DEADLINE: 21ST MARCH, 2023
NATIONAL DRUG LAW ENFORCEMENT AGENCY (NDLEA)
AUCTION SALES OF LANDED PROPERTIES (EXTENSION OF BIDS)
The General Public is hereby notified that the National Drug Law Enforcement Agency (NDLEA) has extended the process of the bid for the conduct of sale of landed properties earlier advertised in the Sun & Daily Trust Newspapers on pages 10 & 43 respectively on Tuesday, January 31st 2023. Following the inconclusive bids which was conducted on the 17th day of February, 2023, the bidding has been extended by three weeks with effect from Monday, 27th February, 2023 to Tuesday, March 21st 2023 in accordance with the NDLEA Act, Public Procurement Act, 2007 and Proceeds of Crime (Recovery and Management) Act, 2022.
| S/N | Address of the Property | Type of Asset | State where the Property is located | Description of the Property | Lot number |
| 1 | No, 2 St. James Close, Ajao Estate, Isolo, Lagos | Building | Lagos | Detached House – 6 Bedroom Duplex with Boys Quarters | 1 |
| 2 | Upper Agric Bachure Area, Jimeta Yola North LGA, Adamawa State | Building | Adamawa | 3-bedroom Bungalow, 2 Nos. 1 bedroom flats and 2 Rooms Boys Quarters (under construction in approximately 685 Sqm in a fenced premises). | 2 |
| 3 | Akabuezem Orafite Road, Nnewi Town, Anambra State | Building | Anambra | A storey building consisting of 1No. 1 Bedroom flat with perimeter fence | 3 |
| 4 | No. 30, Popoola Street, off Stadium, Akure | Building | Ondo | A fenced and gated Semi-Detached Bungalow of 2 Nos. 3 Bedroom flats on approximately 800Sqm | 4 |
| 5 | Opposite Redeemed Christian Church of God, Isiabo Community Akure | Building | Ondo | 2Nos. 2 Bedroom Semi-Detached Bungalow and 3 Nos. Shops on approximately 640Sqm (80% completed). | 4 |
ELIGIBILITY TO PARTICIPATE
To participate in the process, an interested party must meet the following criteria:
i. Individual/ Corporate entity must not have been/ or is being prosecuted by the NDLEA
ii. Directors of interested companies must not have been/ or are being prosecuted by the NDLEA
iii. Individual/Corporate entity must not have been convicted of any economic and financial crimes in Nigeria or abroad.
iv. Individual must not be an employee or a member of the family of an employee of the NDLEA
v. Individuals occupying any of the properties listed may be given the Right of First Refusal that they have a valid tenancy agreement; must have paid rent up to date;
vi. All applicants must depose to a verifying affidavit, indicating items i-iv above among others, a sample of which can be downloaded from the NDLEA website: www.ndlea.gov.ng
vii. All interested party must complete an Expression of Interest Form, which can be downloaded from the NDLEA website: www.ndlea.gov.ng
BIDDING PROCESS
i. A competitive bidding process has been adopted for the disposal of the properties
ii. Bid forms can be downloaded from the NDLEA website www.ndlea.gov.ng. Bid forms must be submitted alongside 10% of the bid amount in Certified Bank Drafts payable to NDLEA. Please note that if the sum exceeds N10 million, multiple certified bank drafts must be provided.
iii. The bid submission must be made in a sealed envelope with “BID FOR PROPERTY “LOT NUMBER inscribed on the top left corner of the envelope. Failing this instruction, the bid would be disqualified.
iv. The Certified Bank Drafts of unsuccessful bidders will be returned once the bidding process is concluded.
v. The 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 nonrefundable and the properties can be offered to other buyers. Payments shall be made to NDLEA through the remita platform.
viii. Bids cannot be withdrawn or cancelled once submitted.
SUBMISSION OF BIDS
i. Bids must be sealed and submitted in the designated box at the following address:
NDLEA National Hqtrs, No 6 Port Harcourt Crescent, off Gimbiya, Area 11, FCT, Abuja
ii. The deadline for the submission of all bids is 12:00 noon, Tuesday 21st March 2023. Any bid submitted otherwise would be disqualified
OPENING OF BIDS
i. Bids will be opened at 12 noon Wednesday 22nd March 2023.
ii. All bids will be opened at the Conference Room of NDLEA National Headquarters, No 6 Port Harcourt Crescent, off Gimbiya Street, Garki Area 11, FCT, Abuja.
iii. All bidders and/or their representatives are welcome to be present at the bid opening. The highest bid for each property will emerge the winner subject to the highest bid being equal to or above the reserve price. Results will be announced immediately after the conduct of the exercise.
iv. In the event of a tied bid at the bid opening or where none of the bids matches or exceeds 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.
v. Multiple bids for the same lot by a bidder would be disqualified.
PROPERTY INSPECTION
All interested bidders are invited to inspect the properties they are interested in bidding for. The properties will be sold on an “as is” and “where is” basis.
Signed Management
National Drug Law Enforcement Agency
