NIGERIA DEPOSIT INSURANCE CORPORATION – NDIC
SALES OF ASSETS OF CLOSED MICROFINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID
The NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC), in exercise of its right as Liquidator of failed Microfinance banks (MFBs), hereby invites interested members of the public to buy the assets (landed property) of the under listed defunct MFBs through competitive Sealed Bidding.
| S/NO | BANK NAME | STATE | LOCATION | DESCRIPTION | CONTACT |
| 1 | ABATETE MFB | Anambra | Abatete-Ogidi Road. Idemili North I.GA | Bungalow | 08033275721 & 08066584479 |
| 2 | GUDDIRI MFB | Bauchi | No 10. Old Kano Road,Azare Bauchi State | Bungalow | 08034526727 |
| 3 | GARU MFB | Bauchi | NO,5. Illelah Street, off Emir Road | One Storey Building | 08023804014 & 08059050504 |
| 4 | ALOAYE MFB | Edo | No 31. Mission Road. Agenebode Etsako East LG A. Ldo Stale | Bungalow | 08188277949 & 08037438529 |
| 5 | AMURO MFB | Kogi | No 79. Federal Road Okoker Amuro Mopamuro. L.G.A, Edo State | 2No undeveloped plots of land | 08083114150 |
| 6 | TRANSWEALTH MFB | Fkiti | Palmsprings Garden Estate. Iworoko Road. Ado-Ekiti | 3No undeveloped Plots of Land | 08037147736 A’ 08039137123 |
| 7 | MBA MFB | Oyo | Ojo-Aro Village near Olorunda. Ibadan. Oyo State | An undeveloped Plot of Land | 07046055202 |
| 8 | KABBA MFB | Kogi | No 9. Market Road, Kabba | Bungalow | 08083114150 |
| 9 | SADAU MFB | Bauchi | No. 3. KofarFada. Itas LGC. Bauchi State | 4 Bedroom Bungalow, Gate/Security House and fenced round with solid gate | 08065744744 |
| 10 | ORAEZU MFB | Anambra | Shop Nos DI2/5 & D12 /6 Main Market Idemili North LG A | 2NO shops | 0803.3223277 |
| 11 | BAKASI MFB | Cross River | 8th Miles. Calabar Cross River Suite | Bungalow | 08023159344 |
| 12 | UNITED MFB | Delta | No 2. Udumota Quarters. Ekpan Effurun. Warri. Delta State | Bungalow | 0803772870208023201421 |
| 13 | AFATAMODI OGUOLA MFB | Ogun | Odemo Road. Sabo Area. Oke Bola, Isara. Remo LGA Ogun State | Bungalow’ | 07040055202 012711051 |
| 14 | AYETE MFB | Oyo | Ayete MFB. Ayete. Ibarapa North L.G.A Oyo State | Bungalow | 08035777438 & 08023071614 |
| 15 | GBOKO MFB | Benue | Tomator Market by L.G.E.A Primary School. Akrenlpav Road. Gboko South. Benue State | Bungalow | 08065696000 |
| 16 | OMU MFB | Ogun | Erebe Community Land Omu-ljebu. Ogun State | 6 NO undeveloped Plots of Land | 07046055202012711051 |
| 17 | KPACHARKAMFB | Niger | Agwara | Bungalow | 08034524199 |
| 18 | KPACHARKAMFB | Guttanti Central Market Agwara | 2 Plot of Land (12ft X 15ft) | 08034524199 | |
| 19 | LAVUNKPANMFB | Niger | Bida-Mokwa Highway. Kutigi Town Lavun LGA | Bungalow | 08034524199 |
A. CONDITION OF SALE
(i) The properties are being sold on “as is” basis.
(ii) Prospective buyers are required to contact the Corporation’s Agents/Representatives through the phone lines provided for further enquiries
(iii) 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 microfinance hanks (In-Liquidation) and with an inscription “BID FOR LANDED PROPERTY,” on the top left hand corner of the envelope. The bid should contain the name, address and telephone numbers of the bidder.
(iv) The 10% draft for the unsuccessful bidders would be returned immediately, while the deposit becomes part-payment for the winner
B. SUBMISSION OF BIDS
Bids should be submitted to the office of The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, Lagos Office Annex, NECOM House (25th Floor), 15 Marina, Lagos on or before 4.00pm on Monday, 14 October, 2019.
c. OPENING OF BIDS
Submitted bids shall he opened in the presence of all bidders on Tuesday 15 October, 2019 by 12 noon prompt in the office of The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, as stated above.
SIGNED:
DIRECTOR, ASSET MANAGEMENT DEPARTMENT,
NIGERIA DEPOSIT INSURANCE CORPORATION, LAGOS OFFICE ANNEX,
NECOM HOUSE (25TH FLOOR),
15 MARINA, LAGOS.
