Jide Taiwo And Co.- Invitation To Bid For Properties With Vacant Possession Located Across The Country (20 Lots)

DEADLINE: 27TH MARCH, 2025
JIDE TAIWO AND CO. AND OTHERS
INVITATION TO BID FOR PROPERTIES WITH VACANT POSSESSION LOCATED ACROSS THE COUNTRY

ELIGIBILITY TO PARTICIPATE
Bidders are required to complete “Know Your Client” form as part of the bid submission process and to disclose any further information as may be required by the receiving Sales Agent.

SUBMISSION OF BIDS

1. Bids must be addressed to the offices of any of the Sales Agents listed below.
2. Deadline for submission of bids is March 21, 2025, at 5:00pm

OPENING OF BIDS

1. The Bids will be opened on March 27, 2025, by 12 Noon. The Venue for the Bid Opening will be communicated to all eligible Bidders.
2. Bidders and/or their nominated representatives are expected to be present at the opening of the bid.
3. The highest bid for each Property will be the tentative winners SUBJECT to:
4. The bid being equal or above the advised reserve price.
5. The concurrence of the “Selling Party” and the consent of the “Selling Party’s regulator” whose decision in this regard shall be final.
6. Fraud, Failure to fully disclose material facts or Misrepresentation of facts/identity of the Bidder shall disqualify the Bid at any stage of the Bidding process and/or whether or not the Bid is declared the tentative Winning Bid.
7. In the event that two or more Bidders have a tie on the highest bid, the tying bidders shall be required to immediately make a second bid and the highest bidder amongst them shall be the tentative winner, subject to the condition in (3) and (4) above.
8. All bids will be announced immediately after the opening.
9. The return of certified bank drafts to unsuccessful Bidders will be processed within twenty-one days after the bidding closes and tentative winner announced.

BIDDING PROCESS

1. Disposal of advertised properties will be by competitive bidding and bids must not be below reserve price.
2. Bids must be made on bid forms and submitted together with a duly completed “Know Your Client” form and 10% of the bid amount in certified bank draft made payable to the agents for respective properties. Bid document and “Know Your Client” forms are to be obtained from the offices of any of the Sales Agents.
3. Bids must be submitted in sealed envelopes with “Bid for Property” and “bidder’s contact address” marked on the top left corner of the envelope.
4. Bids made by one Bidder through more than one Sales Agent shall be disqualified.
5. The successful bidders will be required to pay the 90% balance of the bid within 1 month of the receipt of Approval of Sale from the Sales Agents failing which the 10% becomes un-refundable and the Selling party will be free to offer the property to other buyers.
6. Bids cannot be withdrawn or cancelled once submitted. Where this occurs, the initial 10% deposit becomes non-refundable.
7. Collusion with a Sales Agent or another Bidder(s) to circumvent any Bid or the Bidding Process shall automatically disqualify the Bidder, colluding Bidder and their Bids.
8. Where the Selling Party’s regulator declines to accept the winning Bid after Ninety (90) days of winning the Bid, the funds deposited by the Winning Bidder shall be returned to the Winning Bidder.
9. By participating in this bid, each bidder is deemed to have unconditionally accepted all the terms and conditions stated in this advertisement.
10. All Sales Agents are ‘agents’ of the Selling party with respect to this Bid Advert only.

PROPERTY INSPECTION
Interested bidders can contact the sales agents for guided inspections of the properties and further enquiries. Each of the properties listed herein are sold on “as is basis” (in the condition they presently exist).

LIST OF PROPERTIES UP FOR BID

ACCREDITED SALES AGENTS

Sales Agent: JIDE TAIWO AND CO.
Plot 136, Sinari Daranjo Street, Victoria Island, Lagos.
Email: visland@jidetalwoandco.com; patienceada@jidetaiwoandco.com; kano@jidetaiwoandco.com
Contact Persons: Patience Ada: 07052090161; Akin Oyeniji: 07052090393

Sales Agent:
Ubosi Eleh & Co
27, Obafemi Awolowo Way, Ikeja
Email: skanu@ubosieleh.com; sfawole@ubosieleh.com; infoikeja@ubosieleh.com
Contact Persons: Solomon Kanu: 08075559870

Sales Agent:
Omale & Co4
Kudang Street, Off Monrovia Street Aminu Kano Crescent, Wuse II, Abuja
Email: omale.omaleco@gmail.com
Contact Person: Emmanuel Adebayo 08168240592.

