By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Forfeited Assets: We Will Be Transparent- FG Tells Bidders
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Forfeited Assets: We Will Be Transparent- FG Tells Bidders
News

Forfeited Assets: We Will Be Transparent- FG Tells Bidders

Fesadeb
Last updated: 2021/06/12 at 9:29 PM
Fesadeb Published June 12, 2021
Share
SHARE

The Federal Government has assured bidders of the forfeited assets that it would ensure a transparent and fair process in the sale of assets forfeited to it in the course of its anti-corruption efforts.

The Permanent Secretary of the Federal Ministry of Justice and Solicitor General of the Federation, Dayo Apata (SAN) gave the assurance while speaking in Abuja at the opening of bids for auctioneers for the assets.

Apata, who is also the Chairman of the Inter-ministerial Committee on the Disposal of Assets Forfeited to the Federal Government, said his committee has identified such assets in 24 locations across the country.

He said the committee has steadily progressed in its assignment since it was inaugurated on November 9, 2020 by the Attorney General of the Federation (AGF), Abubakar Malami, following an October 27, 2020 directive to that effect by President Muhammadu Buhari.

Apata added that his committee, having concluded the valuation stage, during which expert estate valuers were invited to ascertain the current market value of the assets, is now proceeding to the next stage of choosing auctioneers to conduct the formal auctioning.

Speaking further, the Permanent Secretary of the Federal Ministry of Justice stated that part of the measures put in place to ensure transparency in the process was the inclusion of representatives of anti-graft agencies in the committee, whose members are also precluded from being part of the auctioneering process.

Similarly, Engineer Bello Nasir, the Chairman of the sub-committee, saddled with the task of conducting the bid for auctioneers, Bureau of Public Procurement (BPP), said about 2000 companies submitted bids.

Nasir, who assured that his sub-committee would be fair to all, said his members would be thorough in undertaking the assignment.

You Might Also Like

Umuahia Children’s Centre Cries Out for Government Support as Conditions Worsen

Senate to Host National Security Dialogue as Violence Escalates Nationwide

FG Begins Overhaul of NYSC, Proposes Specialized Teachers and Medical Corps

Naira Strengthens Slightly Against Dollar in Both Official and Parallel Markets

Tinubu Inaugurates NASC Leadership, Appoints New Permanent Secretaries

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb June 12, 2021 June 12, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?