NIGERIA DEPOSIT INSURANCE CORPORATION – SALE OF ASSETS OF CLOSED MICROFINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID

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NIGERIA DEPOSIT INSURANCE CORPORATION
SALE OF ASSETS OF CLOSED MICROFINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID

The Nigeria Deposit Insurance Corporation (NDIC), in the exercise of its right as Liquidator of failed Microfinance banks interested members of the general public to buy the assets (furniture, fixture, finings, equipment, generators, motor vehicles, etc.) of the under listed defunct MFBs by Public Competitive Bidding /Auction and sealed Bids for Motor Vehicles, and Generators:

 

SN NAME OF BANK / ADDRESS ADDRESS STATE AUCTIONEER NAME AND PHONE NO. DATE OF AUCTION NDIC CONTACT PERSON
1 COCONUT AVENUE MFB No. 3 Tex Olawale Crescent, Coconut Bus stop, Tincan Island, Apapa Lagos Lagos Kacbikwn-Ugeh & Co. 08033241379 July 14-17, 2021 NDIC (Asset Management Department) Mamman Konlegori Lagos

23A, Marina Street, Lagos John: 08029997846, Aliyu: 08062657895 & Hamza: 08038002352
2 SUSU MFB 34 Commercial Avenue Sabo Yaba Lagos Lagos Answereeth Culture Enterprises. 08033661741 & 08023845430 July 14-17.2021 Ditto
3 ERF CITY MFB Ere-Ijesha/ilabun Road Ere-Ijesha, Oriade LGA, Osun State Osun Kingley Ejikson Enterprises. 08060020689 July 14 -17, 2021 Ditto
4 Korede MFB Plot no 3, Luwoye Street, Igbotake Ondo Kingsley Ejikson Enterprises July 14-17, 2021 Ditto
5 IBOGUN MFB Ibogun-Egbeda, Ifo LGA Ogun Okebulu Ajike, 08123277951 & 08033770604 July 14 -17, 2021 Ditto
6 ACKOFED MFB Ekin Itam II, Ikot Ekpene Road, Uyo LGA. Akwa Ibom Rose Udokang & Co. 08027878892 July 14-17, 2021 Port Harcourt Zonal Office, No 104, Woji Road, off Ola Olbasanjo Road, GRA, Port Harcourt, Rivers State. 09090726737 & 08084291777
7 SAPPHIRE MFB APICO House, 115, Abak Road, Uyo Akwa Ibom Rose Udokang & Co. 08027878892 July 14-17, 2021 Ditto
8 GUFAX MFB 3, tJdotung Ubo Street, Uyo, Akwa Ibom State Akwa Ibom State Rose Udokang & Co. 08027878892 July 14 – 17, 2021 Ditto
9 KANGIWA MFB Kangiwa LGA, Kebbi Slate. Kebbi Muhammad & Co. 08033581237 July 14 -17, 2021 Sokoto Zonal Office, No. 2. Gusau Road, Opp. NNPC Mega Station. Sokoto. 09035795104 & 07055769606
10 AUGIE MFB Secretarial Road, Augie Kebbi Muhammad & Co. 08033581237 July 14-17, 2021 Ditto
11 Rinigim Universal MFB Opposite Ringim Central Market, Ringim LGA Jigawa State Jigawa Abubakar G. Musa & Co. 08033477441 July 14-17, 2021 Ditto
12 ROGO MFB Rogo Town, Kano A msalat Ltd. 08062924834 July 14-17, 2021 Kano Zonal Office, Plot 44/45, Muhammad Muhammad Avenue, Holoro GRA Kano 08173283539 & 08053283539
13 TAKAI MFB Along Kano-Birnin Kudu Road, Takai, Kano State Kano A msalat Ltd. 08062924834 July 14-17, 2021 Ditto
14 Makoda MFB 7, Koguna Street, Koguna Kano Abubakar G. Musa & Co. 08033477441 July 14 – 17, 2021 Ditto
15 BAGWAI MFB Bagwai LGA, Kano Kano Garba Kibiya & Co. Kibiya 08025477321 July 14 -17, 2021 Ditto
16 AJ1NGI MFB No. 10 Hakimi Street, Ajingi Town, Ajingi LGA Kano Abubakar G. Musa & Co. 08033477441 July 14 -17, 2021 Ditto
17 BEBEJI MFB 10 Gidan Iyan, Bebeji Town, Bebeji LGA Kano Kano Garba Kibiya & Co. 08025477321 July 14- 17, 2021 Ditto
18 BIGIHANA MFB 6 Ali Akilu Road, Kaduna Kaduna Amsalat Ltd. 08062924834 July 14-17, 2021 Ditto
19 Garko MFB Garko Town,  Kano State Kano Abubakar G. Musa & Co. 08033477441 July 14-17, 2021 Ditto
20 KIRFI MFB No 7, Market Street Cheledi, Kirfi LGA, Bauchi State Bauchi Alhaji Umaru Sanda Adamu,

