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

DEADLINE: 9TH NOVEMBER, 2020

The Nigeria Deport Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Microfinance banks (MFBs), hereby invites interested members of the general public to buy the assets (Landed property) of the –listed defunct MFBs through PUBLIC COMPETITIVE BIDING:

S/NOBANKLOCATIONDESCRIPTION OF PROPERTYOWNERSHIPSALESAGENT
1Allied Bank of NigeriaPlc.Plot A348 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 450sqmBankOwned08033372110&0809101001
2Allied Bank of NigeriaPlc.Plot A347 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 590sqmBankOwned08033372110&0809101001
3Allied Bank of NigeriaPlc.Plot A349 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 450sqmBankOwned08033372110&0809101001
4Allied Bank of NigeriaPlc.Plot A350 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 620sqmBankOwned08033372110&0809101001
5Allied Trust Bank Plc.35 Enerhen Road, Warri, Delta StateA Purpose Built Bank Structure on Two Floors (ground and first). a Gate Mouse and a Generator HouseBankOwned09188277949&08037438529
6Allied Trust Bank Plc.IT Village & Training Complex, Igwuruto, Port HarcourtA Well-Built Training Centre Standing on Two Floors (ground and First): a Purpose Built Mansion Serving as Lodge, on two FloorBankOwned08034070589
7Allied Trust Bank Plc.Mgbodo Village, Aluu, Port HarcourtUndeveloped Farm LandBankOwned08034070589
8Assurance BankFiditi, Oyo StatePurpose Built Banking PremisesBank Owned08034070589
9Allied Trust Bank Plc.2, Warehouse Road, Apapa LagosOne Story BuildingBankOwned08035777438&08023071614
10Assurance BankNo. 13/14 Bichi District, Admin. Area KM 44 Katsina Rd, KanoPurpose Built Banking Premises (Bungalow) situate at the business hub of the townBankOwned08065744744&08025477321
11City Express BankIbeju Lekki Lagos40 hectares of land at Ibeju LekkiBankOwned08033308747
12Benhouse Building Society LtdOff Abu King Shuluwa Road, Makurdi, Benue StateUndeveloped Plot of Land Measuring 1.160 HectaresBankOwned08065696000
13City Express BankIlaro, Ogun State30 room of 2 Storey Building, as Hostel AccommodationBankOwned08038981964
14Mortgages PHBLake View Estate Amuwo Odofin, Lagos4 Units, of 3 Bed Room Flat at Lake View Estate Amuwo Odofin, LagosBank own08023200502
15Omega Savings and Loans LtdErekesan Market, Akure, Ondo StateA 2-Storey Building close to the Entrance of the MarketBank own08034183743
16Ehiti MFBIsinweke in Ihite/Uboma L.G.A. Imo StateParcel of LandBank Owned08033281058
17Umuenze MFBNkwo Market, Orumba South LGA, Anambra State13 No Blocks of StoresBank Owned08033281058
18TRI-Star MFB9th Mile Obola-Afor, Old Road, Beside Afor Main Maeket, Eha-Alumuna Nsuka, LGA., Enugu StatePurpose Build Bank Building on Two Floor with a Gate HouseBank08034067330
19Ifonyin MFBIdiroko Road, A gengule, Ilase,Purpose Built Banking Premises (Bungalow)Bank Owned08034183743
20Saminaka MFBNo. 5, Rd B. Jumare Ward, GRA Saminaka Town, ZariaPlot of Land Measuring about 1,350smBank Owned080378777369 & 08050607202
21Integrated MFBAleshinloye, Oyo StateOne Storey Building for Banking PurposeBank Owned08038981064
22Idah MFBNo. 60 Ayegba Oma-Idoko Way, Idah, Kogi StateOne Storey Building for Banking PurposeBank Owned08030031776
23Akpor COE MFBOdohia RumuolumeniObio/Akpor LGA, River StatePurpose Built Banking Hall with Generator and Gate HouseBank Owned08034070589
