DEADLINE: 23RD NOVEMBER, 2022
NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)
AUCTION SALES OF ASSETS OF SOME CLOSED BANKS

The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Deposit Money Banks (DMBs), Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs), hereby invites Interested members of the general public to buy the assets (landed property) of the under listed defunct banks through Public Competitive Bidding:

S/NoBankLocationStateDescriptionAppointed Sales Agents
Deposit Money Banks (DMBs)
1All states Trust Bank Plc35 Enerhen Road, Warri, Delta StateDelta StateA purpose-built bank structure on two floors (ground and first), a gate house and a generator house08037438529 & 08188277949 
2All states Trust Bank PlcIT Village & Training Igwuruta, Port HarcourtRiverStateA well-built training centre standing on two, floors (ground and first); lecture lodge (standing on ground and first floors).    08064669704
3All states Trust Bank PlcMgbodo Village, Aluu, Port HarcourtRiver StateUndeveloped Farm Land08064669704
4Assurance BankAlong Fiditi Road, Fiditi, Oyo StateOyo StatePurpose Built banking premises (Bungalow)08034660272
5City Express BankKM 8, Lagos- Abeokula ExpresswayOgun StateA 4-room office complex, uncompleted 2 room bungalow and a warehouse with office complex on a land measuring over 1 hectare08034457511 & 08023120788
6Merchant Bank of AfricaEdiene Village, Ikono LGA Akwa IbomAkwa Ibom StateAn Oil Palm Mega Factory on an approximately 6,000sqm08027878892
7Lead BankPlot 721, Cadastral Zone C02, Gwarimpa 1 District, FCT, AbujaAbujaUndeveloped Parcelof land measuring about 1,382.69sqm09096268221 &         09096268225
8 Lead Bank Plot 392, I fire IleogunStreet, Gwarimpa 1 District, FCT, AbujaAbuja             Undeveloped Parcel of land measuring about 1,582sqm07069080997
9 Lead Bank Plot 353, I fire Ileogun Street, off Femi Kila Street, Gwarimpa I District, FCT, AbujaAbuja Undeveloped Parcel of land measuring about 1,178sqm 07069080997
10North South BankA1aba-Rago/Badagry Express Way, LagosLagosPurpose Built Banking Property (One Storey Building)08020913684 & 08130696102
PRIMARY MORTGAGE BANKS (PMBs)
11Benhouse Savings & LoansAbu King Shuluwa Road, GRA, Markurdi, Benue StateBenueUndeveloped plots of land0806596000
12Omega Savings and Loans LtdErekesan Market, Akure, Ondo StateOndo StateOffice /shop property located in a modern market08037147736
13Euro Banc Savings and Loans LtdNew Karshi, New Karu LocalGovernment Area, Nasarawa StateNasarawaState8.972 Hectares07069080997 & 08054208436
MICROFINANCE BANKS (MFBs)
14Amazing Grace  MFBOpposite St. Mary Anglican Nursery and Primary School. Oke, Ibadan, off Ibadan Road, Osiele, Abeokuta, OgunStateOgunStatePurpose Built banking premises (Bungalow)08038004150
15Gboko MFBAkren Ipav Road, Gboko South, Benue StateBenueBungalow08065696000 
16EDET NIFBUdet Ukpom Market Square. Ukpom, Ikono LGA Akwa Ibom StateAkwa Ibom State4-Room office bungalow for bank use08023159344 & 08098103228
17Etiti MFBIsinweke in Ihite/Uboma L.G.A. Imo StateImo StateParcel of land08033281058 & 08066551413
18Ifonyin MFBIdiroko Road, Ajegunle, Ilase, Ogun StateOgunStatePurpose Built banking premises (Bungalow)08038004150
19Idah MFBNo. 60 Ayegba Oma- Idoko Way, Idah, Kogi StateKogi StateOne Storey Building for banking purpose08076573205& 08065238561
