DEADLINE: 10TH JUNE, 2026
NIGERIA ELECTRICITY LIABILITY MANAGEMENT LTD/GTE
REQUEST FOR EXPRESSION OF INTEREST (EOI) FOR VALUATION AND SALES OF PHCN NON-CORE ASSETS
(1) INTRODUCTION
The Nigeria Electricity Liability Management Ltd/Gte (NELMCO), is a Special Purpose Entity (SPE) created by the Federal Government of Nigeria, under the Electricity Power Sector Reform Act (EPSR), 2005 and Electricity Act 2023, saddled with the responsibility of managing the Liabilities and Non-Core Assets of the defunct Power Holding Company of Nigeria (PHCN).
NELMCO in pursuant of her mandate and in compliance with Section 85 (3)a of the Constitution of the Federal Republic of Nigeria 1999, and in line with the Public Procurement Act 2007, hereby invites interested consultants, qualified and reputable estate management firms for Expression of Interest (EOI) for the provision of services as Valuers and Sales Agents as part of the disposal process for the sale of defunct PHCN properties across the Federation.
(2) SCOPE OF WORKS
Appointment of Valuers and Sales Agents for the valuation and disposal of the under listed properties in the various Lots for disposal of approved PHCN properties located in various parts of Nigeria.
DESCRIPTION OF LOTS
Category 1: Appointment of Valuers
TABLE 1: LOT 1 A S/N PROPERTY ADDRESS DESCRIPTION 1 Property at Kafanchan, Kaduna State. Bungalows and BQ. 2 Property at Eleyele, Ibadan. Block A, flat 1 3 Property at Eleyele, Ibadan Block A, flat 2 4 Property at Eleyele, Ibadan. Block A, flat 3 5 Property at Eleyele, Ibadan Block A. flat 4 6 Property at Eleyele, Ibadan Block A. flat 5 7 Property at Shendam, Plateau State. Property is a fenced vacant land TABLE 2: LOT 1 B S/N PROPERTY ADDRESS DESCRIPTION 1 Property at GRA Katsina. 2 plots of Land (Separated with an internal fence) 2 Dutse, Jigawa State 5(Five) plots of land properly fenced but not developed. 3 Property at Sagamu, Ogun State 1No. 3-Bedroom Detached Bungalow. 4 Property at Bacita, Kwara State 5 Blocks of 2Nos. 2-Bedroom Flats each 5 Property at Oshogbo Osun State 4-bedroom Bungalow 6 Property at Oshogbo Osun State 3Nos. 2-Bed room Bungalows. 7 Property at Oshogbo Osun State 3Nos. flats. TABLE 3: LOT 1C S/N PROPERTY ADDRESS DESCRIPTION 1 Property at Keffi, Nasarawa State. 4Nos. 2-bedroom flats, 1No. 4-bedroom flat and 4 BQ fully fenced. 2 Property Minna. Niger State large expanse of land + 3-bedroom flat. 3 New Bussa, Niger State 12Nos. blocks comprising 6Nos. blocks of 4 rooms and 6Nos. blocks of 2 rooms + 2Nos. bungalows 4 Property at Kainji, Niger State Vacant land 5 Property at Kainji,Niger State Vacant land 6 Property at Nasarawa, Kano State. Block of 5-Storey office complex 7 Property at Minna, Niger State. Land TABLE 4: LOT 1D S/N PROPERTY ADDRESS DESCRIPTION 1 Property at Port Harcourt, Rivers State. Building 2 Property at Amawbia, Anambra State Property is a fenced vacant land. 3 Property at New Karu, Nasarawa State Underdeveloped plot of land 4 Property at Rafi. Kaduna State Underdeveloped plot of land 5 Property at Kaduna, Kaduna State Underdeveloped plot of land 6 Property at Port Harcourt, Rivers State Dilapidated Building 7 Property at Enugu State Underdeveloped plot of land TABLE 5: LOT 1E S/N PROPERTY ADDRESS DESCRIPTION 1 Property Located at Jos, Plateau State. 1 unit of abandonded building on a small piece of land 2 Property at Jebba, Kwara State Underdeveloped plot of land 3 Property at Ijora, Lagos Underdeveloped plot of land 4 Property at Island Lagos Vacant land 5 Property at Uyo Akwa Ibom State Block of Flats at Uyo, five(5) in number. 6 Property at Calabar, Cross River State Underdeveloped plot of land 7 Property at Katsina, Katsina State Underdeveloped plot of land 8 Property at Ovoe, Akwa Ibom State 1No. Small Bungalow
Category 2: Appointment of Sales Agents:
Lot 2A Appointment of Sales Agent for Assets listed in Table 1 Lot 2B Appointment of Sales Agent for Assets listed in Table 2 Lot 2C Appointment of Sales Agent for Assets listed in Table 3 Lot 2D Appointment of Sales Agent for Assets listed in Table 4 Lot 2E Appointment of Sales Agent for Assets listed in Table 5
(3) ELIGIBILITY REQUIREMENTS
Interested and reputable firms are requested to submit three (3) sealed EOI documents duly signed, paginated, separated by dividers and arranged in the order outlined:
(a) Evidence of Certificate of Incorporation issued by Corporate Affairs Commission (CAC) including Forms CAC2 and CAC7, or Business Name where applicable.
