General
NDLEA Seizes N4.8bn Narcotics At Alaba Trade Fair Warehouse
By Adedapo Adesanya
The National Drug Law Enforcement Agency (NDLEA) on Saturday seized multi-billion naira worth of illicit drugs at a warehouse tucked in the midst of the popular International Trade Fair Complex, Alaba, Ojo area of Lagos.
This was disclosed in a statement released by the media officer of the NDLEA, Mr Femi Babafemi, on Sunday.
According to the statement, 1.4 million pills of tramadol 225mg weighing 826kgs; 3.2 million pills of codeine with a gross weight of 3,360kgs; and 2,841 cartons of codeine syrup containing 284,100 bottles with 28,410 litres of the psychoactive substance, with a combined street value of N4.8 billion were recovered from the warehouse owned by a suspected billionaire drug baron.
It was revealed that during the operation that lasted hours, a suspect, Mrs Paulinus Ojukwu, who is Chief Security Officer to the wanted suspect, who parades as an automobile spare parts dealer, was arrested and now assisting in ongoing investigation.
The latest drug warehouse bust is coming on the heels of the arrest of Mrs Faith Ebele Nwankwo, who was nabbed on Wednesday, August 9, with 2.7 million pills of Tramadol, a brand of tramadol 225mg and 250mg recovered from her residence at House 6, C close, 3rd Avenue, Festac area of Lagos and a warehouse located at Plot 3432 Sola Akinsola Street, Divine Estate, Amuwo Odofin, Lagos.
Meanwhile, NDLEA operatives on Friday, August 18, intercepted $20 million suspected to be counterfeit during a stop and search operation along Abaji – Lokoja Road within the Federal Capital Territory.
The suspected fake money was recovered from a bus coming from Lagos to Abuja, while the 53-year-old driver of the vehicle, Mr Onyebuchi Nlededin, was arrested.
The previous day, Thursday, August 17, the NDLEA said that Mr Jude Ndubuisi, 52, was arrested with 2.2 kilograms of methamphetamine during a raid operation at Kabusa village, FCT.
The suspect was initially arrested with 20.75kg of cannabis on July 7, 2022, and was on court bail following his ongoing prosecution when he was nabbed for yet another drug crime.
Another raid of two notorious drug joints within the FCT: Dei Dei and Tora-Bora Hills, led to the recovery of 82.8kg skunk, 1.8kg rohypnol, and 1.2kg diazepam on Wednesday, August 16.
In Osun, NDLEA operatives, in the early hours of Saturday, destroyed clusters of cannabis farms measuring about 3.49000 hectares (over 7.5 tons) at Mopatedo in the Ifedayo local government area of the state.
Two suspects: Mr Sunday Otogbo, 40, and Mr Peter Andel Makra, 35, were arrested inside the cannabis farms. An additional 30kg of cannabis weeds and 16.9kg of cannabis seeds were also recovered from the farms.
At least three suspects: Mr Ndubuisi Okorie, 44; Mr Ebilima Emmanuel, 38, and Mr Okechukwu Anthony Smart, 40, were arrested in connection with the seizure of 168kg cannabis consignment from them when their vehicle was intercepted along Owerri-Onitsha expressway, Imo state on Saturday, August 19.
Another shipment of controlled drugs containing 6,000 capsules of tramadol, 1,200 tablets of swinol, 155 bottles of codeine syrup, and 20 tabs of Molly was equally seized on the same road on Sunday, August 13, while a follow-up operation in the Oyigbo area of Port Harcourt, Rivers state led to the arrest of the owner of the consignment, Mr Remigius Ogechukwu, 33.
While a teenager, Mr Boniface Odinakachukwu, 19, was apprehended with 99.4kg skunk at Isikwe Road, Achi in Oji-River LGA, Enugu state on Friday, August 18, a wanted teenage bandit, Mr Aliyu Mohammed Altine, 19, was arrested by NDLEA operatives along Illela- Sokoto road with some wraps of skunk on Thursday, August 17. The suspect, who is on the wanted list of the police, has since been transferred to the police in Sokoto state for further investigation.
By Modupe Gbadeyanka
A leading gas and power company in sub-Saharan Africa, Axxela Limited, has expanded its natural gas pipeline network with new customers.
The new customers include Radisson Blu Anchorage Hotels, Sheraton Hotels, Jawa International Limited, Solem Agro, and Abimbola Agro, among others.
The company’s customer connections span the manufacturing, hospitality, pharmaceutical, and fast-moving consumer goods (FMCG) sectors.
The new clients were facilitated through Gaslink Nigeria Limited (Gaslink), one of Axxela’s subsidiary companies.
“These connections go beyond the expansion of our customer portfolio; they reflect our commitment to broadening energy access for businesses across critical sectors of the economy and supporting Nigeria’s drive towards increased domestic gas utilisation.
“By enabling these businesses to embrace cleaner and more affordable energy solutions, we are helping to improve their operational efficiency while also supporting their environmental sustainability goals,” the Executive Vice President for Axxela Gas Distribution, Mr Kehinde Alabi, said.
