yakbauer:
Too many questions
- how will an interested bidder register to bid, there's no option to open a customer's account, only login as registered user.
- how will one pay the N1000 admin fees, there's no description on how & where one can pay

The Customs Auctions website https://app.trade.gov.ng/eauction is live on the web.

Bidding started Monday July 3, 2017.

Here are 8 things you need to know.

1. You must have a valid TIN number from the FIRS to fully participate in the auction process.

2. An e-wallet will be created automatically for the user, when you register.

3. The user is to select any customs designated bank of his/her choice listed on the website and make payments into his/her wallet.

4. The administrative fee of N1,000 per bid will be deducted from the e-wallet.

5. A user is allowed a maximum of TWO bids per bidding window.

6. Monies deposited into the e-wallet cannot be withdrawn afterwards. And if a bid is won, the money in the e-wallet cannot be used for payment. So deposit what may be enough per time for bids to be placed.

7. If your bid is won, you have a maximum of 5 working days to pay up at any designated bank and a maximum of 2 weeks to move the item from the auction site. If you fail to do so, the item will be given to the next highest bidder in that bidding window.

8. Take your time to peruse the items thoroughly before placing a bid.

zamirikpo:
My question is how am I sure these cars have engines in them cos only one pix cannot explain much. Another question is how do we avoid paying extra 25% on shipping and terminal operator fees


Pls saintjoel throw more light.

saintjoel:
PUBLIC NOTICE

E-AUCTION ADVERT

Nigeria Customs Service wishes to inform the general public about its readiness to deploy the e-auction platform via www.trade.gov.ng/e-auction as from 1st July, 2017.

Consequently, all those who want to participate in the e-auction process are advised to note the following terms and conditions:

•Applicant must have a valid TIN issued by the FIRS with an active e-mail account.

•An applicant shall pay a non refundable fee of One Thousand Naira (N1,000.00) as administrative charge.

•An Item is auctioned “as is” as such request for replacement or refund shall not be entertained.

•The successful bidder shall make payment within five (5) working days.

•Failure to pay within five (5) working days the item reverts to the second (2nd) highest bidder.

•The successful bidder has two (2) weeks from the date of payment to remove the item bidded for or forfeit same at the expiration of the two (2) weeks.

•Any auction item not removed from the warehouse within fourteen (14) days from the date of payment shall revert to its pre-bidding status.

•Take note for overtime cargo, that the successful bidder shall in addition pay 25% charges for Shipping line and Terminal operator respectively.

•Bidders shall be allowed to bid for more than 2 items per bidding window.

•For claiming items, the winner shall present;

i.A valid copy of paid assessment and bank receipt (optional in case of e-payment);

ii.E-mailed code to identify owner after payment;

iii.A notarized letter in case owner sends representative. (Where owner is present uploaded photo on registration will do.)

iv.Provide proper identification with the notarized letter such as International passport, Driver’s licence, Voters card or National I.D.

•The dwell time for this Online Auction Sale shall be Twenty-Eight (28) days.

•Third party claims shall not be entertained.

•Officers of the Nigeria Customs Service are excluded from participating in this Auction.

•Owner of seized item is excluded from bidding for same.

•Conditions and terms of this auction are to be carefully considered by an interested person before acceptance.

•Applicant undertakes to abide by the conditions and terms of this auction

Signed
Management

saintjoel:




JAIZ EMERGES FIRST IN CUSTOM E-AUCTION INTEGRATION PLATFORM

Jaiz Bank Plc, the only full-fledged non-interest bank in Nigeria has emerged the first commercial bank in the country to integrate the Nigerian Customs Service e-auction platform.

The e-auction platform was part of the restructuring mandate initiated by the Comptroller General of Customs, Col. Hameed Ibrahim Ali (Rtd) when he resumed duty in 2015. It was aimed at blocking revenue leakages thereby increasing revenue generation for the government.

After repeated tests of the e-auction platform, the Nigeria Custom has deployed the e-auction portal yesterday with Jaiz Bank as the only Bank that has successfully completed the integration process thus enabling auction transactions on the portal.

