The Federal Road Safety Corps (FRSC) has stepped up its national market expansion drive with the opening of a new e-auction portal for disposing of seizures that have undergone the process of court condemnation.
According to the service, “ only tax payers with federal inland revenue service (FIRS) issued tax identification umber (TIN) will be eligible to participate in the new regime of auction sales of seized items by the customs service.
“The portal requires application to imput recent passport photo with a payment of non refundable administrative fees of N1000
The new e -auction portal for the sales of seized items at customs commands across the country is expected to reduce congestion in the various FRSC compound and increase revenue from the sales.
The Corps Marshal - of FRSC, Boboye O Oyeyemi, introduce the process as a way of enhancing transparency, reduce human contacts, and ensure that only the higher bidders, for any auctioned items takes it.

Aside tax identification number (TIN) by prospective bidders, other terms and conditions includes exclusion of FRSC officers and their families from participating in the bidding process either directly or by proxy.

The guidelines also indicate that auctioned vehicles cannot be replaced or fund paid refunded to bidders.

It was also gathered that successful bidders are expected to make payment within five working days as auctioned items whose winners fail to pay within the period forfeit the auctioned items to the second highest bidders.