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The state Police Public Relations Officer, Benjamin Hundeyin, confirmed the development in a statement on Wednesday evening.
The IED, contained inside a bag, was dropped by the roadside between Customs and Police Barracks along Mobolaji Bank Anthony Way, Ikeja.
The Police said an officer on patrol saw an unidentified man driving an unregistered Toyota Corolla car parked on the main road close to the gate of Police Mobile Force 23 Barracks.
The said man reportedly came down from the vehicle and dropped the bag containing the IED.
Police officer raises alarm
The Police spokesman said the officer reported the attempted attack at the Explosive Ordinance Department (EOD) base, at Ikeja.
Immediately, the Command's Anti-Bomb squad was called in to detonate the improvised explosive device.
“The officer said that a young man came down from the car and carefully dropped a bag by the fence of the Nigeria Customs Service, Federal Operations Unit office, returned to the vehicle and zoomed off.
“Based on the report, a team of EOD-CBRN from the base was quickly mobilised to the scene to identify the object and render the same safe if confirmed to be IED.
“On arrival, it was discovered to be an IED. Subsequently, the area was cordoned off, and the adopted IED was rendered safe and taken to a distance for detonation accordingly.
“Meanwhile, the residual of the IED was collected for further analysis and investigation,” Hundeyin said.
The incident comes hours before the planned 10-day nationwide hunger and hardship protest gets underway.
The proposed demonstration is scheduled to be held in 36 states and the Federal Capital Territory (FCT).