NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)
SALE ASSETS OF CLOSED MICROFINANCE BANKS BY PUBLIC AUCTION PUBLIC COMPETITIVE BID

DEADLINE: 9TH NOVEMBER, 2020

The Nigeria Deposit 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 under listed defunct MFBs through PUBLIC COMPETITIVE BIDING:

S/NoBankLocationDescription of PropertyOwnershipSales Agent
1Allied Bank of Nigeria Plc.Plot A 348 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 450sqmBank Owned08033372110 &0809101001
2Allied Bank of Nigeria Plc.Plot A 347 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 590sqmBank Owned08033372110 &0809101001
3Allied Bank of Nigeria Plc.Plot A 349 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 450sqmBank Owned08033372110 &0809101001
4Allied Bank of Nigeria Plc.Plot A350 New Karu Layout Nassarawa StateUndeveloped Plot of Land Measuring 620sqmBank Owned08033372110 &0809101001
5Allstates Trust Bank Plc.35 Enerhen Road, Warri, Delta StateA Purpose Built Bunk Structure on Two Floors (ground and first), a Gate House and a Generator HouseBank Owned08188277949 & 08037438529
6Allstates Trust Bank PlcIT Village & Training Complex, Igwuruta, Port HarcourtA Well-Built Training Centre Standing on Two Floors (ground and first); a Purpose Built Mansion Serving as Lodge, on Two FloorBonk Owned08034070589
7Allstates Trust Bank Plc.Mgbodo Village, Aluu, Port HarcourtUndeveloped Farm LandBank Owned08034070589
8Assurance BankFiditi, Oyo StatePurpose Built Banking PremisesBank Owned08038981964
9Allstate Trust Bank Plc.2, Warehouse Road, Apapa, LagosOne Story BuildingBank Owned08035777438 & 08023071614
10Assurance BankNo. 13/14 Bichi District, Admin. Area KM 44 Katsina Rd, Kano.Purpose Built Banking Premises. (Bungalow) situate at the business hub of the TownBank Owned08065744744 & 08025477321
11City Express BankIbeju Lekki Lagos40 Hectares of land at Ibeju LekkiBank Owned08033308747
12Benhouse Building Society Ltd.Off Abu King Shuluwa Road, Makurdi, Benue StateUndevelop Plot of Land Measuring 1.160 HectaresBank Own08065696000
13City Express BankIlro, Ogun State30 room of 2 Storey Building as Hostel AccommodationBank Owned08038981964
14Mortgages PHBLake View Estate, Amuwo Odofin, Lagos4 Units of 3 Bed Room Flat at Lake View Estate Amuwo Odofin LagosBank own8023200502
15Omega Savings and Loans LtdErckesan Market, Akure, Ondo StateA 2-Storey Building close to the Enrcance 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 Market, Eha Alumuna, Nsuka, LGA, Enugu StatePurpose Bihld Bank Building on Two Floor with a Gate HouseBANK08034067330
19Ifonyin MFBIdiroko Road, Agengule, Ilase,Purpose Built Banking Premises (Bungalow)Bank Owned08034183743
20Saminaka MFBNo. 5, Rd, B, j-Jumare Ward, GRA, Saminaka Town, ZariaPlot of Land Measuring about 1,350smBank Owned08037877369 & 08050607202
21Intergrated MFBAleshinloye, Oyo StateOne Storey Building for Banking PurposeBank Owned08038981964
22Idah MFBNo. 60 Ayegba Oma-Idoko Way, Idah, Kogi StateOne Storey Building for Banking PurposeBank Owned08036031776
23AKPOR COE MFBOdohia Rumuolumeni Obio/Akpor LGA, River StatePurpose Built Banking Hall with Generator and Gate HousesBank Owned08034070589
24TMC Savings And Loan LtdNo. 37, Aggrey Road, Port Harcourt, Rivers StatePurpose Built Banking Property on Two FloorsBank Owned07064777218
25Otun- Ekiti MFBOdo Oja Road, Otun Ekiti Moba LGA Ekiti StatePurpose Built Banking Premises (Bungalow)Bank Owned08038981964
26Nexus MFBPlot 339, Niteco Road, Tunga, Minna, Niger State4-Bungalow use Banking PurposeBank Owned08033115075
27EDET MFBUdet Ukpom Market Square, Ukpom, Ikono LGA, Akwa Ibom State4-Rooin Office Bungalow for Banking PurposeBank Owned08031129418
28Common Benefit MFBNo 1, Community Road, Oke-Ira, Ogba, Lagos by Oke-Ira Community, Lagos State2-Storey BuildingBank Own08052692922
29Ipe Micro Finance BankAlong Oka-Epinmu way, Igede Quarters, Epinmu Akoko, Akoko South/East LGA, Ondo StateTwo Plot of LandBank Owned07069475051
30Lalupn Micro Finance BankSlaughter Slab at Lalupo, Oyo StateSlaughter SlabBank Owned07069475051
31Lalupn Micro Finance BankUndeveloped Plot of Land at Ayodeji, Oyo StateUndeveloped Plot of LandBank Owned07069475051
32Lalupn Micro Finance BankUndeveloped Plot of Land at Ibadan/Two Road, Oyo StateUndeveloped Plot of LandBank Owned07069475051
33Lalupn Micro Finance Bank2No. Lock up Shop around Ban Premises, Lalupo, Oyo StateUndeveloped Plot of LandBank Owned07069475051
34Arochukwu MFBAfor Arochukwu Market, Abia StateUndeveloped Plot of Land measuring 610.005m2 located at Amaikpe Square, Obinkita, Arochukwu LGABank Owned08033281058 &08120001957
35Acheajebwa MFBAcheajebWa MFB, No. 6, Opposite Modern Market, Kaduna Road, SarkinPawa, Niger StateBungalowBank Owned08035896657
36Toki Ralabow MFB68 Nkpogu Road, Off Trans Amadi Industrial Layout, Port Harcourt, Rivers State1-Storey BuildingBank Owned08034070589
37Tattalli MFBAlong Kaduna-Lagos Road, Makera Town Mashegu LGABungalowBank Owned08035896657
38Omega Saving & Loan LtdErckesan Market, Akure, Ondo State1-Storey BuildingBank Owned08034070589
39Okporo MFBMgbidi Road, Orlu LGA, Imo StateBungalowBank Owned08033281058 &08120001957
40Royal Saving & LoansNo. 3, Effurun-Sapele Road, Warri, Delta StateBungalowBank Owned08023201421
41Hamdals MFBMakarfi, Kaduna StateBungalowBank Owned07037968007 &09078311115

All interested bidders are invited to contact the Sales Agents through the state phone number 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 envelop. 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 (25th Floor), 15 Marina, 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 10th November, 2020 by 12 noon prompt at the meeting Room, NDIC Lagos Office, (25 Floor), NECOM House, 15, Marina, Lagos.

SIGNED:
Director, Asset Management Department,
Nigeria Deposit Insurance Corporation,
Lagos Office, NECOM House (25th Floor),
15 Marina, Lagos.