Tag: Proceeds of Crime Act

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The Association of Licensed Auctioneers of Nigeria (ALAN) has accused the Nigeria Customs Service (NCS) of secretly disposing of seized goods and containers, in violation of auction and financial regulations governing public asset management. Speaking in Abuja, the President of the Association, Musa Kurra, said the Customs Service has abandoned due process and transparency in …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced a record ₦1.86 billion recovery from the disposal of forfeited assets in 2024, the highest sum ever recorded since the Commission was established. The disclosure was made at the 2025 meeting of the Asset Disposal Committee in Abuja, following the presentation of a …

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