News

NDLEA Destroys 17 Cannabis Farms In Three Months In Edo

Published

4 years ago

April 12, 2022

Editor

The Edo Command of the National Drug Law Enforcement Agency says it destroyed 17 suspected cannabis sativa farms measuring over 15 hectares in the state.

Edo State Commander of the agency, Mr Buba Wakawa, made the disclosure in an interview with the News Agency of Nigeria, Benin, on Tuesday.

Wakawa explained that the farms were destroyed between January and March.

He described the reviewed period as having recorded the removal of 480.074 kg of psychotropic substances from circulation.

He explained that the substances removed included Exol, Tramadol capsules/tablets, Diazepam, Lexotan, Swinol tablets, Cocaine, Heroin, Meth, Cookies, Ampoules of Pentazocine injections, among others.

Wakawa further revealed that the command also seized 2,349.424 kgs of substances suspected to be cannabis sativa during the period.

In the period under review, he also said that the command arrested 94 suspects comprising 80 males and 14 females.

Similarly, Wakawa also told NAN that eight different types of exotic cars such as Lexus ES 330, Toyota Camry, Honda, Previa, and Trucks, among others, used as means of conveyance were seized through the command’s interception activities.

He added that 21 drug-related cases were filed at the Federal High Court, Benin, within the period under review, securing 10 convictions, while 81 drug-dependent persons were counselled and ”released to be reunited with their families”.

Wakawa also disclosed that within the period, the command took the War Against Drug Abuse (WADA) project to schools and traditional rulers like the Otaru of Auchi, HRH Aliru Momoh, and the Oba of Benin, Ewuare II.

He noted that in pushing the WADA, it was the vision of the Chairman/Chief Executive Officer, Brig.- Gen. Buba Marwa (retd.) to eradicate unwholesome abuse of substances in the country.

He said that it was based on this that the Edo command was taking the fight against illicit drug and trafficking to every doorstep with a view to eradicating negative drug use in the state.

Wakawa appealed to the Edo public to always avail the command of every useful information, as well as leads on drug activities, ”particularly information about cannabis sativa farming in the state as the cultivation season had begun,” he said.

(NAN)NN

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

9 minutes ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

2 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

News

Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Published

20 hours ago

May 5, 2026

Editor

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.