• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

EFCC Conducts Public Auction Of 435 Cars In Lagos

by Olugbenga Soyele
3 years ago
in News
EFCC
Share on WhatsAppShare on FacebookShare on XTelegram

The Economic and Financial Crimes Commission (EFCC) has commenced the auction of a total of 435 cars, which are subjects of final forfeiture orders in Lagos, in line with the EFCC (Establishment) Act 2004; Public Procurement Act 2007 and the Proceeds of Crimes (Recovery and Management) Act 2022.

Advertisement

The exercise scheduled to take place across the Commands of the Commission, started on Tuesday, December 6, 2022 in Lagos with inspection of items by members of the public, while the auction exercise began on Wednesday, December 7 and will continue on Thursday, December 8, 2022.

The items are available in four locations: 40, Bourdillon Road, Ikoyi, Lagos; 15A Awolowo Road, Ikoyi, Lagos; 14 Cameroon Road, Ikoyi Lagos and CVU Obalende, Ikoyi, Lagos.

Speaking during the opening ceremony, Dr. George Ekpungu, Secretary to the Commission and chairman, EFCC Asset Disposal Committee (ADC), said: “the exercise, which is the first of the planned auction of forfeited properties across EFCC Zonal Commands and EFCC Headquarters, is being carried out in accordance with the (Establishment) Act, 2004, Public Procurement Act, 2007 and Proceeds of Crimes (Recovery and Management) Act, 2022.

“It is being conducted in conjunction with the Bureau of Public Procurement to ensure compliance with all extant laws.”

RELATED

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London

30 minutes ago
NUJ FCT Hails Stella Din Jacob’s Appointment As NTA’s First Female Executive Director Of News

NUJ FCT Hails Stella Din Jacob’s Appointment As NTA’s First Female Executive Director Of News

44 minutes ago
ADVERTISEMENT

While welcoming the auctioneers to the Centre, he expressed his gratitude to sister agencies, including the Nigerian Army, who were invited to provide adequate security and ensure orderliness.

Ekpungu also appealed to the members of the public present at the auction to listen carefully to the auctioneers and comply with all stipulated guidelines.

The nine auctioneers, who were allocated to the Lagos Zonal Command of the EFCC to dispose of the 435 cars at designated Centre on 14 Cameron Road, Ikoyi, Lagos are Rihanna Auction Limited; Kamyus Consult Limited; Areogun Resources Limited; BIS N JEG;Integrated Services Nig.Ltd;Mau & Sons Ltd.; Langar Aghaji & Co.; Fagobe Company Ltd and Musa Kira and Co.

ADVERTISEMENT

The cars, which pictures were conspicuously displayed with allocated lot numbers for public inspection, were allocated to auctioneers based on assessed values and open ballot system.

The display was to provide an opportunity for interested bidders to view and indicate interest in any car of their choice.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10198Tweet6374Share
ADVERTISEMENT
Previous Post

Ex-Osun LP Gov’ship Candidate, Lasun Yusuf, Joins PDP

Next Post

NAF Airstrikes On Kaduna Bandits’ Camps Continue – State Govt

Olugbenga Soyele

Olugbenga Soyele

You May Like

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London
News

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London

2025/08/27
NUJ FCT Hails Stella Din Jacob’s Appointment As NTA’s First Female Executive Director Of News
News

NUJ FCT Hails Stella Din Jacob’s Appointment As NTA’s First Female Executive Director Of News

2025/08/27
Niger Board Mourns Pilgrim
News

2026 Hajj: Nigerian Pilgrims Without Visa Risk Imprisonment and N8.158m Fine

2025/08/27
Tenure Expiration: PDP Warns Ex-Rivers LG Chairmen Against Disrupting Public Peace
News

Kaduna PDP Demands Release Of Reps’ Candidate, Campaign Director

2025/08/27
Ribadu Leads Delegation To Chad President Deby
News

Ribadu Hands Over 128 Rescued Zamfara Residents To Families

2025/08/27
Poor Pay: 239 First-Class Lecturers Left UNILAG In 7 Years — Ex-VC Ogundipe
Education

Poor Pay: 239 First-Class Lecturers Left UNILAG In 7 Years — Ex-VC Ogundipe

2025/08/27
Leadership Conference advertisement

LATEST

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London

NUJ FCT Hails Stella Din Jacob’s Appointment As NTA’s First Female Executive Director Of News

2026 Hajj: Nigerian Pilgrims Without Visa Risk Imprisonment and N8.158m Fine

LG Polls: Edo APC Stakeholders Tackle Party Chairman Over Automatic Tickets

Kaduna PDP Demands Release Of Reps’ Candidate, Campaign Director

Youths Slam Soludo, Assembly Over Lawmaker’s Suspension

Ribadu Hands Over 128 Rescued Zamfara Residents To Families

Gunmen Kill Policeman Attached To LG Chairman In Delta

Nwabali Injured, Doubtful For Super Eagles’ World Cup Qualifying Matches

Poor Pay: 239 First-Class Lecturers Left UNILAG In 7 Years — Ex-VC Ogundipe

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.