NDLEA Sells Off Drug Lords’ Mansions and Luxury Cars in Landmark Auction
NDLEA Sells Off Drug Lords’ Mansions and Luxury Cars in Landmark Auction
By Achimi Muktar
In a bold move to cripple the financial networks of drug cartels, the National Drug Law Enforcement Agency (NDLEA) on Tuesday auctioned off properties and assets seized from convicted traffickers, raking in millions of naira.
The auction, held in Abuja, featured high-end houses, luxury cars, and other assets once owned by Nigeria’s most notorious drug barons. NDLEA Chairman, retired Brig. Gen. Buba Marwa, assured bidders that the process was conducted with full transparency and integrity.
“No More Second Chances for Drug Lords” – Marwa
Speaking at the event, Marwa emphasized that the auction was part of the agency’s mission to dismantle the financial empires of traffickers and disrupt their illicit operations.
“In the past, when drug traffickers got convicted, they didn’t feel too bad because they knew their money, houses, and bank accounts would still be waiting for them after their release,” he said. “But that’s no longer the case. Now, once they’re in jail, they lose everything.”
Marwa recounted a personal experience where a friend’s representative was misled during a government bidding process, vowing that such malpractice would not happen under NDLEA’s watch.
“I assure you, there are no games here. Everything is done on merit,” he stated.
Big Money, Big Controversy
While bidders scrambled for prime assets in Lagos, Ogun, Akure, and Abuja, some raised concerns about the valuation process. Chief Iyke Nwoko, former National Treasurer of the Nigeria Association of Auctioneers, criticized the government’s pricing strategy, arguing that it placed properties out of reach for many buyers.
“For instance, if it costs ₦3 million to build a structure, the Ministry of Works might value it at ₦6 million or ₦7 million, making it difficult for people to bid,” Nwoko said, calling for a review of the pricing system.
A Win for Anti-Corruption and National Security
Mrs. Grace Orieoma, Director of the Proceeds and Crime Department at the ICPC, hailed the auction as a significant victory in Nigeria’s anti-corruption efforts. She noted that beyond stripping criminals of their wealth, the auction also generated revenue for the government.
“This initiative sends a clear message: crime does not pay,” she remarked.
Observers from civil society organizations also applauded NDLEA’s commitment to transparency, urging the agency to maintain its momentum in the fight against drug-related crimes.
What’s Next?
As NDLEA continues its crackdown on drug cartels, the agency remains focused on ensuring that convicted traffickers never profit from their illegal dealings. With more assets set for forfeiture in the coming months, this auction is just the beginning.
For now, the once-lavish lifestyles of Nigeria’s drug lords are officially up for sale to the highest bidder.