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

The NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC), in exercise of its right as Liquidator of failed Microfinance banks (MFBs), hereby invites interested members of the public to buy the assets (landed property) of the under listed defunct MFBs through competitive Sealed Bidding.

S/NO BANK NAME STATE LOCATION DESCRIPTION CONTACT
1 ABATETE MFB Anambra Abatete-Ogidi Road. Idemili North I.GA Bungalow 08033275721 & 08066584479
2 GUDDIRI MFB Bauchi No 10. Old Kano Road,Azare Bauchi State Bungalow 08034526727
3 GARU MFB Bauchi NO,5. Illelah Street, off Emir Road One Storey Building 08023804014 & 08059050504
4 ALOAYE MFB Edo No 31. Mission Road. Agenebode Etsako East LG A. Ldo Stale Bungalow 08188277949 & 08037438529
5 AMURO MFB Kogi No 79. Federal Road Okoker Amuro Mopamuro. L.G.A, Edo State 2No undeveloped plots of land 08083114150
6 TRANSWEALTH MFB Fkiti Palmsprings Garden Estate. Iworoko Road. Ado-Ekiti 3No undeveloped Plots of Land 08037147736 A’ 08039137123
7 MBA MFB Oyo Ojo-Aro Village near Olorunda. Ibadan. Oyo State An undeveloped Plot of Land 07046055202
8 KABBA MFB Kogi No 9. Market Road, Kabba Bungalow 08083114150
9 SADAU MFB Bauchi No. 3. KofarFada. Itas LGC. Bauchi State 4 Bedroom Bungalow, Gate/Security House and fenced round with solid gate 08065744744
10 ORAEZU MFB Anambra Shop Nos DI2/5 & D12 /6 Main Market Idemili North LG A 2NO shops 0803.3223277
11 BAKASI MFB Cross River 8th Miles. Calabar Cross River Suite Bungalow 08023159344
12 UNITED MFB Delta No 2. Udumota Quarters. Ekpan Effurun. Warri. Delta State Bungalow 0803772870208023201421
13 AFATAMODI OGUOLA MFB Ogun Odemo Road. Sabo Area. Oke Bola, Isara. Remo LGA Ogun State Bungalow’ 07040055202 012711051
14 AYETE MFB Oyo Ayete MFB. Ayete. Ibarapa North L.G.A Oyo State Bungalow 08035777438 & 08023071614
15 GBOKO MFB Benue Tomator Market by L.G.E.A Primary School. Akrenlpav Road. Gboko South. Benue State Bungalow 08065696000
16 OMU MFB Ogun Erebe Community Land Omu-ljebu. Ogun State 6 NO undeveloped Plots of Land 07046055202012711051
17 KPACHARKAMFB Niger Agwara Bungalow 08034524199
18 KPACHARKAMFB Guttanti Central Market Agwara 2 Plot of Land (12ft X 15ft) 08034524199
19 LAVUNKPANMFB Niger Bida-Mokwa Highway. Kutigi Town Lavun LGA Bungalow 08034524199
A. CONDITION OF SALE
(i) The properties are being sold on “as is” basis.
(ii) Prospective buyers are required to contact the Corporation’s Agents/Representatives through the phone lines provided for further enquiries
(iii) 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 hanks (In-Liquidation) and with an inscription “BID FOR LANDED PROPERTY,” on the top left hand corner of the envelope. The bid should contain the name, address and telephone numbers of the bidder.
(iv) The 10% draft for the unsuccessful bidders would be returned immediately, while the deposit becomes part-payment for the winner

B. SUBMISSION OF BIDS
Bids should be submitted to the office of The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, Lagos Office Annex, NECOM House (25th Floor), 15 Marina, Lagos on or before 4.00pm on Monday, 14 October, 2019.

c. OPENING OF BIDS
Submitted bids shall he opened in the presence of all bidders on Tuesday 15 October, 2019 by 12 noon prompt in the office of The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, as stated above.

SIGNED:
DIRECTOR, ASSET MANAGEMENT DEPARTMENT,
NIGERIA DEPOSIT INSURANCE CORPORATION, LAGOS OFFICE ANNEX,
NECOM HOUSE (25TH FLOOR),
15 MARINA, LAGOS.

https://www.naijabusiness.com.ng/opportunities/auction/2019/nigeria-deposit-insurance-corporation-ndic-sales-of-assets-of-closed-microfinance-banks-by-public-auction-and-public-competitive-bid-19-assets/