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Customs confiscate N4bn cocaine, arms from South Africa, Canada

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Comptroller General of Customs, Adewale Adeniyi

Customs confiscate N4bn cocaine, arms from South Africa, Canada

Cocaine, arms and ammunition worth N4.3bn has been intercepted and seized by the Nigeria Customs Service, Tincan Island Command.

According to the service, the seized contraband came from South Africa and Canada

The Comptroller General of Customs, Adewale Adeniyi, made disclosure while briefing journalists during the handing over of the seized contraband at the command on Thursday.

He added that the command also intercepted Colorado Indica weighing 32.5kilogram.

“Other seized contraband included 65 packets of Colarado Indica weighing 32.5kg, seized from a 40-foot container with number UACU 534833/6, imported from Canada; 17 packets of a substance weighing 16.690kg confirmed to be cocaine; 151 packets Colarado Indica weighing 107 kg; one piece Gen2 Air Soft Pistol with serial number, 471908, and an empty magazine.

“Forty nine rounds of 7.62 mm live ammunition, 197 rounds of 9mm live ammunition, precursor chemicals for the manufacture of crystal methamphetamine, eight bags of tartaric acid weighing 25kg, 100kegs of unspecified substances seized from one 40 foot container with number, MSCU 458177/0 imported from Durban, South Africa.”

“Forty packets of substances weighing 39.7kg confirmed to be Cocaine, 1026 packets weighing 688.2kg confirmed to be Colarado Indica, 2 pistols without serial numbers, one pistol with serial number, AZYSRA6YSO12101181, 3 empty magazines, 275 rounds of 5.5mm M16 Tavor live ammunition, six rounds of 9mm blank ammunition seized from one 40 foot container with serial number, Thru 796807/1 imported from Durban, South Africa were also seized,” Adeniyi said.

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The CGC said that the total seized substances were 56.39kg of cocaine valued at N2.3bn, 955kg of Colorado Indica valued at N1.9bn,” all with street value of N4.3bn.”

“The summary of the weapons seized were five pistols, 445 rounds of live ammunition and several empty pistol magazines.”

Adeniyi emphasised that the collaborative efforts with the National Drug Law Enforcement Agency had proved effective in pooling resources and intelligence to safeguard the nation’s borders.

The customs boss reiterated that the seizures had underscoreed a trend wherein criminal networks engaged in collaborative attempts to subvert the competency of the agencies tasked with mitigating the entry of such illicit substances.

“Our actions underscore the persistent challenges posed by sophisticated smuggling networks, emphasising the critical need for enhanced cooperation and advanced strategies to fortify the nation’s borders and preserve the safety and security of its citizens,” Adeniyi said.

He added that due to the threats and collaborative nature of criminal activities, the agency had prioritised strategic partnerships with stakeholders over the past seven months.

Earlier, the Director General of the NDLEA, Buba Marwa, while receiving the seized hard drugs, said that the handing over of the illicit drugs by the NCS was a development that lend credence to about the hard work and diligence of security agencies tasked with securing the country’s territory.

Marwa who was represented at the event by the spokesperson for the NDLEA, Femi Babafemi, added that the seizure was a testament that just like the airports, the seaports were also secured.

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BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

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BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal year.

Atiku Bagudu, Minister of Budget and Economic Planning, disclosed this to journalists on Thursday following the Federal Executive Council (FEC) meeting chaired by President Bola Tinubu.

Bagudu revealed that the council had approved the Medium-Term Expenditure Framework (MTEF) for 2025-2027.

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According to the minister, the government has pegged the crude oil benchmark at $75 per barrel, with an oil production target of 2.06 million barrels per day (bpd).

The budget also sets the exchange rate at N1,400 per dollar and aims for a gross domestic product (GDP) growth rate of 6.4%.

 

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

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EFCC arrests ex-NCMB boss over $35m energy project fraud

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EFCC arrests ex-NCMB boss over $35m energy project fraud

The Economic and Financial Crimes Commission (EFCC) told FIJ that they have arrested Timber Wabote, the former executive secretary of the Nigerian Content Development and Monitoring Board (NCMB), on the grounds of a failed $35 million Bayelsa refinery project fraud.

