Nation
EFCC Begins Sale Of Forfeited Properties
The Economic and Financial Crimes Commission (EFCC) has concluded plans to conduct sale of properties, which are subject of Final Forfeiture Orders.
Recall that the Commission had, on Saturday, December 24, 2022, publicly announced commencement of the auction exercise with advertorial in major newspapers, inviting bids for the properties.
According to the Commission, interested persons or organisations have until 12:00 p.m. Monday, January 9, 2023, to submit their bids.
EFCC spokesperson, Wilson Uwujaren, disclosed this in a statement, Wednesday.
According to him, the properties consisting of 61 units of luxury apartments, plots of lands and apartments across the country are being offered for sale, in accordance with the Economic and Financial Crimes Commission (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.
The distribution of the properties are: 24 units of luxurious block of flats at Banana Island, Lagos; 21 units of luxury terrace and block of flats at Thornburn, Yaba, Lagos and 16 units of 4 bedrooms terrace duplex at Heritage Court Estate, Port Harcourt.
Others are apartments and plots of land in Lagos State; apartments and plots of land within Abuja metropolis; plots of land and apartment in Anambra, Ebonyi and Gombe States; apartments and plot of land in Kaduna, Delta and Edo States; hotel, plaza and apartments in Kwara State and apartments and plots of land in Cross River, Osun and Oyo States.
Uwujaren said the auction is open to members of the public, with the exception of individuals and corporate entities who have been and or are being prosecuted by the EFCC; directors of such companies and employees of the EFCC.
A competitive bidding process is being adopted for disposal of the properties.
He said: “The bid forms which can be downloaded from the EFCC website must be submitted alongside 10 per cent of the bid amount in certified bank drafts payable to EFCC. If the sum exceeds N10 million, multiple certified bank drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded.
“A successful bidder will be required to pay 90 per cent outstanding balance of the bid price within 15 working days of the bid submission deadline, failing which the 10 per cent deposit becomes non-refundable and the properties can be offered to other buyers”.
Nation
Rivers Deputy Governor Hails PH City One Love For Humanitarian Gesture
Rivers state Deputy Governor Professor Ngozi Nma Odu has commended “The Port Harcourt City One Love,”a Port Harcourt based humanitarian orgnisation For it’s commitment towards alleviating the sufferings of the poor and vulnerable in the society.
Professor Ngozi Nma Odu said this while speaking at this year’s edition of “operation feed the needy” a yearly outreach program of “The Port Harcourt City One Love ” in Port Harcourt.
The Deputy Governor said by feeding more than sixty thousands hungry people within the past six years, the Port Harcourt City One Love Movement has distinguished itself as a club that cares for the less privilege in the society.
She commended the , organization for listing eleven thousand persons to be fed in the current exercise.
Meanwhile The Port Harcourt City One Love has planned a permanent solution to the problem of feeding the poor in the state.
The leader of the group Mr Idaere Gogo Ogan who said this in an interview with newsmen during the distribution of food items to the poor and vulnerables in Port Harcourt said the organization is planning a permanent food kitchen where poor and vulnerable persons can work in anytime and get fed.
Idaere Gogo Ogan said more than sixty thousands poor and vulnerable persons across Port Harcourt City and environs have been fed since the inception of “The operation feed the needy” program six years ago,adding that so far sixty thousands poor and vulnerable persons have beneffited.
He described the group as a platform to promote friendship, brotherhood, community development empathy and feeding the less privilege and hungry people
“That’s what we are doing today here,so we started the exercise six years ago”.he said.
Ogan said the effort was a private sector driven initiative but added “it also involves people in Government because the platform does not recognize any division,we bring everybody together in unity , friendship and brotherhood”he said.
He said the effort will go along way in alleviating hunger especially following the prevailing hunger in the country.
According to him “you know the country is very tough, people are hungry people are starving, there is a whole lot of economic hardship,so for us, this is just our own way of reaching out, our own social contribution to what is very difficult”he said.
Over eleven thousand persons were fed in the just concluded exercise.
Areas of coverage include, Isaac Boro park, Port Harcourt prison/Macoba, Borokiri/Enugu waterside Bundu areas Waterlines and others.
Some of the beneficiaries including an 80 years old widow commended the movement for the annual programm and urged other organizations to emulate them
John Bibor,/Esuuk Oyet/Suotor Memoye /Jeremiah Hannah
Nation
We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout
Nation
SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.
“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.
Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.
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