Posted by by Ayodele Aminu on
The Central Bank of Nigeria (CBN) is offering for sale by sealed bids, its property located along Jakande road, Agidingbi, Ikeja, and Lagos.
The Central Bank of Nigeria (CBN) is offering for sale by sealed bids, its property located along Jakande road, Agidingbi, Ikeja, and Lagos.
The move is in line with its on-going restructuring exercise geared towards out-sourcing its non-core responsibilities and effectively focusing on its core mandate.
Among the property which can be purchased either as a whole or item by item, according to the notice pasted on the apex bank's website yesterday, include a fully functional printing press, land and building measuring about 1.793 hectares consisting of a three storey building administrative block with ground floor press room.
Also among the property listed for sale are purpose built paper conversion press on about 195m2 land area ancillary buildings such as generator house, panel room, water treatment house and gate house as well as newly commissioned borehole complete with pump station.
Other items for sale by sealed bids, according to the banking watchdog, are two plants, machinery, equipment consisting of many items among which include various printing machines of one or two colours, finishing machines and complete envelope making and finishing press.
Giving the conditions under which the property would be sold, the CBN stated that 'bids for all the items on offer shall be preferable, but the vendor reserves the right to consider bids for each or a group of items on offer."
Interested buyers, the apex bank added, would be allowed a guided access to the site. All items on offer shall be made available to them between the hours of 9.00am and 4.00pm daily between Monday and Saturday of the week following this publication.
'Interested buyers are required to submit their written bids in sealed envelopes addressed to the Secretary, Major Contracts Tenders Committee, Procurement & Support Services Department, Central Bank of Nigeria, Central Business District, Abuja to reach him not later than three weeks from the date of this publication," the notice said.
While maintaining that the vendor reserves the right not to accept any bid and shall therefore incur no liability for rejected bids, the CBN disclosed that 'a successful party shall bear and be responsible for all transfer costs, including stamp duties, consent fee, registration fee, solicitors' fee and any other fees as may be charged by Government or any of its agencies.
It would be recalled that the CBN recently indicated its decision to divest from running its Primary School situated at Satellite Town in the outskirt of Lagos with a view to focusing on its core business.
Also expected to be sold after it is restructured into a world class institution within the next three to five years, is the Nigerian Security, Printing and Minting Company (NSPMC). Fifty per cent, according to CBN Governor, Professor Charles Soludo, would be sold to Nigerians through public offering.