24TMCSavings And Loan LtdNo. 37, Aggrey Road, Port Harcourt, Rivers StatePurpose Built Banking Property on two FloorsBankOwned07064777218
25Otun-Ekiti MFBOdo Oja Road, Otun Ekiti MobaLGA Ekiti StatePurpose Built Banking Premises(Bungalow)BankOwned08038981064
26NexusMFBPlot 339. Niteco Road, Tunga, Minna, Niger State4 Bungalow use Banking PurposeBankOwned08033115075
27EDET MFBUdet Ukpom Market Square,4-Room Office Bungalow for Banking PurposeBankOwned08031129418
28CommonBenefitMFBNo. 1,CommunityRoad, Oke Ira, Ogba, Lagos by Oke-Ira Community, Lagos State2 Storey BuildingBank Own08052692922
29Ipe MicroFinanceBankAlong Oka-Epinmu Way,Igede Quarters,Epinmu Akoko,Akoko South/ East LGA, OndoStateTwo Plot of LandBankOwned07069475051
30LaluponMicroFinanceBankSlaughter Slab at Lalupo, Oyo StateSlaughter SlabBankOwned07069475051
31LaluponMicroFinanceBankUndeveloped Plot of land at Ayodeji, Oyo StateUndeveloped Plot of LandBankOwned07069475051
32LaluponMicroFinanceBankUndeveloped Plot of land at Ibadan/Iwo Road, Oyo StateUndeveloped Plot of LandBankOwned07069475051
33LaluponMicro FinanceBank2No. Lock up Shop around Ban premises, Lalupo, Oyo StateUndeveloped Plot of LandBankOwned08069475051
34ArochukwuMFBAforArochukwuMarket, AbiaStateUndeveloped Parcel of Land measuring 610.005m2 located at Amaikpe Square, Arochukwu LGABankOwned08033281058&80120001957
35Acheajeb wa MFB,ACHEAJEBWA MFB, No. 6, Opposite Modern Market, Kaduna Road, SarkinPawa, Niger StateBungalowBankOwned08035896657
36TokiRainbow  MFB68 Nkpogu Road, Off Trans Amadi Industrial Layout, Port Harcourt, Rivers State1-Storey BuildingBankOwned08034070589
37TattalliMFBAlong Kaduna- Lagos Road, Makera Town Mashegu LGABungalowBankOwned08035896657
38Omega Savings & Loan LtdErekesan Market, Akure, Ondo State1-Storey BuildingBankOwned08034070589
39OkporoMFBMgbidi Road, Orlu L.G.A, Imo StateBungalowBankOwned08033281058&08120001957
40Royal Saving & LoansNo. 3, Effurun – Sapele Road, Warri, Delta StateBungalowBankOwned08023201421
41Hamdala MFBMakarfi, Kaduna StateBungalowBankOwned07037968007&09078311115

INSPECTION
All interested bidders are invited to contact the Sales Agents through the stated phone numbers in the schedule above for guided inspection of the properties and further inquiries.

BIDDING CONDITIONS
Bids together with 10% of the bid amount in Certified Bank Draft /Cheque should be submitted in a sealed envelope with “BID FOR LANDED PROPERTY” inscribed on the top left corner of the envelope. The bid should indicate Name, Address and Telephone Numbers. The successful bidder will be required to pay the balance of the bid price within 30 days of notification while unsuccessful bidders will get a refund of their deposits immediately. The property is sold “as is” and “net” of all taxes.

SUBMISSION OF BIDS
Bids should be submitted to the office of the Sales Agent indicated above or The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, Lagos Office, NECOM House (25 Floor), 15 Marine Lagos on or before 4:00pm, 9th November, 2020

OPENING OF BIDS
Submitted bids will be opened in the presence of all bidders on Tuesday 10 November, 2020 by 12 noon prompt at the meeting Room, NDIC Lagos Office, (25th Floor), NECOM House, 15 Marina, Lagos.

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