HomeNewsForfeited property: Two underpriced Lagos buildings sold in 2001 – NDLEA

Forfeited property: Two underpriced Lagos buildings sold in 2001 – NDLEA

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The National Drug Law Enforcement Agency, NDLEA, said that two buildings, in Adeniyi Jones Ikeja and Ikoyi areas of Lagos forfeited in drug prosecution cases but sold at underpriced amounts were indeed disposed of in 2001 and not 2021 as erroneously reported by some media platforms.

The Director, Media and Advocacy, NDLEA, Femi said: “Some media platforms had reported a press briefing by the Hon. Minister of Works and Housing, Mr. Babatunde Raji Fashola, SAN on the decision of the Federal Executive Council, FEC, to demand from buyers of the two buildings the appropriate prices as of 2001 when they were sold as against the underpriced amounts. However, some media channels have erroneously reported that the buildings were sold in 2021. This clarification is therefore to correct the wrong impression following calls by concerned public members who have been calling the Agency’s top officials to clarify the mix-up in the year of sale of the properties in reference. For clarity, NDLEA did not auction any property in 2021 or 2022.”

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