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Africa Housing News > Blog > News > Auctioneer: Kogi auctioned assets to invest in basic amenities
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Auctioneer: Kogi auctioned assets to invest in basic amenities

Fesadeb
Last updated: 2021/08/13 at 6:30 AM
Fesadeb Published August 13, 2021
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Following the successful auctioning of assets belonging to the Kogi State government by the licensed auctioneer, Hamif Real Estate, the action was said to be important for provision of basic amenities in the state.

Chairman/CEO of Hamif Real Estate Nigeria Ltd, Alhaji Friday Idachaba, disclosed this to newsmen after the public auctioning which was held at the Arewa House, Kaduna on Wednesday, August 11, 2021.

“Majority of the property being auctioned are dilapidated and deteriorating. They are beginning to constitute nuisance and potential hideouts for hoodlums. They are non-essential assets.

“Government wants to use the funds for meaningful projects in providing basic amenities for its citizens,” Idachaba said.

When asked why the state was selling such assets, he said that selling off the assets by state governments is not new.

“Kaduna also embarked on sale of assets. Also even in EFCC today, I have applied for sale of some seized assets,” he added.

On how his company emerged as the preferred auctioneer, Idachaba said his firm emerged through a due process.

When asked if the auction has anything to do with the presidential ambition of the Kogi State governor, Yahaya Bello, he said there was no correlation.

“The sales don’t relate to the governor’s presidential ambition,” Idachaba stated.

Source: Today NG

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TAGGED: Kogi State
Fesadeb August 13, 2021 August 13, 2021
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