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NDLEA intercepts large cocaine consignment concealed in heads of dry stock fish

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A large consignment of cocaine concealed in heads of imported dry stock fish has been intercepted by operatives of the National Drug Law Enforcement Agency (NDLEA) who also arrested a key member of the syndicate involved in shipping the illicit substance across the world especially to India.

The smashing of the drug syndicate followed intelligence on their trans-border criminal activities. This led to a well-coordinated sting operation by operatives of the Murtala Muhammed International Airport (MMIA) Strategic Command of the Agency at the Ojo area of Lagos on Thursday 19th March 2026. In the course of the operation, three jumbo size bags were found in possession of the kingpin 36-year-old Akputa Dickson Ejike.
A search of the bags led to the recovery of Two Hundred and Thirty-Seven (237) wraps of cocaine buried in the heads of imported dry stock fish locally known as “Okporoko.” The cocaine pellets have a gross weight of 5.80 kilograms. The consignment was intended for export to Delhi, India.
In another operation in Lagos, NDLEA operatives of the Directorate of Operations and General Investigation (DOGI) on Wednesday 25th March intercepted two illicit consignments heading to the United Kingdom at a courier company. In one of the shipments that originated from Cotonou, Benin Republic, 1.9 kilograms of methamphetamine were found concealed in automobile filters while the second parcel contains 40 ampoules of Morphine Sulphate and nine ampoules of Fentanyl.
In yet another major interdiction operation, operatives of a Special Operations Unit of the Agency on Thursday 26th March raided the house of a female head of a notorious drug syndicate, 46-year-old Omolade Abigail Jolayemi at 13 Carter street, Yaba, Lagos where they arrested her and her sales girl, Sarah Zainab Agbabiaka, 31. No fewer than 135 blocks of Ghana Loud, a strain of cannabis weighing 76.30kg, were recovered from them. Omolade popularly known as Iya Ghana, trades in local fabric on the surface but beneath she runs a drug distribution network between Nigeria and Ghana.
Same day, the SOU operatives also arrested Anayo Lucky Ohabiro, 39, at Doyin bus stop, Surulere, Lagos following credible intelligence. A total of 78 blocks of Ghana Loud weighing 41kg were seized from him.
In Ekiti state, an 80-year-old grandpa, Oke Samuel, was on Thursday 26th March arrested by NDLEA operatives during a special raid operation at Mosafuneto camp, Erinmo road, Efon-Alaaye Ekiti. A total of 2.2kg skunk and 1.8grams of methamphetamine were recovered from him, while 894.72kg of same psychoactive substance was seized from another suspect, Enuwa Kehinde Kingsley, 37, when an uncompleted building was raided by NDLEA officers at Ogbese, in Akure North area of Ondo state same day.
Not less than 116.7kg skunk was recovered from a suspect, Saater Nyam, 35,
during a raid operation at Pevi village, Guma LGA, Benue state, on Tuesday 24th March, while in Edo state, NDLEA operatives on Monday 23rd March uncovered a warehouse in Ekpoma town, Esan West LGA, leading to the arrest of a suspect, Felix Donald, 25, and the seizure of 576.5kg skunk and 33 bottles of codeine-based syrup.
In Taraba state, NDLEA officers acting on credible intelligence on Tuesday 24th March intercepted a truck marked DUT 457 ZB, conveying 100 blocks of compressed skunk weighing 135 kilograms concealed in bags of animal feed from Garbachede to Gombe state. Two suspects: Osama Mamuda, 21, and Auwal Umar, 22, were nabbed in connection with the seizure.
The War Against Drug Abuse (WADA) social advocacy activities by NDLEA Commands equally continued across the country in the past week. Some of them include: WADA sensitization lecture delivered to students and staff of Community Secondary School, Itigidi, Abi LGA, Cross River; Government Girls Secondary School, Yola, Adamawa; Islamic High School, Igbeti, Oyo state; Gidan Sarki Primary School, Kano, and Royal Legends Academy, Ibeshe, Ikorodu, Lagos state, among others.
While commending the officers and men of MMIA, SOU, DOGI, Ekiti, Ondo, Benue, Edo and Taraba Commands of the Agency for the arrests and seizures of the past week, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd) also praised their counterparts in all the commands across the country for pursuing a fair balance between their drug supply reduction and drug demand reduction efforts.

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NCC, NDLEA sign MoU in Alliance against Drug Trafficking, Piracy

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The National Drug Law Enforcement Agency (NDLEA) and the Nigerian Copyright Commission (NCC) have signed a Memorandum of Understanding (MoU) to forge an alliance against drug trafficking and piracy.

Speaking at a brief ceremony to sign the MoU at the NDLEA headquarters on Friday 17th July 2026, Chairman/Chief Executive Officer of the Agency, Brig Gen Mohamed Buba Marwa (Rtd) said the partnership may appear, on the surface, to bring together two unrelated mandates, but which, on closer examination, reflects a shared reality in the fight against organized crime in Nigeria.

According to him, “Our experience at the frontlines of drug law enforcement has shown us time and again that criminal networks rarely confine themselves to a single illicit enterprise.

The same syndicates that traffic in narcotics are often found dabbling in other forms of economic crime, including the piracy of intellectual works that rightfully belong to Nigeria’s creatives: our musicians, filmmakers, writers, and software developers. Proceeds from one illegal trade frequently find their way into financing the other. This is the criminal value chain we must disrupt together.

“Today’s MoU gives structure to that shared fight. Through it, our two agencies commit to exchanging intelligence, coordinating joint operations, building the capacity of our respective officers, and supporting one another with the technical resources needed to do this work well.

