Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    CBN to Open N1trn Treasury Bills for Subscription on Wednesday

    June 16, 2026

    MemeCore Price Rises 6.6% as Investors Speculate

    June 16, 2026

    ‘Why Insurance Penetration is Low in Nigeria – NCRIB

    June 16, 2026
    Facebook X (Twitter) Instagram
    Trending
    • CBN to Open N1trn Treasury Bills for Subscription on Wednesday
    • MemeCore Price Rises 6.6% as Investors Speculate
    • ‘Why Insurance Penetration is Low in Nigeria – NCRIB
    • EU Parliament Approves EU-U.S. Trade Deal Legislation
    • Federal Government Moves to Curb Rising Cooking Gas Prices
    • Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade
    • Nigerian Exchange Shrinks, Tier-1 Banks Drive N782bn Loss
    • Nigeria’s Foreign Reserves Near $51bn, Highest Since Jan. 2009
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, June 17
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » NDLEA Confiscates N4bn Worth of Cocaine at Lagos Airport

    NDLEA Confiscates N4bn Worth of Cocaine at Lagos Airport

    Marketforces AfricaBy Marketforces AfricaNovember 3, 2024 MarketNews No Comments2 Mins Read
    NDLEA Confiscates N4bn Worth of Cocaine at Lagos Airport
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    NDLEA Confiscates N4bn Worth of Cocaine at Lagos Airport

    The National Drug Law Enforcement Agency (NDLEA) has confiscated over N4 billion worth of cocaine at the Murtala Muhammed International Airport, MMIA, Ikeja.

    Mr Femi Babafemi, Director, Media and Advocacy, NDLEA, said this in a statement issued on Sunday in Lagos. Babafemi said the consignments, in 845 wraps, were confiscated by the agency’s operatives on Oct.,29.

    He added that the consignments, weighing 18.72 kilograms, were concealed in two lavatories of an Ethiopian-bound flight and that they were found during post landing cleaning of the  cabin.

    He said that the illicit consignments were wrapped in polythene bags and hidden in the waste collectors in the two rear lavatories of the aircraft when they were recovered.

    “No fewer than 30 suspects have so far been grilled in connection with the seizure.

    “Investigations revealed that the seized drugs were conveyed from Brazil to Ethiopia through ingestion and excreted in Addis Ababa by a set of couriers.

    “While some other traffickers picked them up and attempted to smuggle them into Nigeria through the Lagos Airport before their attempt was frustrated with the cooperation of the airline’s authorities and other airport stakeholders” Babafemi said.

    He further said the agency’s operatives also thwarted traffickers’ attempt to export 2.928kg cocaine, cannabis and tramadol 225mg concealed in body cream containers, including pieces of art work to Australia, United Arab Emirates and the United Kingdom.

    He said the syndicate had attempted to use some courier companies in Lagos to export the drug before were they blocked by NDLEA officers.

    Babafemi said that other  consignments, comprising 754, 000 pills of tapentadol and acetaminophen 225mg ,worth N525, 000,000, were intercepted at the Apapa seaport in Lagos on  Oct.29.

    He said the items were part of a targeted and watch-listed container from India, seized during a joint examination with men of Customs Service and other security agencies. #NDLEA Confiscates N4bn Worth of Cocaine at Lagos Airport CBN Defends Naira with $39m in Forex Market

    Banks CBN Naira NDLEA
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    CBN to Open N1trn Treasury Bills for Subscription on Wednesday

    ‘Why Insurance Penetration is Low in Nigeria – NCRIB

    EU Parliament Approves EU-U.S. Trade Deal Legislation

    Federal Government Moves to Curb Rising Cooking Gas Prices

    Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade

    Nigerian Exchange Shrinks, Tier-1 Banks Drive N782bn Loss

    Add A Comment

    Comments are closed.

    Editors Picks

    CBN to Open N1trn Treasury Bills for Subscription on Wednesday

    June 16, 2026

    MemeCore Price Rises 6.6% as Investors Speculate

    June 16, 2026

    ‘Why Insurance Penetration is Low in Nigeria – NCRIB

    June 16, 2026

    EU Parliament Approves EU-U.S. Trade Deal Legislation

    June 16, 2026

    Federal Government Moves to Curb Rising Cooking Gas Prices

    June 16, 2026
    Latest Posts

    CBN to Open N1trn Treasury Bills for Subscription on Wednesday

    June 16, 2026

    ‘Why Insurance Penetration is Low in Nigeria – NCRIB

    June 16, 2026

    EU Parliament Approves EU-U.S. Trade Deal Legislation

    June 16, 2026

    Federal Government Moves to Curb Rising Cooking Gas Prices

    June 16, 2026

    Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade

    June 16, 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.