DEADLINE: 28TH APRIL, 2021
BAUCHI STATE BUREAU FOR PRIVATISATION AND ECONOMIC REFORMS
APPENDIX IV B
INVITATION FOR EXPRESSION OF INTEREST IN ZARANDA HOTEL LIMITED AND WIKKI HOTEL LIMITED
In line with the on-going Privatisation programme of the Bauch State Government (BASG) through the State Bureau for privatization Privatisation and Economic Reforms (SBPER), hereby invites prospective Core Investors to express interest to Lease the following Enterprises:
- ZARANDA HOTEL LIMITED
- WIKKI HOTELS AND TOURS LIMITED.
The SBPER hereby invites Prospective Investors to express interest to Lease one or more of the companies advertised.
Applications are expected from both national and international investors.
For pre-qualification, prospective Investor must possess verifiable evidence of technical, financial and managerial capabilities to own and manage any of the advertised companies.
METHOD OF APPLICATION
Interested investors should indicate their interest by providing the following documentation and information:
- Full name of company, contact person, mobile number, postal address, office telephone and email address.
- Ownership structure of company.
- Names (s) of major shareholders, and Percentage shareholdings.
- Audited financial statements for the past three (3) years and most recent management accounts.
- Technical and operational capabilities specifying
- Number of years of experience in any similar industry.
- Experience in the industry, and:
- Evidence of ample financial resources.
- Evidence of registration of Company with CAC (if applicable)
- Evidence of technical and managerial capabilities.
- Composition and Profile of management team showing qualification and years of experience relevant industry.
- Requisite financial resources and three years tax clearance.
Failure to provide the required information above in full will render an application invalid.
Prospective Core Investors will be required to pay a non-refundable processing fee of N100,000 (One Hundred thousand Naira), payable to Bauchi State Bureau for Privatisation and Economic Reforms. Upon receipt of payment, prospective Investors will be issued Information memorandum, Bid documents and given access to the data room.
SUBMISSION
The EOI submissions shall be in Four (4) copies with one being original in a sealed envelope clearly marked “EXPRESSION OF INTEREST FOR (NAME OF COMPANY) at the top right Hand corner shall be delivered to the address below not later than 28 April, 2021 by 5.00pm.
Late submissions will be rejected
Director General
State Bureau for Privatisation and Economic Reforms,
Investment House, Bank Road, Bauchi
Tel: +2348062227575
Mr. Muhammad Ishaq
E-mail: sbper@yahoo.com
Website: https://www.sbper.bauchistate.gov.ng
