DEADLINE: 25TH JUNE, 2026
NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)
SALE OF CHATTELS OF CLOSED PRIMARY MORTGAGE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID.

The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Primary Mortgage Banks (PMBS), hereby invites interested members of the general public to buy the assets (furniture, fixture, fittings, equipment, generators, motor vehicles etc) of the under listed defunct PMBS by PUBLIC COMPETITIVE SEALED BIDDING/AUCTION.

S/NSANK NAMEADDRESSSTATEAPPOINTEDAUCTIONEERDATE OF AUCTIONNDIC CONTACT PERSON
1UNION HOMES SAVINGS & LOANS4 Godis close, off Power Encounter Rord, Ellowanhi, off East-West Road, Port- Harcourt.RiversStateBeautiful Feathers Global LTD23/06/2026 – 25/06/2026PORT HARCOURT ZONAL OFFICE. No. 104, Wojl Road, off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State. 08023202134
2UNION HOMES SAVINGS & LOANSPlot 146, Okpanam Road, Asaba.DeltaStateSheyi Oladeji 0812112054723/06/2026 – 25/06/2026BENIN ZONAL OFFICE No. 28A & B, Benoni Road, Off Airport Road, GRA, Benin City, Edo State. 08035727023
3UNION HOMES SAVINGS & LOANSPlot 1479, 12 Ago Oro Crescent, off Ahmadu Bello Way, Garki.FCT,AbujaAnnie Nnochukwu &Associates0803311039323/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
4UNION HOMES SAVINGS & LOANSV20 Ahmadu Bello Way, Zaria Road, KadunaKadunaStateAbdulhad Logistics LTD 0803308593123/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
5UNION HOMES SAVINGS & LOANS37, Niger/Murtala Mohammed Way, KanoNB: Chattels were moved to NDIC Kano OfficeKanoStateKunle Amao & Co 0806034904923/06/2026 – 25/06/2026KANO ZONAL OFFICE Plot 44/45, Muhammad Muhammad Avenue, Off Maiduguri Road, Hotoro, GRA, Kano Phone NO 07088877887
6ASO SAVINGS & LOANSCorporate Head Office a Branch OfficePlot 266 FMBN •Building, Central Mrea AbujaFCT,AbujaAbu Usman Consulting 0803610175823/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
7ASO SAVINGS & LOANSparking Lot, Opp. Federal Secretariat Building, Eagle Square, AbujaFCT,AbujaArinze Unochuckwu & Associates 0803311039823/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
8ASO SAVINGS & LOANSThree Arms Zone, NationalAssembly, AbujaFCT,AbujaSina Adiatud & Co 0803404433123/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
9ASO SAVINGS28 Imam House, Ahmadu Bello Way, KadunaKadunaAbdulhad Logistics LTD 0803308593123/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
10ASO SAVINGS& LOANS         No. 29 Oba Akran Way, IkejaLagosKene Onuora Consulting23/06/2026 – 25/06/2026NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aisyu, 08062657895
11ASO SAVINGS& LOANSNo. 18Construction House, Adeyemo Street, VILagosAlao & Co 0806251265423/06/2026 – 25/06/2026NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895
12ASO SAVINGS & LOANSRS& House,Alagbaka, Akure         OndoPatron Auctioneers Nigeria LTD23/06/2026 – 25/06/2026NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895
13ASO SAVINGS & LOANSNo. 38 Sapele Road, Benin CityEdoKene Onuora Consulting23/06/2026 – 25/06/2026BENIN ZONAL OFFICE No. 28A & B, Benoni Road, Off Airport Road, GRA, Benin City, Edo State. 08035727023
14ASO SAVINGS & LOANS No. 2 Chona Street D/Line Port Harcourt Rivers Magyrd Momodu &Associates 0903416170123/06/2026 – 25/06/2026 PORT HARCOURT ZONAL OFFICE, No. 104, Woji Road, off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State. 08023202134
15ASO SAVINGS & LOANSClosing Bwari Brandi(Bank’s Archive) No. 1 Lafia Close Area 8 GarkiFCT, AbujaSina Adiatu & Co 0803404433123/06/2026 – 25/06/2026BEU (ABUJA), Plot 447/448, Constitution Avenue; Central Business District, Abuja. 08038218798

AUCTION PROCESS

The Public Auction for the furniture, fixtures, fittings & equipment, etc. (ASSETS) will take place from 23 to 25 June, 2026.

CONDITIONS FOR BIDDING FOR THE ASSETS

(1) Bids should be submitted in a sealed envelope together with a deposit of 10% of the bid price in Certified Bank Draft in favour of the respective primary mortgage banks (In- Liquidation) and with an inscription “BID FOR ASSETS,” on the top left hand corner of the envelope. The bid should contain the name, address and telephone numbers of the bidder. The successful bidder will be required to pay the balance of the bid price within 24 hours of winning the bid.

(2) Financial Institutions will be given preference.

(3) The 10% draft for the unsuccessful bidders would be returned immediately.

(4) Bids should be submitted to the Auctioneers or NDIC Contact persons within the stated period.

(5) Submitted bids shall be opened before the bidders at the various locations.

(6) All Assets are sold as “as is” and “net of all taxes”.

(7) All purchased items must be evacuated within 24 hours of purchase.

For further enquiries, please contact:

Director,
Asset Management Department,
Nigeria Deposit Insurance Corporation, Lagos Office,
Mamman Kotangora House (9th Floor).
23A, Marina,Lagos.
Tel No: 08035925533
Lagos Office

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