A public affairs analyst, Raphael Atuu Raphael, has raised concerns about the auctioneering sector in Nigeria, describing it as a critical yet undervalued business operation with untapped potential for national growth, job creation and revenue generation.
Speaking on the current state of the sector at an event in Abuja on Friday, Atuu emphasized the need for professionalism, transparency and stricter regulation to harness its benefits fully.
The auctioneering sector, a practice rooted in Nigeria’s history, has been regulated by the Nigerian Association of Auctioneers (NAA) which operates under a structured framework comprising a national president, executive members, zonal offices and state chapters.
However, he noted that despite the sector’s contributions, it had been plagued by issues such as the infiltration of unqualified individuals, improper practices and inadequate recognition by government agencies.
“The auctioneering business is sensitive and requires execution by experienced professionals who understand its significance to national development. Unfortunately, unprofessional practices have led to legal disputes and mistrust, which undermine the sector’s credibility,” he stated.
The federal government has provided legal backing and an enabling environment for auctioneering to thrive for over five decades. Security personnel are often present during auctions, ensuring that the process runs smoothly. Proceeds from these auctions significantly contribute to government revenue.
Atuu commended the current leadership of the Nigeria Association of Auctioneers led by Alhaji Aliyu Kiliya for revitalising the sector.
He said under Alhaji Kiliya, the association had proposed a bill in the National Assembly to institutionalise auctioneering within Nigeria’s legal framework. Additionally, initiatives such as multilingual educational programs for members have been introduced to professionalize the sector further.
“Alhaji Kiliya’s efforts have united members and raised the association’s profile. He has also consistently advocated for retired public servants with relevant experience to join the association, as their expertise can greatly enhance the sector,” he remarked.
However, Atuu expressed concerns about the lack of transparency in some government agencies’ allocation of auction contracts. Instances where auction opportunities are granted to individuals or companies without clear criteria were highlighted as detrimental to the sector’s integrity.
“The Bureau of Public Procurement and other agencies must ensure fairness and professionalism in the selection of auctioneers.
“The Nigeria Association of Auctioneers should be given the right of first refusal in such allocations to ensure only qualified professionals handle sensitive materials,” he urged.
Atuu also lauded the efforts of Professor Danwanka, who has played a pivotal role in advancing the proposed auctioneering bill, describing his contributions as vital to the sector’s growth.
In conclusion, he called for stricter supervision and collaboration between government agencies and the NAA to curb malpractice and ensure the sector operates at its full potential.
“The current executive under Alhaji Kiliya has set a strong foundation. It is crucial that stakeholders support his efforts to safeguard and elevate the auctioneering business in Nigeria.”
