FG Moves To Dispose Forfeited Assets

2 March 2021 By Victoria Abah

The Federal Government says, a total of 398 Estate Surveyors and Valuers have Requested For Proposal (RFP) to bid for forfeited assets.

This was disclosed by the Permanent Secretary and Solicitor General of the Federation, Mr Dayo Apata at the official Opening Bid on the forfeited Assets to the government in Abuja.

Mr. Apata who doubles as the Chairman of the Interministerial Committee on Disposal of Forfeited Assets to the Federal Government, hinted that out of the 398 estate valuers that indicated interest for the RFP, 355 submitted theirs while 6 firms were rejected.

Apata said the bid process for the procurement of Estate Surveyors and Valuers on the forfeited assets was aimed at ensuring “transparency and value for money”.

Attorney General of the Federation and Minister of Justice, Abubakar Malami SAN, inaugurated the interministerial committee on November 9, 2020.

The composition of the 22-man interministerial committee was approved by President Muhammadu Buhari on October 27, 2020.

The committee was given six months to dispose all Federal Government forfeited assets.

Leave a Reply

Your email address will not be published. Required fields are marked *