“We recognise that collaboration with key players across diverse sectors is essential to powering industries and shaping a more sustainable future for Nigeria and the region.
“These new connections underscore our commitment to expanding domestic gas use, reducing carbon footprints, and providing cost-effective energy alternatives in line with the Federal Government’s energy transition objectives,” he added.
Through its growing infrastructure investment footprint, Axxela continues to play a pivotal role in unlocking the economic potential of natural gas by advancing domestic gas utilisation, enabling industrialisation, and supporting a sustainable energy transition in line with the federal government’s vision of a gas-powered economy.
By Aduragbemi Omiyale
Banks operating in Nigeria have been charged to further deepen and prioritise financial inclusion, women’s empowerment and sustained growth.
This call was made by the Chartered Institute of Bankers of Nigeria (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB).
They want financial institutions to deploy strategic mandates and frameworks aimed at closing the financial gap and empowering small and medium enterprise (MSME) owners.
At a courtesy visit to congratulate Mr Dele Alabi on his investiture as the 24th head of CIBN on May 16, 2026, the president of ACAMB, Mr Jide Sipe, said his group was ready to work closely with CIBN to achieve these goals.
According to him, closing the imbalances in financial access helps economies grow faster, reduces inequality, and encourages greater civic participation by all.
Mr Sipe also used the occasion to announce ACAMB’s 30th anniversary, marking three decades of excellence, industry collaboration, professional development, and impactful contributions to the Nigerian banking and financial services sector.
“The association is pleased to announce the celebration of its 30th anniversary, marking three decades of excellence, industry collaboration, professional development, and impactful contributions to the Nigerian banking and financial services sector,” he said.
The ACAMB leader also formally invited the CIBN president to chair the anniversary Gala Night slated for Wednesday, September 30, 2026.
“We are inviting industry leaders to this anniversary and recognising many people who have stood by ACAMB over the years,” he stated, soliciting the institute’s support through attendance and the invitation of bank managing directors.
In his remarks, Mr Alabi thanked ACAMB for the visit, promising that the institute will prioritise financial inclusion and women’s empowerment.
He said access to savings, micro-credit, and insurance acts as a safety net during crisis and allows them to significantly improve living conditions.
At his investiture over two months ago, Mr Alabi unveiled his IMPACT Vision, themed Consolidating Our Local Impact, Enhancing Our Global Relevance.
The vision rests on six pillars: Inclusion across geographic, gender, and generational lines; Membership growth and quality; Professionalism and ethics; Accountability; Competencies and skills development; Technology, automation, and innovation. Other areas of shared interest include women empowerment, financial inclusion and literacy, as well as MSME clinics, all of which are top on his agenda.
Mr Alabi added that CIBN would be happy to drive joint knowledge sharing and exchange sessions with CBN and ACAMB across various platforms, saying, “Educating the public through public awareness programmes, with ACAMB as the rallying point, is central to what we do.”
“To this end, we intend to contribute our quota in supporting banks and financial institutions in driving gender-focused financial inclusion to close the 9 per cent gender gap in access to formal financial services,” he added.
By Adedapo Adesanya
The Nigeria Customs Service (NCS) has launched the pilot phase of its Management Information System (MIS) and Electronic Cargo Tracking System (ECTS) at the PTML Area Command, Lagos, as it pushes its modernisation drive aimed at enhancing trade facilitation, operational efficiency and service delivery.
The pilot launch was led by the Deputy Comptroller-General of Customs in charge of ICT/Modernisation, Mrs Oluyomi Adebakin, who represented the Comptroller-General of Customs, Mr Adewale Adeniyi.
She commended the PTML Area Command for its exceptional level of preparedness, describing its readiness as a testament to the collaborative efforts and commitment of officers towards the successful implementation of the initiative.
“Modernisation and digitalisation are no longer optional. As the lead agency in border management, the Nigeria Customs Service cannot afford to lag. If we don’t move with the cloud, we will be left behind. This pilot phase reflects our commitment to building a modern Customs Service that meets global standards,” she said.
In his welcome address, the Acting Customs Area Controller, PTML Area Command, Deputy Comptroller Nura Miko, said the command continues to prioritise trade facilitation while maintaining a balance with revenue generation and national security.
He disclosed that PTML, which currently achieves cargo clearance within two hours, is working towards reducing the clearance time to one hour through digital innovation and improved operational processes.
“At PTML, trade facilitation remains our priority. Having achieved a two-hour cargo clearance time, we are now working towards reducing it to one hour through the deployment of these digital platforms and continuous process improvements,” Mr Miko said.
The event featured a live demonstration of the MIS and ECTS by the Service’s ICT Unit, which explained that the in-house developed applications are highly scalable and designed to support indigenous technology development.
The team showcased key modules, including the Duty Roster, Internal Roster, File Tracker and Posting Management, while disclosing that officer onboarding, user training and deployment of the Electronic Cargo Tracking System are already underway as part of the pilot phase.