(b) Evidence of Firm’s Tax Clearance Certificate (or Personal Income Tax Clearance Certificates of all the Partners in case of Business Name) for the last three (3) years valid till 31st December, 2026;
(c) Evidence of Pension Clearance Certificate valid till 31st December, 2026;
(d) Evidence of Industrial Training Fund (ITF) Compliance Certificate valid till 31st December, 2026;
(e) Evidence of Nigeria Social Insurance Trust Fund (NSITF) Clearance Certificate valid till 31st December, 2026;
(f) Evidence of Registration on the National Database of Federal Contractors, Consultants and Service Providers by submission of Interim Registration Report (IRR) expiring on 31/12/2026 or valid Certificate issued by BPP.
(g) Evidence of Firm’s current registration with the Nigeria Institute of Estate Surveyors and Valuers (NIESV);
(h) Evidence of Firm’s current registration with the Estate Surveyors and Valuers Board of Nigeria (ESVARBON);
(i) Sworn Affidavit disclosing whether or not any officer of the relevant committees of the Nigeria Electricity Liability Management Ltd/GTE or the Bureau of Public Procurement is a former or present Director, shareholder or has any pecuniary interest in the bidder and to confirm that all information presented in its bid are true and correct in all particulars;
(j) Company’s Audited Accounts for the last three (3) years – 2023, 2024 & 2025;
(k) Reference Letter from a reputable commercial bank indicating willingness to provide credit facility for the execution of the project when needed;
(l) Company Profile with the Curriculum Vitae of Key Staff to be deployed for the project, including copies of their Academic/Professional qualifications (NIESV, ESVARBON);
(m) Verifiable documentary evidence of at least three (3) similar jobs executed in the last five (5) years including Letters of Awards and Job Completion Certificates;
(n) For Joint Venture/Partnership, Memorandum of Understanding (MoU) indicating Lead Partner should be provided (CAC, Tax Clearance Certificate, Pension Clearance Certificate, ITF Compliance Certificate, NSITF Clearance Certificate, IRR & Sworn Affidavit are compulsory for each JV partner).
Note: All documents for submission must be transmitted with a Covering/ Forwarding letter under the Company/Firm’s Letter Head Paper bearing amongst others, the Registration Number (RC) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.), and e-mail address. The Letterhead must bear the Names and Nationalities of the Directors of the Company at the bottom of the page, duly signed by the authorised officer of the Firm.
(4) SUBMISSION OF EOI DOCUMENTS
Interested firms are to submit two (2) bound of Expression of Interest (EOI) documents separated by dividers and arranged as indicated above. The documents should be submitted in a sealed envelope and addressed to: The Managing Director/CE Nigeria Electricity Liability Management Ltd/Gte 39 Jimmy Carter Street, Asokoro, Abuja and clearly marked with the name of the project and the Lot number. Furthermore, the reverse of each sealed envelope should bear the name and address of the bidder and deposited in the designated Tender Box located in the Ground Floor Conference Room at NELMCO Headquarters not later than Wednesday, 12:00pm 10 June, 2026.
(5) OPENING OF EOI DOCUMENTS
The EOI documents will be opened immediately after the deadline for submission on Wednesday, 12:00pm, 10 June, 2026 in the Ground Floor Conference Room, NELMCO Headquarters, 39 Jimmy Carter Street, Asokoro, Abuja in the presence of bidders or their representatives. Please, ensure that you sign the Bid Submission Register as the Nigeria Electricity Liability Management Ltd/Gte will not be held liable for misplaced or wrongly submitted bids. For further enquiries, please contact the Procurement Unit on email procurement@nelmco.gov.ng
(6) GENERAL INFORMATION
(a) EOI must be in English Language and signed by an official authorised by the bidder;
(b) EOI submitted after the deadline for submission will be returned un-opened;
(c) All costs will be borne by the bidders;
(d) Delivery through courier will NOT be accepted;
(e) The EOIs will be opened in the presence of CSOs and Professional bodies;
(f) Only shortlisted firms will be invited at a later date for collection of Request for Proposal;
(g) The Nigeria Electricity Liability Management Ltd/Gte is not bound to shortlist any bidder and reserves the right to terminate the Procurement process at any time without incurring any liabilities in accordance with Section 28 of the Public Procurement Act 2007.
SIGNED
MANAGING DIRECTOR/CEO
NELMCO
