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NGXASI98,575.68 1.25%
NewsNigeria's inflation rate drops to 24.48% in January
NewsDangote Refinery begins petrol production
USD/NGN₦1,550 0.45%
BREAKINGNigeria secures $2.25 billion World Bank loan
BREAKINGSEC announces new rules for digital assets
BRENT$72.45 2.10%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNigeria exits technical recession with 3.46% GDP growth
GOLD$2,890.5 0.85%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsNaira stabilizes at N1,550/$1 in official market
NewsBrent crude approaches $75 amid Middle East tensions
DOW42,850.22 0.32%
UPDATETinubu approves ₦3 trillion for power sector
ALERTAviation fuel prices drop by 8%
NEWSNNPC reports 47% profit increase
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsOil prices rally on OPEC+ production cuts extension
S&P5,776.65 0.15%
NewsStock market capitalization crosses N55 trillion mark
NewsEuro depreciates against dollar ahead of ECB meeting
NAS18,290.25 1.05%
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsNigerian banking sector assets grow by 45% year-on-year
WTI$68.92 1.80%
BTC$87,250 3.20%
NewsGold hits record high as investors seek safe haven
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
EUR/USD1.0845 0.12%
NewsBitcoin surges past $87,000 on ETF inflows
NGXASI98,575.68 1.25%
NewsNigeria's inflation rate drops to 24.48% in January
NewsDangote Refinery begins petrol production
USD/NGN₦1,550 0.45%
BREAKINGNigeria secures $2.25 billion World Bank loan
BREAKINGSEC announces new rules for digital assets
BRENT$72.45 2.10%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNigeria exits technical recession with 3.46% GDP growth
GOLD$2,890.5 0.85%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsNaira stabilizes at N1,550/$1 in official market
NewsBrent crude approaches $75 amid Middle East tensions
DOW42,850.22 0.32%
UPDATETinubu approves ₦3 trillion for power sector
ALERTAviation fuel prices drop by 8%
NEWSNNPC reports 47% profit increase
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsOil prices rally on OPEC+ production cuts extension
S&P5,776.65 0.15%
NewsStock market capitalization crosses N55 trillion mark
NewsEuro depreciates against dollar ahead of ECB meeting
NAS18,290.25 1.05%
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsNigerian banking sector assets grow by 45% year-on-year
WTI$68.92 1.80%
BTC$87,250 3.20%
NewsGold hits record high as investors seek safe haven
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
EUR/USD1.0845 0.12%
NewsBitcoin surges past $87,000 on ETF inflows
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NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

The world must unite to dismantle criminal drug networks, Marwa tells UN session - FinancialEDGE

By adminResearch Signal
The world must unite to dismantle criminal drug networks, Marwa tells UN session - FinancialEDGE
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Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA) Brig Gen Mohamed Buba Marwa (Rtd) has urged the international community to stand together, be resolute and united to dismantle criminal drug networks that threaten peace, stability, and collective future of nations.

Addressing the 80th United Nations General Assembly Plenary Session of the Third Committee in New York, United States on Monday 13th October 2025, Marwa said the world can no longer be held hostage by the illicit drug trade. According to him, “Given the transnational nature of the drug problem, Nigeria prioritizes international cooperation and intelligence sharing. We have signed memoranda of understanding with several countries and maintain strong partnerships with the UNODC, EU, DEA, INL, NCA, BKA, and others. These collaborations have led to major seizures, arrests of high-profile traffickers, and successful prosecutions  all with full regards to human rights.

“Madam Chair, the world can no longer be held hostage by the illicit drug trade. We must stand together resolute and united  to dismantle the networks that threaten our peace, stability, and collective future.”
While stating that the theme of the 80th UNGA Plenary Session of the 3rd Committee rightly recognized that the world’s drug problem is a multidimensional global challenge that requires coordinated and collective action, he said Nigeria is already responding with strategic, evidence-based interventions to curb the menace.

In his words, “We have strengthened measures against money laundering linked to drug proceeds, while expanding care and support for individuals affected by drug use through treatment in rehabilitation centres, opioid substitution therapy, and safer needle exchange programmes.

“Cannabis remains the most commonly abused drug in Nigeria. To address this, we are implementing the Alternative Development Programme, engaging communities to replace illicit cannabis cultivation with legitimate livelihoods, while promoting food security and environmental protection. Our War Against Drug Abuse (WADA) initiative continues to mobilize all sectors of society in nationwide sensitization, reinforcing collective responsibility in protecting families and communities from the dangers of drug abuse.

“We are also tackling emerging challenges including new psychoactive substances and the use of the Dark Web for trafficking. Nigeria is taking decisive action against the illicit production and trafficking of methamphetamine by preventing the diversion of precursor chemicals and dismantling clandestine laboratories.

“The effective implementation of our National Drug Control Master Plan has strengthened collaboration among stakeholders and yielded measurable results. In advancing social justice, Nigeria operates a 24/7 toll-free drug call centre, staffed by professionals offering counselling in major Nigerian languages. This service bridges the treatment gap and combats stigma associated with drug use.”