Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1bn

Nigeriannewsdirect | 16-06-2026 01:44pm |

A hotel located in Lagos, along with three additional properties that were confiscated from drug kingpins, has been auctioned for a total of N6.1 billion. The assets were seized by the National Drug Law Enforcement Agency (NDLEA) and subsequently forfeited to the Federal Government. The auction is part of the government's ongoing efforts to combat drug-related crimes and utilize the proceeds for public welfare initiatives. The sale reflects the agency's commitment to dismantling drug trafficking networks and repurposing illicit gains for the benefit of society.

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