08067349890

 July 14-17, 2021 Bauchi Zonal Office, No 3, Abdulkadir Ahmed Road, Bauchi. 09020441972 & 09020441975
21 Langtang MFB No. 90, Solomon Lar Way, Langlang North LGA Plateau Umar Ibrahim Nig. Ents. 08035781209 & 08027676333 July 14 -17, 2021 Ditto
22 MOPA MFB Silas Bamidele Daniyan House, Kabba- Ilorin Road, Mopamuro LGA Kogi J. I. Ajileye & Co. 08033114150 July 14 -17, 2021 BEU (ABUJA), Plot 447/448. Constitution Avenue, Central Business District, Abuja. 080063424357 & 08039187500
23 WAPO MEB Okene-Lokoja Road, Nagazi. Adavi LGA Kogi J. 1. Ajileye & Co. 08033114150 July 14- 17,  2021 Ditto
24 Hedgeworth MFB B06, Gouba Plaza, Plot 171, A.E. Ekukinam Street, Utako District, Abuja FCT Mallam A. A. Rahn & Son. 08067246413 July 14- 17, 2021 Ditto

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25 ONIMA MFB Nipost building, Achingali Road, Ekeoha Onitsha, Ezinhitte, Mbaise Imo Century Phonix Nig. Ltd. 08037799800 July 14-17, 2021 Enugu Zonal Office, No 10, Our lords’ Street. Independence Layout Enugu. 07059763471
26 Home Trust MFB 76 Orlu-Road, Nkwere, Imo State Imo Stan Okeahialam & Co. 08037960430 & 08034957598 July 14-17, 2021 Ditto
Fufore MFB 25. Gurin Road Fufore, Fufore L.G.A. Adamawa State. Adamawa Bombilak Integrated 08036152448  & 08036197741 July 14- 17, 2021 Yola Zonal Office. No. 6. Numan Road, Jimeta – Yola 08089814064 & 08023202803

 

AUCTION PROCESS
The Public Auction for the furniture, fixtures, fittings & equipment will take place from 14 to 16 July, 2021.

CONDITIONS FOR BIDDING FOR THE GENERATORS AND MOTOR VEHICLES
(1) Bids should be submitted in a sealed envelope together with a deposit of 10% of the bid price in Certified Bank Draft in favour of the respective microfinance banks (In-Liquidation) and with an inscription “BID FOR GEN SET/MOTOR VEHICLE ” on the ton left hand corner of the envelope. The bid should contain the name, address and telephone numbers of the bidder. The successful bidder will be required to pay the balance of the bid price within 24 hours of winning the bid.
(2) The 10% draft for the unsuccessful bidders would be returned immediately.
(3) Bids should be submitted to the Auctioneers or NDIC Contact persons within the stated period.
(4) Submitted bids shall be opened before the bidders at the various locations.
(5) All Assets are sold as “as is” and “net of all taxes”.
(6) All purchased items must be evacuated within 24 hours of purchase.

For further enquiries, please contact:
Director, Asset Management Department,
Nigeria Deposit Insurance Corporation,
Lagos Office Annexe,
Mamin an Kontagora House (9th Floor),
23A, Marina,
Lagos.
Tel No: 08023159275.
Lagos Office

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