NDLEA auctions forfeited Lagos hotel, other properties for N6.15 billion (opens original article in a new tab)

NDLEA auctioned a Lagos hotel and three other properties confiscated from drug traffickers for N6.15 billion, part of efforts to recover illicit proceeds and disrupt criminal networks.

• NDLEA auctioned a Lagos hotel and three other properties for N6.15 billion
• Five properties were sold with the hotel in Victoria Island fetching N5.9 billion
• Auction followed court orders under Nigeria's asset recovery laws
• NDLEA emphasized transparency and legal compliance in the process