The National Drug Law Enforcement Agency (NDLEA) conducted a public auction of forfeited properties linked to drug trafficking proceeds or used in drug-related crimes.

The auction was held at the NDLEA’s National Headquarters in Abuja and was attended by pre-qualified auctioneers, bidders, representatives of civil society organisations, media personnel, and government officials.

Chairman and Chief Executive (CEO) of NDLEA, Brigadier General Mohamed Marwa (Rtd.), explained that the auction is part of the Agency’s strategic efforts to dismantle drug trafficking networks by depriving offenders of their illicit wealth in accordance with legal frameworks.

Represented by the agency’s secretary, Mr. Shadrack Haruna, Marwa said, “This auction is part of our broader commitment to transparency and justice.”

“Beyond prosecuting drug offenders, we seek to neutralise financial incentives driving these crimes through legal forfeiture. It serves as both punishment and deterrence.”

The auction included eight forfeited properties from Lagos, Kano, Ondo, and Ogun states. Two properties in Lekki and Ikorodu areas of Lagos were withdrawn due to appeal notices. Six properties were auctioned, with only two fetching over N139 million, while the others received no bids or offers below the reserve price.

Umar Yakubu from the Centre for Transparency and Integrity Watch commended the NDLEA for conducting a transparent and credible auction process that complies with international best practices.

He highlighted the significance of public accountability in the Agency’s efforts.

Additionally, Jerry Aernan, Director of Proceeds of Crime Management at NDLEA, stated that the auctioneers were pre-qualified by the Bureau of Public Procurement to ensure integrity.

Successful bidders are required to pay 10 per cent of their bid value within fourteen days to confirm their interest, with the full payment due within a specified timeframe.