NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)
SALE OF ASSETS OF CLOSED MICRO FINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID

The Nigeria Deposit Insurance Corporation (NDIC), in exercise of this right as Liquidator of failed Micro Finance Bank (MFB), hereby invites interested member of the general public to buy the assets (furniture, fixture, fillings, equipment, generators, motor vehicles etc) of the under listed defunct MFBs by PUBLIC COMPETITIVE BIDDING/AUCTION and sealed Bids for Motor Vehicles and Generators:

S/NBANK NAMEADDRESSSTATEAUCTIONEERS NAME AND PHONE NO.AUCTION DATENDIC  CONTACT PERSON
1STAKO MFBNO. 1 Mobile road, Apapa, LagosLagosAlhaji YSOA Abdulllahi Nig.Ltd 08038339475 & 0802202223622/05/0219 to 25/05/2019NDIC (ASSETMANAGEMENT DEPARTMENT)Odili, 08131695143. John, 08029997846. Tijani, 08036142876
2OMU MFBNO. 1 Otumba Gbenga Daniel Street, Omu-ijebu Ogun stateOgunAnswereth Culture Enterprises 07033661741 &  0802384543022/05/2019 to 25/05/2019Ditto
3AFATAMODI – OGUOLA MFBBank House, Oke Oyingbo, Odemo Road, Ogun StateOgunAnswereth Culture Enterprises 07033661741 & 0802384543022/05/2019 to 25/05/2019Ditto
4AYETE MFBAyete Postal Agency, Ayete Ibarapa North LGAOYOKingly Ejikson Enterprises 0806002068922/05/2019 to 25/05/2019Ditto
5ERUNWON MFBNo. 1 Churchstreet, Erunwon Town, Ijebu Ode, Ogun StateOgunAihaji YSOA  Abdullahi Nig. Ltd 08038339475 & 0802202223622/05/2019 to 25/05/2019Ditto
6NEW VISION MFBTakie Square Oyo/Ibadan Road, Ogbomosho. Oyo StateOyoKingly Ejikson Enterprises 0806002068922/05/2019 to 25/05/2019Ditto
7MBA MFB51, Ashi Bidija Road, IbadanOyoAnswereth Culture Enterprises 07033661741 & 0802384543022/05/2019 to 25/05/2019Ditto
8HARVEST MFBOlujudo Road, Ido-osi LGAEkitiOkebulu Ajike 08123277951 & 080337060422/05/2019 to 25/05/2019Ditto
9TRANSWEAL.TH MFBNo. 1 Owode Street, Odo – Ado Street Ekiti StateEkitiOkebulu Ajike 08123277951 & 0803377060422/05/2019 to 25/05/2019Ditto
10ABOKI MFBPlot 2, Murtala Mohammed Squere, by Independence way, Kaduna StateKadunaAlhaji Mohammadu Salihu 08066764476 08034644944 & 0802314095222/05/2019 to 25/05/2019BEU (ABUJA). Plot 447/448, constitution Avenue,  contact Business Directors in Abuja: 080063424357 & 08039187500
11AMURO MFBPlot  office building, Amuro, Laogs LGAKogiFero Investment Ltd 07058816222 & 0818628604722/05/2019 to 25/05/2019Ditto
12SKYLINE MFBNo. 2, Baba street, mararaba, Nasarawa StateNasarawaMaiiam A.A Raha & son 0806724641322/05/2019 to 25/05/2019Ditto
13LAPANI MFBNo.7, Ahmadu Bello way, Lapai, Niger StateNigerMallam A.A Raha & son 0806724641322/05/2019 to 25/05/2019Ditto
