Forfeited Properties: Two Underpriced Lagos Buildings Sold In 2001, Says NDLEA

The National Drug Law Enforcement Agency, (NDLEA), has 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 in 2001 and not 2021 as being erroneously reported by some media platforms.

In a statement by Femi Babafemi, Director, Media and Advocacy, NDLEA, the agency said some media platforms had reported a press briefing by the Hon. Minister oMrorks 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 rate prices as of 2001 when they were sold as against the underpriced amounts.
However, he added that some media channels erroneously reported that the buildings were sold in 2021.

This clarification is therefore to correct the wrong impression following calls by concerned members of the public who have been calling top officials of the mix-up to clarify the mix up in the year of sale of the properties in repurposes

For clarity purpose, NDLEA did not auction any property in 2021 or 2022