Sunday, May 5, 2024
More

    Latest Posts

    Nollywood stars, Habibat Jinad, Wumi Toriola reconcile after five years feud

    Nollywood actress, Habibat Jinad, has accepted an apology from her colleague, Wumi Toriola, marking the end of their five-year feud. Earlier, Wumi, sharing a photo...

    FAAN, NSA to cut security checks at airports

    The Federal Airports Authority of Nigeria has said it has concluded plans with the Office of the National Security Adviser to reduce the number...

    Southeast: IPOB threatens to shut down Enugu DisCo over poor power supply

    Following an epileptic power supply in the Southeast region, the Indigenous People of Biafra has threatened to shut down the Enugu Electricity Distribution Company. The...

    EFCC misfired on Yahaya Bello, says Dele Momodu

    A chieftain of the Peoples Democratic Party, Dele Momodu, has criticised the approach and conduct of the Economic and Financial Crimes Commission in its...

    Illicit substances impede economic growth – NDLEA

    The Chairman, National Drug Law Enforcement Agency, Brig. Gen. Buba Marwa (retd.), on Thursday said illicit substances are a hindrance to the economic growth of the country

    This was as he warned citizens against the use of a new psychoactive substance called Akuskura.

    According to him, the trend has negatively impacted on the national development of a developing country like Nigeria.

    The chairman who was speaking at the 40th Olumide Memorial Lecture organised by the Nigerian institution of surveyors titled ‘Dangers of illicit substances to national development’ decried calls by some activists and politicians that economic growth could be achieved by cashing in on the global cannabis market which is projected to be worth $103.9 billion by 2024.

     

    He said, “When we speak about the dangers of illicit substances to national development, we are looking at how proliferation―by production, trafficking and sales and abuse of illicit substances―is undermining the organic development of a country.

    “In other words, how drug use is impeding economic growth, how it is rendering asunder social cohesion, how it is negating the maximisation of the potential of citizens and how solving these problem is consuming much needed government revenue that could be useful for other developmental endeavours.

    “Unfortunately, in recent years, some analysts and politicians have canvassed for the legalisation of the cultivation of cannabis sativa as the magic bullet for Nigeria’s economic growth. Their argument references some Western countries that have decriminalised the use of cannabis or cannabis derivatives and other countries that are making economic gains from the cultivation and exportation of cannabis. In the end, the crux of their argument is narco-dollar revenue for the country.

    “However, they often fail to also speak the truth about the drug problems those countries have on their hands as well as the human and material costs.

    “The country’s drug control capacity and the brutal reality of the devastation of illicit substances to societies and countries across the world, are enough evidence that illicit substances do constitute dangers to national development.

    “Therefore, it is in our national interest to know this truth and to curb the proliferation, trafficking and abuse of controlled and banned substances.”

    Latest Posts

    Nollywood stars, Habibat Jinad, Wumi Toriola reconcile after five years feud

    Nollywood actress, Habibat Jinad, has accepted an apology from her colleague, Wumi Toriola, marking the end of their five-year feud. Earlier, Wumi, sharing a photo...

    FAAN, NSA to cut security checks at airports

    The Federal Airports Authority of Nigeria has said it has concluded plans with the Office of the National Security Adviser to reduce the number...

    Southeast: IPOB threatens to shut down Enugu DisCo over poor power supply

    Following an epileptic power supply in the Southeast region, the Indigenous People of Biafra has threatened to shut down the Enugu Electricity Distribution Company. The...

    EFCC misfired on Yahaya Bello, says Dele Momodu

    A chieftain of the Peoples Democratic Party, Dele Momodu, has criticised the approach and conduct of the Economic and Financial Crimes Commission in its...

    Don't Miss

    Tems says her debut album ‘Born In The Wild’ is about her experiences

    In an interview with Apple Music, Tems spoke on her upcoming debut album 'Born In The Wild' which she describes as a documentation of...

    Abuja American School writes EFCC, to refund Yahaya Bello’s $760k children’s school fees

    The American International School of Abuja has asked the Economic and Financial Crimes Commission to provide “authentic banking details” for the refund of fees...

    Delta CP presents over N47m to 22 deceased officers’ families

    The Commissioner of Police Delta State Command, Mr Abaniwonda Olufemi has reiterated that the welfare of both serving and late officers is part of...

    Dangote refinery ranked above 10 biggest European refineries

    A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by...

    Bella Shmurda taps into his emotions for new EP ‘R2 Sept 12’

    The EP chronicles Bella Shmurda's emotional journey following the loss of his close friend Mohbad on September 12, 2023. The EP details the profound impact...

    Stay in touch

    To be updated with all the latest news, offers and special announcements.