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Fidelity Bank Wins Best SME Bank Nigeria at Global Banking & Finance Awards 2022

Published

on

Fidelity Bank Plc, has been announced as the 2022 Best SME Bank in Nigeria by the Global Banking & Finance Review at its Annual Global Banking & Finance Awards which held in London, UK recently.

 

Global Banking & Finance Review is the leading online, digital, and print magazine for the banking and financial sector. The website receives over 7 million page views each year thanks to its balanced views and informative, independent news centered on the financial sector. The Global Banking & Finance Awards was created to recognize companies of all sizes that are prominent areas of expertise and excellence within the global financial community.

 

“Global Banking and Finance Review is privileged to honor those financial institutions that have achieved outstanding results and who stand out in their particular area of expertise in the banking and finance industry. Global Banking & Finance Review would like to congratulate the award winners and look forward to their continued success.

 

“The awards were created to recognize companies of all sizes that are prominent in particular areas of expertise and excellence within the financial community. They reflect the involvement of leading financial organizations and recognize the accomplishment, achievement, innovation, strategy, and progressive and motivating changes taking place within the financial sector”, reads a statement on the Global Banking and Finance Awards website.

 

Commenting on the award, MD/CEO Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe said, “We are grateful for this recognition and dedicate the award to our customers who rely on us to provide the right support for scaling their business. Receiving this award at the beginning of the year, provides us with increased motivation to do more in helping our clients achieve their strategic business goals.”

 

Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 7.2 million customers serviced across its 250 business offices and digital banking channels. The bank was recently recognized as the Best Private Bank in Nigeria and Best Private Bank Digital Solutions for Clients in Africa in the Global Finance’s World’s Best Private Banks 2023 Awards; as well as the Best Commercial Banking Brand in Nigeria by the Global Brands Magazine Awards. The bank has also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

Continue Reading

Business

Buhari Will Commission Dangote Refinery Before May 29 -Dangote Group

Published

on

The attention of Dangote group has been drawn to some misleading reports regarding the commissioning of its Dangote Refinery during the present working visit of President Muhammadu Buhari GCFR to Lagos State.

 

In a terse statement signed by the Group Chief, Branding & Communications Officer, Dangote Industries Limited, Mr Anthony Chiejina, the Group averred that “We want to state categorically that our 650,000 barrels per day (bpd) Refinery project was never part of the President’s programme on projects to be commissioned.

 

“For the record, the projects slated for commissioning in Lagos State by President Muhammadu Buhari GCFR include: Lekki Deep Sea Port; 32-Metric Tonnes Lagos Rice Mill, Imota; 18.75km Eleko to Epe T Junction Express road; John Randle Centre for Yoruba Culture and History, Onikan, Blue Line Rail (Phase 1) commissioning (Marina to Mile 2); Groundbreaking for the Blue Line Rail Phase 2 (Mile 2 to Okokomaiko), and MRS Lubricant, a private project in Apapa.

 

However, our Refinery will be commissioned before President Muhammadu Buhari GCFR formally leaves office in May, 2023, and the public will be duly informed and invited to the epic event.”

Before this statement today, Business Hilights recalls that there had been a fake news in an unverified twitter handle saying President Buhari will among other things commission the refinery which the company debunked and described as fake.

Continue Reading

Trending News