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Over 207,976kg of drugs seized at seaports in 13months – NDLEA

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The National Drug Law Enforcement Agency (NDLEA) has successfully intercepted and seized a substantial 207,976 kilograms of hard drugs

The National Drug Law Enforcement Agency (NDLEA) has successfully intercepted and seized a substantial 207,976 kilograms of hard drugs at various seaports across the country between January 2023 and March 2024. This significant achievement was disclosed by the NDLEA’s Director of Media and Advocacy, Mr. Femi Babafemi, in a document shared with The PUNCH on Sunday.

Detailing the seizures, Babafemi revealed that in the first quarter of 2024 alone, 14 suspects were apprehended with 16.69kg of cocaine and 11,622.229kg of cannabis sativa.

Additionally, from January to October 2023, 167 individuals were arrested with a total of 196,336.99kg of various drugs. Regarding the financial value of the confiscated drugs, Babafemi emphasized the agency’s policy of not assigning a monetary value to the seizures to avoid inadvertently glorifying or encouraging drug trafficking activities.

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“We do not put a value on the seizure to avoid glorifying criminal activities or motivating others into desperation,” he explained. Dr. Muda Yusuf, the Chief Executive Officer of the Centre for the Promotion of Private Enterprises, reacted to these developments by advocating for stricter sanctions on offenders.

He noted the increasing desperation among individuals seeking to profit from the drug trade and suggested that harsher penalties could serve as a deterrent. “People are becoming more desperate to make money from these hard drugs.

If the government introduces more deterrent sanctions, perhaps they won’t be that daring or desperate to make quick money and dare to face the risk of committing such crimes,” he stated. Dr. Yusuf believes that stronger sanctions could send a clear message globally that drug trafficking is a severe crime with significant consequences.

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Iceland Demands Supermarket Rivals Stop Selling Prawn Rings

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Iceland Demands Supermarket Rivals Stop Selling Prawn Rings

Supermarket chain Iceland has filed a trademark application for its well-known “King Prawn Rings,” urging rival supermarkets to stop selling similar products. Iceland, headquartered in Flintshire, claims it has faced increasing imitation since introducing its prawn rings in 1991.

In a bold open letter shared on social media platform X (formerly Twitter), Iceland called out major competitors Aldi, Tesco, Lidl, and Asda, accusing them of selling “copy crustaceans.” The letter cheekily asserted, “The King Prawn Ring is ours, and we won’t be letting you off the hook.”

Lidl humorously responded, “Here was us thinking it was a classic 1970s party dish.”

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Iceland’s letter, signed by “Iceland Foods,” warned other retailers to cease selling prawn rings, especially ahead of Christmas. The chain emphasized its intent to pursue legal action if competitors don’t comply, declaring, “Our lawyers are more than ready to dive into legal waters.”

The prawn ring battle has sparked social media buzz, with consumers eagerly watching how rival supermarkets will respond to Iceland’s trademark claim.

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Boeing Workers Reject Latest Pay Offer Despite 30% Rise, Union Says

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Boeing Workers Reject Latest Pay Offer Despite 30% Rise, Union Says

The union representing striking Boeing workers has stated that its members are not interested in the company’s latest pay proposal, which includes a 30% raise over four years. According to the International Association of Machinists and Aerospace Workers (IAM), a survey revealed overwhelming dissatisfaction with the offer, labeling it as “inadequate.”

This rejection follows Boeing’s new “best and final” offer, which also included a performance bonus reinstatement, improved retirement benefits, and a one-time $6,000 signing bonus. The company set a deadline for the deal to be ratified by union members by midnight on September 27.

However, IAM criticized Boeing for sending the offer directly to workers and the media without consulting union leaders and stated that the time frame was insufficient to organize a proper vote. Boeing has denied the union’s claims and said it would allow more time and provide support to facilitate the vote.

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China Unveils Bold Measures to Revive Economy Amid Growth Concerns

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China Unveils Bold Measures to Revive Economy Amid Growth Concerns

China’s central bank, the People’s Bank of China (PBOC), has launched a significant package of measures aimed at revitalizing its struggling economy. PBOC Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to expand lending to stimulate economic activity.

With recent economic data raising concerns that China may miss its 5% growth target this year, the central bank will cut the reserve requirement ratio (RRR)—the amount of cash banks must hold in reserve—by half a percentage point, releasing around 1 trillion yuan ($142 billion) into the economy. Additional cuts may follow later in the year.

The package also addresses China’s property market crisis by cutting interest rates for existing mortgages and reducing minimum down payments for all homes to 15%.

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Asian stock markets responded positively to the news, seeing a boost after Mr. Pan’s announcement, which came during a rare joint press conference with officials from two other financial regulators.

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