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When such a law disappears, so does the black market. Sin taxes – taxes levied on products deemed harmful such as alcohol and tobacco – may increase the black market supply. [ 60 ] One argument for legalizing marijuana is the elimination of the black market, and taxes from that economy becoming available for the government.
Drugs, weapons and human trafficking. That's probably what comes to mind when thinking about the black market -- but the illegal trade is more varied than you may think, and it also encompasses ...
On October 24, 2013, the U.S. supply vessel C-Retriever was boarded by a group of heavily armed pirates while working in an oil-field near Brass, Nigeria. The pirates ransacked the ship, stealing anything of value, before taking two American citizens prisoner and sailing off into the delta.
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Canada on Monday halted operations at its embassy in Nigeria until further notice and issued a warning against nonessential travel to the west African nation, joining the United States and United ...
Iran is now a common route for smugglers, having been previously a primary trading route, due to its large-scale and costly war against drug trafficking. [34] The Border Police Chief of Iran said that his country "is a strong barrier against the trafficking of illegal drugs to Caucasus, especially the Republic of Azerbaijan."
Slavery has existed in various forms throughout the history of Nigeria, notably during the Atlantic slave trade and Trans-Saharan trade. [1] [2] Slavery is now illegal internationally and in Nigeria. [2] However, legality is often overlooked with different pre-existing cultural traditions, which view certain actions differently. [2]
The Hon. Attorney_General of the Federation and Minister of Justice applied to the Federal High Court in Abuja to order the extradition of Mr Emmanuel Okoyomon and on May 4, May 2015 the Court ordered that Emmanuel Okoyomon, former Managing Director Nigerian Security Printing and Minting Company (NSPM) be extradited to the United Kingdom (UK) for trial for alleged corruption and money laundering.