Sales Agent: Osas & Oseji
Eleganza Biro Plaza, 4th Floor, Plot 634 Adeyemo Alakija, Street Victoria Island Lagos.
Email: ifyokafor@osasoseji.com; lagos@osasoseji.com
Contact Persons: Ifeanyi Okafor: 08030999447

Sales Agent: Aminu & Partners
Letco House M1, Ahmed bello Way, Kaduna
Email: aminuand partners@yahoo.com
Contact Persons: Aminu Patrick: 08033208180

Sales Agent: Diya Fatimilehin
Plot 237B, Muri Okunola Street, V/Island, Lagos
Email: iyiade.adebiyi@diyafatimilehin.net
Contact Persons: Iyiade Adebiyi/Oluwole Salau; 08057414403; 08154990437

Sales Agent: Etudo & Co2
17a Igbosere Road, Lafiaji Lagos
Email: info@etudoandco.com
Contact Persons: N.P Igboko, U.S Iheduru, F.O Obiaro; 0803237095; 08023120550

Sales Agent: Kanu Iroegbu & Associates
38, Kofo Abayomi Street, (Ground Floor) V/Island, Lagos
Email: kanuovim@gmail.com
Contact Persons: K. J. Iroegbu: 08033082713, 08020567745

Sales Agent: Ora Egbunike & Associates
Suite 4B, 6B & 7B Entrance 2, 1^ST Floor, Tafawa BalewaSquare Complex, Race Course, Lagos
Email: oraegbunike@gmail.com
Contact Persons: Emeka Obodoechina, Paul Okwunayanga: 08129128194; 08128082811

Sales Agent: William & Partners
Festac Tower, 2nd floor, 22 Road Festac, Lagos
Email: williamand partners22@gmail.com
Contact Persons: Okpala: 08023070968, 07039359311

Sales Agent: Anene & Associates
20, Oduyemi Street, Off Obafemi Awolowo way, Ikeja, Lagos
Email: aneneandassociates@yahoo.com, kenedyaneneprpoerties@yahoo.com
Contact Persons: Kennedy Anene: 08033344081

Sales Agent: Emma Ezeama & Co
Suite WW 41 2nd floor, Entrance 6, TBS Complex, Racecourse, Lagos State
Email: emmaezeamaandco@gmail.com
Contact Persons: Akano Nurudeen: 08164933190

Sales Agent: Chuka Ebene & Co.
Suite 411, Ikeja Shopping Plaza, 81 Mobolaji bank Anthony Way, Ikeja
Email: chukaebene_co@yahoo.com
Contact Persons: 08056071477, 07025239000

Sales Agent: Okolo Okolo & CO (ESV)
9B Christ Avenue, Lekki Phase 1, Lagos
Email: reachnjide@yahoo.com
Contact Persons: Njide: 08036742751, 09021272411

Sales Agent: Property generate Company
No 14, Salvation Road, Opebi, Ikeja, Ground floor, Right wing, Lagos
Email: propertigenerate@yahoo.com
Contact Persons: Obi-Dickson Ikene: 08033310415, 08173310415

Sales Agent: Metu Francis & Co
27/29, Odunlami street, Chris Ezem suite, off Broad street lagos
Email: bfmetu4@yahoo.com
Contact Persons: MR. METU FRANCIS, BSC; ANIVS: 07028103889; 08058450149

Sales Agent: Osato Osawaye
Block A, Suite 34, First Floor, Alausa Mall, Obafemi Awolowo Way, Ikeja, Lagos
Email: osatosawaye @gmail.com
Contact Persons: Osato: 08033033923; 09070734409

Sales Agent: Chima Odibo Consulting
Block A4, Suite 94, Sura Shopping Complex, Simpsom Street, Lagos
Email: urenwa2011@gmail.com
Contact Persons: Chima Odibo: 08098935575x

Sales Agent: S. O. Chinwuba
45, Chime Avenue, New Haven, Enugu
Email: soccoms@yahoo.co.uk
Contact Persons: Shedrack Onwubguzina: 08032639814

Sales Agent: Chike Moneme & Co
115, Allen Avenue, Ikeja, Lagos
Email: chikeamb@yahoo.co.uk
Contact Persons: Chike Monema: 08033216506