It was reported that the bill proposes granting the NDLEA the authority to retain a portion of the proceeds derived from drug-related crimes, contrary to the current legal framework.
This communication was conveyed to the House of Representatives during the plenary session by the Speaker of the House, Tajudeen Abbas.
President Tinubu, who cited Section 58, Subsection 4 of the 1999 Constitution, said that the bill, if signed, was a contravention of the aforementioned sections.
Tinubu mentioned that under existing law, all proceeds from crime must be deposited into the Confiscated and Forfeited Properties Account.
He explained that any disbursement to relevant agencies involved in recoveries must be made by the President, and only with the approval of the Federal Executive Council and the National Assembly.
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