The National Drug Law Enforcement Agency (NDLEA) has secured the final forfeiture of a multi-billion Naira 80-room Hotel and Lounge in Victoria Island, Lagos, following its link to a drug trafficking cartel and the distribution of illicit substances.
The hotel was raided between April 25 and 26, 2025, by NDLEA operatives, after hours of combing the premises, which led to the recovery of 589 bags of Canadian Loud (a strong strain of cannabis) with a total weight of 417.3 kilograms, worth ₦1,042,500,000 in street value.
According to a statement by the NDLEA, the assets forfeited along with the landed property situated at No.16 Waziri Ibrahim Street, off Elsie Femi Pearse Road, Victoria Island, Lagos, include Toyota Sienna Vehicle marked KJA 79 HJ; Volkswagen Delivery Van numbered AAA 525 JE; KIA Ceranto Car with plate number BDG 860 GQ; and Black Colour Land Cruiser Prado with plate number AKD 472 DZ.
Other forfeitures are Red Colour Grand Caravan Dodge with plate number APP 847 YF; White Colour Mazda Bus marked KTU 241 AAA; Mercedes Benz Truck with registration number ASB 500 XY; Gold Colour Toyota Corolla Car with registration number EKY 295 JT; Ash Colour Sienna Mini Bus; 84 Television Sets; 70 Air New Conditioners; and 13 New Fridges.
NDLEA revealed that the final forfeiture orders were issued on Friday, July 18, 2025, by Justice Ibrahim Ahmad Kala, following the motion number FHC/L/MISC/447/2025 filed by the agency.