14KPACHARKA MFBAgwara, Niger StateNigerYakubu Mohammed 0803333436922/05/2019 to 25/05/2019Ditto
15COMMONWEALTH MFBNo. 8b, kagoro road, kafanchanKadunaTread lines Investment Ltd  0806036435322/05/2019 to 25/05/2019 Ditto
16ZUMWA MFBUnguwan Sarki, Sabon-WuseNigerYakubu Mohammed 080333346922/05/2019 to 25/05/2019Ditto
17NEU-KOM MFBSuit 14b plaza, No. 23 Ekukinam street UtakoFCT AbujaBawa Garba Enterprises 0803290355522/05/2019 to 25/05/2019Ditto 
18GAINS MFBNo. 2 marine road, Lokoja, Kogi StateKogiYakubu Mohammed 0803333436922/05/2019 to 25/05/2019Ditto
19INRI MFBPlot 100, Okigwe, Afikpo Hope vile junction Uturu,AbiaGlobal services Nig. Ltd 0803546398022/05/2019 to 25/05/2019ENUGU ZOMAL OFFICE, No. 10 our Lord’s street Independence layout, Enugu. 08059763471
20OHAMBELE MFBNdoki, Ukwa East LGAAbiaMezue & associates 08033097742 & 0805100538822/05/2019 to 25/05/2019Ditto
21OGIDI MFBAkpalapgwe, old Enugu/ Onitsha OgidiAnambraCHIEF J.C.I O Gabuagu & co. 0802338963322/05/2019 to 25/05/2019Ditto
22  ORAEZU MFBNo. 3 Igweike odu strt. Omagba OnitshaAnambraCHIEF J.C.I O Gabuagu & co. 0802338963322/05/2019 to 25/05/2019Ditto    
23ABATETE MFN Idemili north LGAAnambraI.O.U & Sons enterprises 08037584627 & 0803675336222/05/2019 to 25/05/2019  Ditto     
24ORIE ORBA MFBNo. 1 obollo road orie orba, udenu LGAEnuguMezur & Associates 08033097742 & 0805100538822/05/2019 to 25/05/2019Ditto
25ARONDIZIOGU MFBNdiakunwa NTA Uno, arondiziogu, ideato north LGAImoKalu kalu & partners 0 Imo 803328105822/05/2019 to 25/05/2019Ditto
26AMAIFEKE MFBAmaifeke orlu Imo stateImoKalu kalu & partners 0803328105822/05/2019 to 25/05/2019Ditto
27SAVIOR MFBNo. 141 Oweri road, Imo stateImoKalu kalu & partners 0803328105822/05/2019 to 25/05/2019Ditto
28IDEATO SOUTH MFBPlot 1, ideato central market Ntueke Ideato southImoI.O.U & Sons enterprises 08037584627 & 0803675336222/05/2019 to 25/05/2019Ditto
29UGBOJU MFBNo. 2, ogbobia, ubaboju ehakje ward, O tukpoBenueFrank maluze & associates 08037976466 08033129022 0807974200122/05/2019 to 25/05/2019Ditto
30ALACHE MFBNo. 2, bank read, ojoja, cross river stateCross riverMechelex international Ltd 08033486551 0802274422622/05/2019 to 25/05/2019Ditto
31FCE MFB OBUDUFederal college of education, obuduCross riverFrank maluze & associates 08037976466 08033129022 0807974200122/05/2019 to 25/05/2019Ditto
32BAKASI MFB8th miles, calabar, cross river stateCross riverGlobal services Nig. Ltd 0803546398022/05/2019 to 25/05/2019Ditto
33GBOKO MFMNo.40 J.S. Tarka way, gboko LGA Benue stateBenueMechelex international Ltd 08033486551 0802274422622/05/2019 to 25/05/2019Ditto
       
