• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, March 9, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Auction of vehicles: EFCC to review complaints against auctioneers

Nathaniel Irobi by Nathaniel Irobi
January 30, 2025
in News
0
Auction of vehicles: EFCC to review complaints against auctioneers
0
SHARES
13
VIEWS
FacebookTwitterWhatsappEmailTelegram
The Economic and Financial Crimes Commission (EFCC), said it noted with concern the reported unsavoury experiences of some Nigerians who participated in the just concluded public auction of forfeited vehicles conducted by accredited auctioneers on behalf of the Commission.

A statement issued on Thursday by the Commission’s Head, Media & Publicity, Dele Oyewale, said among the complaints received by the Commission were the inability of some citizens to access the websites of the auctioneers, being shut out from the platforms after submitting bids and outrageous bid prices, among others.

Mr. Oyewale said: “Relevant Departments of the Commission monitored the exercise and can confirm that there were glitches.

RelatedPosts

IWD 2026: Helpline Launches 30-Day Mentorship Circle to Drive Women’s Solidarity

Gov Fintiri Imposes 24-Hour Curfew on Lamurde LGA Amid Renewed Violence

Court of Appeal Affirms Ex-Army General’s Conviction, Orders N4bn Restitution

“This observation was communicated to the auctioneers for remedial action. The Commission could, however, not directly intervene while the exercise was ongoing because the process had been assigned to duly accredited and licensed auctioneers in line with provisions of Sections 4(a)(b) of the Proceeds of Crime ( Recovery and Management) Act, 2022 and Section 55 of the Public Procurement Act, 2007.

“The complaints arising from the exercise are rather unfortunate and detracts from the plan of the Commission in settling for online auction which was designed to provide a platform for seamless and transparent participation by millions of Nigerians interested in purchasing the forfeited assets.

“Without making excuses for the auctioneers, it is possible that the sheer number of participants in the exercise (over 4million) perhaps stretched the carrying capacity of the online facilities of the auctioneers, while unstable internet service in parts of the country exacerbated the challenge.

ALSO READ:  Court delivers judgment in suit seeking Ganduje’s removal Sept. 18

The EFCC spokesman, said the Commission is currently awaiting the report of the auctioneers and assures that genuine complaints by members of the public will be reviewed to ensure that no one is short-changed in the exercise.

“Those who follow through the process without glitches and emerged winners will certainly be allocated their vehicles.

“The Commission’s only interest in the public auction is to ensure that the assets are disposed of in the most transparent manner and the nation gets value for the assets.

“This cannot be compromised under any circumstance”, he said.

Tags: Auction of vehicles
Previous Post

Plane carrying 64 people collides with helicopter, crashes in Washington

Next Post

CBN’s policy interventions have moderated inflationary growth, says Cardoso

Nathaniel Irobi

Nathaniel Irobi

Related Posts

IWD 2026: Helpline Launches 30-Day Mentorship Circle to Drive Women’s Solidarity

IWD 2026: Helpline Launches 30-Day Mentorship Circle to Drive Women’s Solidarity

by Nathaniel Irobi
March 9, 2026
0

By Elanza News In a powerful call to action during this year’s International Women’s Day (IWD) celebrations, the President of...

Gov Fintiri Imposes 24-Hour Curfew on Lamurde LGA Amid Renewed Violence

Gov Fintiri Imposes 24-Hour Curfew on Lamurde LGA Amid Renewed Violence

by Nathaniel Irobi
March 9, 2026
0

  In a decisive move to stem escalating tensions, Adamawa State Governor Ahmadu Fintiri has imposed a 24-hour curfew on...

Court of Appeal Affirms Ex-Army General’s Conviction, Orders N4bn Restitution

Court of Appeal Affirms Ex-Army General’s Conviction, Orders N4bn Restitution

by Nathaniel Irobi
March 9, 2026
0

The Court of Appeal has upheld the conviction and sentencing of former Group Managing Director of Nigerian Army Properties Limited,...

Next Post
CBN’s policy interventions have moderated inflationary growth, says Cardoso

CBN’s policy interventions have moderated inflationary growth, says Cardoso

Collapse: Soludo warns builders against using substandard materials

Collapse: Soludo warns builders against using substandard materials

Recommended

Adamawa Govt to establish mobile courts to handle gender-based violence cases

Governor Fintiri Declares Support for Southern Presidency in 2027, Cautions Northern Aspirants

6 days ago
Amina: The Diplomatic Powerhouse Shaping Global Change

Amina: The Diplomatic Powerhouse Shaping Global Change

4 days ago

Popular News

  • AIG Tunji Disu Appointed as New IGP

    AIG Tunji Disu Appointed as New IGP

    0 shares
    Share 0 Tweet 0
  • Appeal for Tax Relief for Nigeria’s Paramilitary Agencies

    0 shares
    Share 0 Tweet 0
  • IWD 2026: Kaduna’s Sole Female Council Chair Champions Gender Equality

    0 shares
    Share 0 Tweet 0
  • Nasir el-Rufai as a Threat to National Security by Chief Femi Fani-Kayode

    0 shares
    Share 0 Tweet 0
  • The Need To Scrap FRSC In Nigeria

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (817)
  • Education (261)
  • Entertainment (346)
  • Health (240)
  • National (3,144)
  • News (9,777)
  • Opinion (413)
  • Politics (1,955)
  • Science (15)
  • Security (413)
  • Sports (633)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform