Announcement-2
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SALE OF CHATTELS OF CLOSED PRIMARY MORTGAGE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID.

The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Primary Mortgage Banks (PMBs), hereby invites interested members of the general public to buy the assets (furniture, fixture, fittings, equipment, generators, motor vehicles etc) of the under listed defunct PMBs by PUBLIC COMPETITIVE SEALED BIDDING/AUCTION.

 

S/N

BANK NAME

ADDRESS

STATE

APPOINTED AUCTIONEER

DATE OF AUCTION

NDIC CONTACT PERSON

1

UNION HOMES SAVINGS & LOANS

4 Godis close, off Power Encounter Road, Ellowanhi, off East-West Road, Port-Harcourt.

Rivers State

 Beautiful Feathers Global LTD

 

23/06/2026 – 25/06/2026

PORT HARCOURT ZONAL OFFICE. No. 104, Woji Road, off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State. 08023202134

 

UNION HOMES SAVINGS & LOANS

Plot 146, Okpanam Road, Asaba.

Delta State

Sheyi Oladeji

 

08121120547

23/06/2026 – 25/06/2026

BENIN ZONAL OFFICE No. 28A & B, Benoni Road, Off Airport Road, GRA, Benin City, Edo State. 08035727023

 

UNION HOMES SAVINGS & LOANS

Plot 1479, 12 Ago Oro Crescent, off Ahmadu Bello Way, Garki.

FCT, Abuja

Arinze Nnochukwu & Associates

08033110393

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

4

UNION HOMES SAVINGS & LOANS

V20 Ahmadu Bello Way, Zaria Road, Kaduna

Kaduna State

 Abdulhad Logistics LTD

 

08033085931

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

5

UNION HOMES SAVINGS & LOANS

37, Niger/Murtala Mohammed Way, Kano
NB: Chattels were moved to NDIC Kano Office

Kano State

 Kunle Amao & Co

 

 

08060349049

23/06/2026 – 25/06/2026

KANO ZONAL OFFICE
Plot 44/45, Muhammad Muhammad Avenue, Off Maiduguri Road, Hotoro, G.R.A., Kano
Phone No 07088877887

6

ASO SAVINGS & LOANS

Corporate Head Office & Branch Office
Plot 266 FMBN Building, Central Area Abuja

FCT, Abuja

 Abu Usman Consulting

08036101758

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

7

ASO SAVINGS & LOANS

Parking Lot, Opp. Federal Secretariat Building, Eagle Square, Abuja

FCT, Abuja

 Arinze Unochuckwu & Associates

 

08033110398

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

8

ASO SAVINGS & LOANS

Three Arms Zone, National Assembly, Abuja

FCT, Abuja

 Sina Adiatud & Co

 

08034044331

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

9

ASO SAVINGS & LOANS

28 Imam House, Ahmadu Bello Way, Kaduna

Kaduna

 Abdulhad Logistics LTD

 

08033085931

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

10

ASO SAVINGS & LOANS

No.19 Oba Akran Way, Ikeja

Lagos

 Kene Onuora Consulting

 

 

23/06/2026 – 25/06/2026

NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895

11

ASO SAVINGS & LOANS

No. 18 Construction House, Adeyemo Alakija Street, VI Lagos

Lagos

 Alao & Co

 

08062512654

23/06/2026 – 25/06/2026

NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895

12

ASO SAVINGS & LOANS

Tisco House, Alagbaka, Akure

Ondo

 Patron Auctioneers Nigeria LTD

23/06/2026 – 25/06/2026

NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895

13

ASO SAVINGS & LOANS

No. 38 Sapele Road, Benin City

Edo

 Kene Onuora Consulting

23/06/2026 – 25/06/2026

BENIN ZONAL OFFICE No. 28A & B, Benoni Road, Off Airport Road, GRA, Benin City, Edo State. 08035727023

14

ASO SAVINGS & LOANS

No. 2 Chona Street D/Line Port Harcourt

Rivers

 Mamud Momodu & Associates

09034161701

23/06/2026 – 25/06/2026

PORT HARCOURT ZONAL OFFICE. No. 104, Woji Road, off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State. 08023202134

15

ASO SAVINGS & LOANS

Closing Bwari Branch

(Bank’s Archive)

No. 1 Lafia Close Area 8 Garki

FCT,Abuja

Sina Adiatu & Co

08034044331

23/06/2026 – 25/06/2026

BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798

 

AUCTION PROCESS

The Public Auction for the furniture, fixtures, fittings & equipment, etc (ASSETS) will take place from 23rd to 25th June, 2026.

 

CONDITIONS FOR BIDDING FOR THE ASSETS

1)Bids should be submitted in a sealed envelope together with a deposit of 10% of the bid price in Certified Bank Draft in favour of the respective primary mortgage banks (In-Liquidation) and with an inscription “BID FOR ASSETS,” on the top left hand corner of the envelope. The bid should contain the name, address and telephone numbers of the bidder. The successful bidder will be required to pay the balance of the bid price within 24 hours of winning the bid.

2) Financial Institutions will be given preference.

3)The 10% draft for the unsuccessful bidders would be returned immediately.

4)Bids should be submitted to the Auctioneers or NDIC Contact persons within the stated period.

5)Submitted bids shall be opened before the bidders at the various locations.

6)All Assets are sold as “as is” and “net of all taxes”.

7)All purchased items must be evacuated within 24 hours of purchase.

 

For further enquiries, please contact:

Director, Asset Management Department,

Nigeria Deposit Insurance Corporation, Lagos Office,

Mamman Kotangora House (9th Floor),

23A, Marina,

Lagos.

Tel No: 08035925533

Lagos Office

 

 

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