E-auction: Customs Auctions 314 Vehicles, Generates N151m from Exercise

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The Nigeria Customs Service (NCS) Friday announced that 314 vehicles seized from smugglers and others have been sold off through e-auction.
In a statement, the Public Relations Officer of the Customs, Mr Joseph Attah said so far N151 million has been received as payment from the sales of 187 of the vehicles as at August 25.
Attah said the statement became necessary following complaints from bidders who raised questions on the integrity of the bid process.
According to the statement, “Since the reopening of the Nigeria Customs Service e-auction platform app.trade.gov.ng/eauction, some complaints and inquiries have been pouring in, especially from those who tried unsuccessfully due to either invalid Tax Identification Number (TIN), inability to service e-wallet, poor network at their locations or any other reason which are all outside the jurisdiction of the service.
“Some of these complaints appeared to have questioned the integrity of the e-auction process. For the avoidance of doubts the following is the update so far:
“Summary of e-auction as at 25th August, 2020: Number of windows, 3; total number of items auctioned, 314; total number paid for as at 25th August, 187; total reserved bid amount N87.9 million and total bid amount paid, 151million.”

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