Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    FG Approves Health Insurance for Prison Inmates

    October 15, 2026

    Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu

    October 15, 2026

    CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves –  IMF

    October 15, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FG Approves Health Insurance for Prison Inmates
    • Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu
    • CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves –  IMF
    • Naira Sees Soft Rally as Interbank FX Activities Slow
    • NGX Index Climbs 0.01% as Bulls Struggle to Gain Momentum
    • XRP Inches Up as Cross River Taps Ripple USD Stablecoin for Payment
    • Nigeria’s Headline Inflation Rate Drops to 14.63% in Sept.
    • US, European Stocks Mixed as Inflation Boosts Odds of Fed Rate Hike
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, October 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » NDLEA Bursts Warehouse, Seizes N4.7b Drugs

    NDLEA Bursts Warehouse, Seizes N4.7b Drugs

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 16, 2024 News No Comments2 Mins Read
    NDLEA Bursts Warehouse, Seizes N4.7b Drugs
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    NDLEA Bursts Warehouse, Seizes N4.7b Drugs

    Officers of the Special Operation Unit of the National Drug Law Enforcement Agency (NDLEA) in Aba have discovered a cartel controlled by three suspected drug barons.

    The agency’s Director, Media and Advocacy Femi Babafemi, announced this on Sunday in Abuja.

    The agency said that the suspects were arrested and the warehouses linked to the drugs were “taken down”.

    The agency said further that substances suspected to be cocaine and methamphetamine in consignments were seized.

    It said that the drugs could worth more than N4.1 billion in street value.

    Babafemi said that the special operation was conducted between June 13 and June 14 at Boundary Avenue and a residence on Ohia road in Aba.

    “Months of intelligence gathering led to the arrest of the leaders and the seizure of 20.76 kg of cocaine and methamphetamine from them.

    He also said that the operatives of the agency in Lagos State uncovered an expansive warehouse stocked with a large consignment of a substance suspected to be codeine-based syrup located in Kirikiri.

    Babafemi said that four persons were suspected to be connected with the importation and distribution of the substance.

    He said that they were arrested during an intelligence-led raid on the facility.

    “No few than 82,000 bottles of the opioid worth more than N600 million in street value were recovered from them.

    “Also, a truck and two buses used for distributing the substance were recovered from the premises on June 10”, he said. #NDLEA Bursts Warehouse, Seizes N4.7b Drugs

    NEPZA Intensifies Effort to Retain Coys in Nigeria

    NDLEA
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    FG Approves Health Insurance for Prison Inmates

    Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu

    CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves –  IMF

    Naira Sees Soft Rally as Interbank FX Activities Slow

    NGX Index Climbs 0.01% as Bulls Struggle to Gain Momentum

    XRP Inches Up as Cross River Taps Ripple USD Stablecoin for Payment

    Add A Comment

    Comments are closed.

    Editors Picks

    FG Approves Health Insurance for Prison Inmates

    October 15, 2026

    Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu

    October 15, 2026

    CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves –  IMF

    October 15, 2026

    Naira Sees Soft Rally as Interbank FX Activities Slow

    October 15, 2026

    NGX Index Climbs 0.01% as Bulls Struggle to Gain Momentum

    October 15, 2026
    Latest Posts

    FG Approves Health Insurance for Prison Inmates

    October 15, 2026

    Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu

    October 15, 2026

    CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves –  IMF

    October 15, 2026

    Naira Sees Soft Rally as Interbank FX Activities Slow

    October 15, 2026

    NGX Index Climbs 0.01% as Bulls Struggle to Gain Momentum

    October 15, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.