34SADAU MFBNo.3, kofar fada. itasBsuchiThread lines investment Ltd 0806036435322/05/2019 to 25/05/2019BAUCHI ZONAL OFFICE, No 3 Abdulkadir Ahmed road, Bauchi. 09020441972 & 09020441975
35GUDDIRI MFBNo. 40 old Kano road AzareBsuchiNoth land resources Ltd 08028502113 & 0706767550222/05/2019 to 25/05/2019Ditto
36GARU MFBNo. 5, lllelah street, off emir roadBsuchiAihaji Umaru Sanda Adamu 0806734989022/05/2019 to 25/05/2019Ditto
37MISSAU MFBNo.2 Kano-kari road, MisauBsuchiNoth land resources Ltd 08028502113 & 0706767550222/05/2019 to 25/05/2019Ditto
38WARJI MFBNo. 10, Bnkin Kasuwa Emirs drive, Katanga warji LGA and a cash center at Bauchi investment centerBsuchiIsa Musa Matori 0806688990022/05/2019 to 25/05/2019Ditto
39BUNZA MFBSabon Gari area, Bunza LGAKebbiThread lines investment Ltd 0806036435322/05/2019 to 25/05/2019SOKOTO ZONAL OFFICE No. 2 Gusau road Opp. NNPC Mega station, Sokoto 09035795104 & 07055769606
40SHINKAFI MFBSabo birni road, shinkafi Zamfara stateZamfaraAlhaji Mohamadu Salihu 08066764476 08034644944 & 0802314095222/05/2019 to 25/05/2019Ditto
41UNITED MFBNo. 2, udumota quarters, Ekpan Effuru WarriDeltaHybros Nig. Enterprises 0803709657022/05/2019 to 25/05/2019BENIN ZONAL OFFICE No. 28A & B Benoni road Off Airport road, GRA Benin city Edo state. 08033207975 & 08150999588
42ALOAYE MFBNo. 3 mission road, Agenebode Etsako east LGA Edo stateEdoUaneghe Nig. Ltd 0803289573922/05/2019 to 25/05/2019Ditto
43EBU MFBEbu-Lilah road, Ebu town, Oshimili north LGADeltaHybrose Nig enterprises 0803709657022/05/2019 to 25/05/2019Ditto
44AGBERHO MFB95A Old ughell/Warri road, OrhogbarhoDeltaSilva Alele & associates 08037438629 & 0818827794922/05/2019 to 25/05/2019Ditto
   45        ADAIGBO MFBNo.12 NEPA road, ogwashi-uku, aniocha south LGADeltaUaneghe Nig Ltd 0803289573922/05/2019 to 25/05/2019Ditto
46IJOMU-ORO MFBOro, Kwara stateKwaraFero investment Ltd 07058816222 & 0818628604722/05/2019 to 25/05/2019ILORIN ZONAL OFFICE No. 23B Ahmadu Bello way, GRA Opp. DSS, Beside Sharia Cout of Appeal. 08023123185 & 08187960908 
47TRANSATLANTIC MORTGAGESNo. 244, Chief melford Okilo, road, Ekiki, YenogoaBayelsaRhea Maria & co. 234-084-48457022/05/2019 to 25/05/2019PORT HARCOUT ZONAL OFFICE, No. 104, Woji road off Olu obasanjo orad GRA, port harcout, River state 090907267370& 08084291777

AUCTION PROCESS

The public Auction for the furniture, fixtures, fillings & equipment will take place from 22nd to 25th May 2019.

CONDITIONS FOR BIDDING FOR THE GENERATORS AND MOTOR VEHICLES

1). Bids should be submitted in a sealed envelope together with a deposit of 10% of the bid price in Certified band draft in favour of the respective microfinance banks (in-Liquidation) and with an inscription “BID FOR GEN SET/MOTOR VEHICLE”, on the top left-hand corner of the envelope. The bid should contain the name, address and telephone number 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). the 10% draft for the unsuccessful bidders would be returned immediately.

3). bids should be submitted to the Auctioneers or NDIC Contact person within the stated period.

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

5). All Assets are sold as “as is and” not of all taxes”.

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

For further enquiries, please contact:
Director, Assets Management Department,
Nigeria Deposit Insurance Corporation
Lagos office, NECOM House (25th floor) 15, Marina P.M.B. 12881, Lagos
Website:
www.ndic.gov.ng
Tell: 0802315927: Help Desk Toll-Free Number: 080063424357

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