A Joint Working Committee will be established to drive this collaboration forward, meeting regularly to ensure that what we sign today translates into real results on the ground.“Let me be clear: this partnership is not just about law enforcement. It is about protecting the health and social wellbeing of our people, and about safeguarding the immense creative talent of this nation: a talent that deserves to thrive without the theft that piracy represents, and a society that deserves protection from the scourge of illicit drugs.”
He commended the NCC for recognizing the intersection between drug trafficking and piracy. “This is how effective government works; agencies finding the common threads in their missions and pulling together rather than in isolation”, Marwa added.
In his remarks, the Director General of NCC, Dr. John Asein noted that the alliance between NDLEA and NCC marks a significant milestone in the growing culture of inter-agency collaboration within the Nigerian public service, adding that the effort will enhance the common responsibility of protecting the Nigerian society from criminal enterprises that undermine national security, economic development and the rule of law.
In his words, “Copyright piracy is sometimes wrongly perceived as a minor commercial offence or a victimless activity. In reality, large-scale piracy is often a highly organised and profitable criminal enterprise. It deprives creators and investors of legitimate income, destroys jobs, discourages investment, reduces government revenue and weakens the foundations of Nigeria’s creative economy.
“International experience has demonstrated that organised copyright piracy is rarely an isolated criminal activity. Across several jurisdictions, the same criminal syndicates, logistics channels, financial networks and distribution systems used to traffic pirated goods have also been linked to other forms of transnational organised crime, including narcotics trafficking, money laundering, smuggling and cyber-enabled offences. This reality underscores the imperative for closer collaboration between agencies such as the National Drug Law Enforcement Agency and the Nigerian Copyright Commission.
“The same clandestine supply chains, transportation routes, storage facilities, financial channels and distribution networks used for trafficking in illicit drugs and other prohibited goods may also be deployed for the movement and sale of pirated books, films, music, software and other copyright products. Proceeds from piracy may equally be laundered or channelled into other criminal activities.
“This connection makes collaboration between the Nigerian Copyright Commission and the National Drug Law Enforcement Agency both necessary and timely. By combining our respective mandates, expertise and intelligence capabilities, we can more effectively identify criminal networks, trace illicit financial flows, disrupt illegal supply chains and dismantle the structures that sustain organised criminal enterprises.
“For the Nigerian Copyright Commission, this partnership offers an invaluable opportunity to leverage the National Drug Law Enforcement Agency’s world-class expertise in intelligence-led law enforcement. Over the years, the NDLEA has earned a well-deserved reputation, both nationally and internationally, for its professionalism, operational excellence and innovation in combating organised crime. Under the able leadership of the Chairman/Chief Executive, the Agency has demonstrated remarkable success in intelligence-driven operations, strategic investigations, forensic capabilities, surveillance, financial intelligence, international cooperation and effective inter-agency coordination.”

The post NCC, NDLEA sign MoU in Alliance against Drug Trafficking, Piracy appeared first on Business Today NG.

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Lasaco Assurance turns tide on half-year loss, helped by cost efficiency

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Composite insurance underwriter Lasaco Assurance has turned the corner on the N731.5 million half-year loss it logged in the first six months of last year, which heralded its first annual loss in thirteen years during the financial year 2025.

The insurer, in the last mile of a recapitalisation deadline in the Nigerian insurance industry that expires this month, recorded N384.9 million in the year to June, compared with a year ago, according to its latest corporate report published Friday.

Its return to profitability owed less to revenue growth than to cost-cutting. Insurance revenue, its core income source, retreated by 3.2 per cent from the half-year 2025 level to N16.3 billion.

That happened following a slide in the cash its general business insurance contract brings to the pool.

Lasaco Insurance cut back insurance service expenses by 17 per cent, and it also reduced net expenses from reinsurance contracts by 11.4 per cent; both were key factors that drove insurance service results to N3.1 billion from N1.1 billion a year ago.

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Investment result was less impressive, dropping 13.4 per cent to N1.6 billion, owing to a decline in interest revenue calculated using the effective interest method.

The financial services company earned less in interest terms from fixed deposits and much less from bonds during the period. 

It incurred a net foreign exchange loss of N67.9 million, compared with the N58.1 million gain recorded in the same period last year, hurting net investment results.

One other dark spot in the broadly strong result was a plunge in other operating income to N33.3 million from N246.1 million. Operating expenses, up by 9.2 per cent, rose to N4.2 billion from N3.8 billion.

Profit before tax stood at N436.2 million, compared to a pre-tax profit of N518.1 million one year prior, while post-tax profit came to N384.9 million, relative to a net loss of N731.5 million in the corresponding period of last year.

ALSO READ: Lasaco Assurance Plc appoints new managing director

Nigeria’s latest round of insurance industry recapitalisation, which concludes this month, requires life insurance businesses to scale up their minimum paid-up capital from N2 billion to N10 billion and non-life insurers from N3 billion to N15 billion.

Composite insurance firms have also been set a minimum threshold of N25 billion, up from N5 billion.

From its recently concluded rights issue, the underwriter raised N19.3 billion, which it said has passed capital verification with the National Insurance Commission and has received confirmation of admissibility from the market regulator, the Securities and Exchange Commission.

NGX Insurance Index, the equity index that tracks the performance of Nigeria’s most capitalised and liquid insurance stocks, has been up by 23.8 per cent since President Bola Tinubu signed the Nigerian Insurance Industry Reform Act on 4th August 2025.


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