20Owhowha Micro Finance BankEcheko Bush Otovwo- Uahelli, Delta StateDelta StateAbout 936sqm plot of land08023201421 &08037728702
21Prime MFBAkpan Andem Market Uyo, Akwa Ibom State  Akwa Ibom StatePurpose Built Banking Property (One Storey” Building) within 450msq area of land08027878892           
22Tri-Star MFB9th Mile. Obollo-Afor Old Road, beside Afbr Main Market, Eha- Alumuna, Nsukka, L.G.A., Enugu StateEnuguStateA Storey Biulding and a gate House08033041561
23KPACHARKAMFBRofia/Yauri Road, Agwara PMB 21, Kontagora, Niger StateNigerStateBungalow08037250279
24SADAU MFBNo. 3, Kofar Fada, Itas LGC, Bauchi StateBauchiState4 Bedroom gate house and Security house08020913684
25Q1, Otunba Gbenga Daniel Road, Ogun StateOgun State6No undeveloped plots of Land08038004150
26MASOYI MFBKagara, Rafi LGA, Niger StateNiger StateBungalow08034506499
27LavunkpanLagos-Bida Road,Lavun LGA, Kutigi, Niger StateNiger StateBungalow08037250279
28FATTAU MFBKaduna Lagos Road,NigerStateBungalow08037250279
29Ebu MFBEkeohoa/Illah Road, Oshimili North LGA Delta StateDelta StateBungalow08023201421 & 08037728702
30United MFBNo 2, Udumota Quarters, Ekpan Effuru, Warri, Delta StateDelta StateBungalow08037438529 & 08188277949
31Amuro MFBNo. 79, Federal Road, Okokcre, Amuro, Mopamuro, LGAKogi StateUndeveloped plots of land at No. 79 Federal Road, Post Office Close, Orekere, Amuro08076573205 & 08065238561
32Ldumuje MFBAbuano Square, Idumuje. Ugboko, Aniocha North LGA Delta StateDelta StateBungalow08133178176
33ArochukwuMFBAfor Arochukwu Market, Abia StateAbia StateUndeveloped parcel of land with Irrevocable Power of Attorney with Registration No. 71/71/56 measuring 610.005m208037799800
34Acheajebwa MFBACHEAJEBWA MFB, No. 6, Opposite Modem Market, Kaduna Road, Sarkin Pawa. Niger StateNigerStateBank Owned Building‘08020913684
35Toki Rainbow MFB 68 Nkpogu Road, Off Trans Amadi Industrial Layout, Port Harcourt, Rivers StateRiversState  Building  08064669704  
36Ijomu-Ore MFBCollage of Education, Oro Study Centre premises. Ore, Kwara StateKwaraStateOne Room Shop 08030623892 & 08035768747
37Chiegbe – Yaji MFBProperty at Ztmgeru Road. Lemu, Niger StateNiger StateBungalow98034506499
38Ajeko MFBProperty at Market Square, Near CMML Church, lyale Village, Dekina LGA, Kogi _ StateKogi StateUndevelop Parcel of land measuring about 389.62sqm98033114150

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 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 10% Bank Draft for the successful bidder will be retained by the Corpora on and they will be required to pay the balance of the bid price within 30 days of notification while the Bank Draft for unsuccessful bidders will be return 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 Agents indicated above or The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, Lagos Office, (9th Floor), Mamman Kontagora House, 23A, Marina, Lagos on or before 4.00pm, Wednesday, 23 November, 2022.

OPENING OF BIDS
Submitted bids will be opened in the presence of all bidders on Thursday, 24 November, 2022 by 12 noon prompt at the meeting Room, NDIC Lagos Office, (9th Floor), Mamman Kontagora House, 23A, Marina, Lagos.

For further enquiries, please contact:

DIRECTOR, ASSET MANAGEMENT DEPARTMENT,
NIGERIA DEPOSIT INSURANCE CORPORATION,
LAGOS OFFICE ANNEX,
MAMMAN KONTAGORA HOUSE, (9TH FLOOR),
23A, MARINA,LAGOS.
TEL NO: 08029997846