Dele Oyewale, the EFCC’s spokesperson, confirmed this to FIJ on Thursday.

“It is true,” Oyewale responded to FIJ’s inquiries.

Wabote is accused of misappropriating public funds for a refinery project that should have improved local energy production.

Vanguard reported that the NCDMB under Wabote paid $35 million to support the development of energy infrastructure in the Brass Local Government Area of Bayelsa, yet there was nothing to show for it.

The EFCC picked Wabote up following the arrest of Akintoye Adeoye Akindele, the Managing Director of Atlantic International Refinery and Petrochemical Limited, for alleged misappropriation, money laundering and diversion of $35 million in public funds.

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“NCDMB under the watch of Wabote allegedly paid the $35 million to Akindele to build a 2,000 barrel per day (BPD), refinery, jetty, gas plant, power plant, data centre and tank farm at Brass free trade zone (FTZ), Okpoama Community in Brass LGA of Bayelsa State,” a source with the EFCC had explained.

Since December 2020 when the payments were made, Akindele abandoned the project with little or nothing to show for the huge sum he received.

Preliminary investigations showed that Wabote’s NCDMB financed 17 different projects, including the 2,000 BPD refinery in Brass LGA.

There has been a series of public fund misappropriation cases in the energy sector in recent times.

FIJ earlier reported that members of the House of Representatives summoned three ministers to defend how over $2 billion was spent on renewable energy with not much to show for it.

A recent FIJ report also recently detailed how residents of Yenagoa, the capital of Bayelsa, have not had power in their homes since July due to the vandalisation of the Ahoada-Yenagoa transmission towers caused by unidentified persons.

The Bayelsa state government told FIJ it was the federal government’s responsibility to provide electricity for residents. The state has no renewable energy options reliable enough to power its capital despite the multi-million-dollar NCMB energy project.

Transparency in the energy sector has become necessary at a time when Nigerians have suffered power instability due to frequent grid collapses.

EFCC arrests ex-NCMB boss over $35m energy project fraud

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Court adjourns Yahaya Bello’s trial till Nov 27

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Yahaya Bello

Court adjourns Yahaya Bello’s trial till Nov 27

The Economic and Financial Crimes Commission (EFCC) has requested an adjournment in the new case against the immediate past Governor of Kogi State, Yahaya Bello, stating that the 30-day window for the previously issued summons is still active.

The commission has granted administrative bail to his co-defendants, Umar Oricha and Abdulsalami Hudu, and asked the court for an extension of time for Bello to appear.

At the resumed hearing before Justice Maryann Anenih of the Federal Capital Territory High Court, Abuja, EFCC Counsel Jamiu Agoro noted that the court’s order from October 3rd had not yet expired.

“In that wise, we feel it will not be appropriate for us to take proceedings while that 30 days is still running. So we have discussed and agreed to come back on the 27th day of November, 2024, my lord,” he told the court.

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He also mentioned that the previously set date of November 20th was not convenient for the prosecution counsels.

Counsel to the second defendant, Aliyu Saiki, SAN, confirmed that his client had been granted administrative bail by the prosecution and had no objection to the adjournment request. The third defendant’s counsel, ZE Abass, concurred.

The prosecution counsel also requested the court to allow the notice of hearing to be pasted on the last known address of the first defendant.

After hearing from all counsels, the judge granted the EFCC’s application for adjournment and the issuance of the hearing notice.

“I have considered the application for adjournment by the complainant and issuance of hearing notice and the submission by the second and third defendants. The application is granted,” she said.

Justice Anenih then adjourned the case to November 27th for arraignment.

The former governor, alongside Umar Oricha and Abdulsalami Hudu, are being prosecuted as 1st to 3rd defendants, respectively, in a fresh 16-count charge instituted against them by the EFCC.

Court adjourns Yahaya Bello’s trial till Nov 27

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