• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book

    Luxury Properties for Auction as EFCC Invites Bids Across Nigeria

    By
    Wilson Uwujaren
    -
    December 28, 2022
    EFCC
    EFCC

    Luxury Properties for Auction as EFCC Invites Bids Across Nigeria

    The Economic and Financial Crimes Commission, EFCC, has concluded plans to conduct sale of properties which are subject of Final Forfeiture Orders. The Commission on Saturday December 24, 2022 publicly announced the commencement of the auction exercise with advertorial in major newspapers inviting bids for the properties. According to the Commission, interested persons or organizations have until 12:00 noon Monday, 9th January, 2023 to submit their bids.

    The properties consisting of 61 Units of Luxury Apartments, Plots of Lands and Apartments across the country are being offered for sale in accordance with the Economic and Financial Crimes Commission (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.

    The distribution of the properties are: 24 Units of luxurious block of flats at Banana Island, Lagos; 21 Units of Luxury Terrace and Block of Flats at Thornburn, Yaba, Lagos; 16 Units of 4 Bedrooms Terrace Duplex at Heritage Court Estate, Port Harcourt;

    Others are Apartments and Plots of Land in Lagos State; Apartments and Plots of Land within Abuja Metropolis; Plots of land and Apartment in Anambra, Ebonyi and Gombe States; Apartments and Plot of Land in Kaduna, Delta and Edo States; Hotel, Plaza and Apartments in Kwara State and Apartments and Plots of land in Cross River, Osun and Oyo States.

    The auction is open to members of the public with the exception of individuals / corporate entities who have been / or are being prosecuted by the EFCC; Directors of such companies and employees of the EFCC.

    Read Also:

    • How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram
    • Nigerian Army Denies Losing Weapons to Bandits in Kwara Operation
    • Uba Sani Releases ₦2.3bn for Retirees and Families of Deceased Workers

    A competitive bidding process is being adopted for the disposal of the properties. The bid forms which can be downloaded from the EFCC website www.efcc.gov.ng must be submitted alongside 10% of the bid amount in Certified Bank Drafts payable to Economic and Financial Crimes Commission. If the sum exceeds N10 million, multiple Certified Bank Drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded.

    A successful bidder will be required to pay the 90% outstanding balance of the bid price within 15 working days of the bid submission deadline, failing which the 10% deposit becomes non-refundable and the properties can be offered to other buyers. Payments shall be made to EFCC through the Remita platform.

    Individuals occupying any of the properties listed may be given the Right of First Refusal provided they have a valid tenancy agreement; have paid rent up to date and must complete an Expression of Interest (EOI) Form which can be downloaded from the EFCC website: www.efcc.gov.ng

    Bids for properties must be sealed and submitted in the designated box at the following address: Economic and Financial Crimes Commission, Plot 301/302 Institutions and Research District, Jabi, Abuja.

    The deadline for the submission of all bids is 12:00 noon Monday, 9th January, 2023

    All bidders and/or their representatives are welcome to be present at the bid opening which will take place at the Convocation Ground, National Open University of Nigeria, opposite Economic and Financial Crimes Headquarters, Jabi, Abuja from Monday, 9th January, 2023 to Friday, 13th January, 2023.

    The highest bid for each property will emerge the winner subject to the highest bid being equal to or above the reserve price.

    In the event of a tied bid at the bid opening or where none of the bids match or exceed the reserve price, bidders will be required to submit fresh bids at the opening. The outcome of the fresh bid submissions will be announced at the bid opening.

    Wilson Uwujaren
    Head, Media and Publicity
    28th December, 2022

    VISIT OUR OTHER WEBSITES
    PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
    EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
    HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
    ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
    • TAGS
    • efcc
    Previous articleGidado Heads Kwara Senatorial Candidate’s Campaign Media Team
    Next articleBuhari decorates newly promoted commander, Brigade of Guards
    Wilson Uwujaren
    Wilson Uwujaren

    RELATED ARTICLESMORE FROM AUTHOR

    How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram

    GWA Award Winners 2025

    PHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th Anniversary

    Customs, NCC Strengthen Alliance on Device Monitoring, Security, Public Safety

    EFCC Arrests 42 Suspected Internet Fraudsters, Recovers Laptops, Phones in Yobe

    Military Foils Terrorist Attacks, Rescues Victims, Dismantles Hideouts in Sokoto, Kebbi

    ICPC

    ICPC Rises to 3rd Place in Transparency Index, Records Historic Leap in Integrity Score

    Nigeria and the Genocide Lie That Refuses to Die By Kabir Abdulsalam

    FULL TEXT INDEPENDENCE SPEECH: Tinubu Hails Nigeria’s Progress at 65 Tinubu, Lists Achievements, Promises Brighter Future

    President Bola Ahmed Tinubu

    Nigeria @ 65: Tinubu Hails Armed Forces, Claims Victory Over Boko Haram, IPOB, Bandits

    Bayo Onanuga: Between Bolekaja Publicity and Public Relations

    Nigeria at 65: Tinubu Lists 12 Economic Gains of His Reforms

    Governor Abba Kabir Yusuf, Kano State

    Gov Yusuf Launches N800m Youth Empowerment Scheme in Kano

    Recent Posts

    • How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram
    • Nigerian Army Denies Losing Weapons to Bandits in Kwara Operation
    • Uba Sani Releases ₦2.3bn for Retirees and Families of Deceased Workers
    • Group Urges CBN to Scrap 2% Service Charge on Hajj Fare to Reduce Pilgrimage Cost
    • NDLEA Dismantles Cocaine Cartels Behind UK Shipments, Arrests Suspects, Destroys 25,000kg Skunk Nationwide
    • Home
    • About
    • Adverts
    • Contact
    © 2020 PRNigeria. All Rights Reserved.
    Latest News
    How Irabor's Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko HaramNigerian Army Denies Losing Weapons to Bandits in Kwara OperationUba Sani Releases ₦2.3bn for Retirees and Families of Deceased WorkersGroup Urges CBN to Scrap 2% Service Charge on Hajj Fare to Reduce Pilgrimage CostNDLEA Dismantles Cocaine Cartels Behind UK Shipments, Arrests Suspects, Destroys 25,000kg Skunk NationwideKano Gov't Investigates Alleged Diversion of N4bn Dala Inland Dry Port FundsACF Warns of Alleged Plot to Cripple Dangote Refinery, Urges FG InterventionTroops Neutralise Terrorists, Repel Boko Haram Attack in BornoPHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th AnniversaryTroops Nab Terrorists’ Logistics, Drug Suppliers in BornoS/Arabia-Trained Graduates to Begin Forum on Sustainable DevelopmentChristian Genocide and the Conspiracy against Nigeria By Femi Fani-KayodeWe Arrested 450 Terrorists, Rescued 180 Abducted Victims in One Month - MilitaryOver 100 Jerrycans of Petrol Seized as Police Foil Smuggling to Niger RepublicNAFDAC Seals Chinese Supermarkets, Cosmetics Shops in Abuja
    X whatsapp