The portal is now fully networked to Jaiz Bank as the only bank that has successfully completed the integration process out of the designated Banks. This will ensure that money accruing from the auction gets to the Central Bank of Nigeria Treasury Single Account for transparency and accountability.

The platform which is highly interactive will only give access to holders of TIN. Such tax payers will log in, read the guidelines, pay the non-refundable one thousand auction fee and proceed to bid for the items on auction. Hitherto, all auction by the custom are conducted through a manual process which was identified as non-competitive and opened to abuses hence the introduction of e-auction.

Jaiz Bank PLC is a quoted public company owned by over 26,000 shareholders spread over the six geo-political zones of Nigeria. The Bank's balance sheet has grown from N12 billion in 2012 to about N68 billion, with asset financing of over N30 billion (as at end of 2016) and customer base of over 230,000 cutting across all strata of the society.

yakbauer:
This info is very useful,thanks.
But they should've used a bank with wider reach.

saintjoel:




JAIZ EMERGES FIRST IN CUSTOM E-AUCTION INTEGRATION PLATFORM

Jaiz Bank Plc, the only full-fledged non-interest bank in Nigeria has emerged the first commercial bank in the country to integrate the Nigerian Customs Service e-auction platform.

The e-auction platform was part of the restructuring mandate initiated by the Comptroller General of Customs, Col. Hameed Ibrahim Ali (Rtd) when he resumed duty in 2015. It was aimed at blocking revenue leakages thereby increasing revenue generation for the government.

After repeated tests of the e-auction platform, the Nigeria Custom has deployed the e-auction portal yesterday with Jaiz Bank as the only Bank that has successfully completed the integration process thus enabling auction transactions on the portal.

The portal is now fully networked to Jaiz Bank as the only bank that has successfully completed the integration process out of the designated Banks. This will ensure that money accruing from the auction gets to the Central Bank of Nigeria Treasury Single Account for transparency and accountability.

The platform which is highly interactive will only give access to holders of TIN. Such tax payers will log in, read the guidelines, pay the non-refundable one thousand auction fee and proceed to bid for the items on auction. Hitherto, all auction by the custom are conducted through a manual process which was identified as non-competitive and opened to abuses hence the introduction of e-auction.

Jaiz Bank PLC is a quoted public company owned by over 26,000 shareholders spread over the six geo-political zones of Nigeria. The Bank's balance sheet has grown from N12 billion in 2012 to about N68 billion, with asset financing of over N30 billion (as at end of 2016) and customer base of over 230,000 cutting across all strata of the society.

zamirikpo:
thanks for the update and pls has anyone initiated any bids successful or not, pls educate us.

saintjoel:


We learnt 43 people have won bids.

saintjoel:


We learnt 43 people have won bids.

agabusta:


It seems the mainstream banks do not know how to fund the E-wallet. Do you have an idea of any of the banks that has successfully funded the Customs E-wallet?

saintjoel:


Jaiz bank.

agabusta:


Thank you. Unfortunately it seems once, a bank is selected, it cannot be changed again. I just wonder why all the other banks were listed there, despite that they actually cannot fund the e-wallet. Hope not be another strategy for bias sha?

abuuthmaan:
Good day, @saintjoel, please what is the interval between opening of one bidding window and another, as in do they have a particular day for opening the bidding window ?

abuuthmaan:
Good day, @saintjoel, please what is the interval between opening of one bidding window and another, as in do they have a particular day for opening the bidding window ?

abuuthmaan:
Good day, pls is it possible to change the designated bank cus i paid money into my e-wallet but up till thus moment, the e-wallet account is yet to be funded thus hindering my chance.

Also,who has their contact number, help as it's urgent

saintjoel:




Only jaiz bank is online.

saintjoel:




Only jaiz bank is online.

abuuthmaan:
Pls someone should help on how to change bank on the platform, very important

agabusta:


All the banks are now online.

agabusta:


All the banks are now online.

saintjoel:




Thanks for the updates