Nigeria Customs auction 462 impounded vehicles for ₦556m

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Nigeria Customs auction 462 impounded vehicles for ₦556m

The Nigeria Customs Service (NCS) has successfully auctioned off 462 impounded vehicles, generating a revenue of approximately ₦556.74 million.

In response to recent rumors of favoritism, NCS’s Public Relations Officer, Abdullahi Maiwada, clarified that 13,605 applicants participated in five successful bidding windows on the e-auction portal.

Out of the 476 impounded vehicles uploaded on the service portal, 462 were won by the applicants, resulting in the substantial revenue.

“The government realised ₦556,738,736 as revenue from the e-auction sale. It begs the question of where the allegations of monumental stealing by the Customs Auction Committee and the committee’s plans to dispose of overtime containers is coming from,” he added.

Maiwada further stated that it was disheartening to note the serious allegations against the integrity of the ongoing e-auction process designed to provide a level playing ground for all Nigerians.

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According to him, the NCS is a law-abiding government organisation dedicated to maintaining a high level of accountability and transparency in all its activities.

“We wish to categorically deny involvement in fraudulent activities or underhand dealings in the e-auctioning of vehicles or other goods. The NCS Auction Committee operates within the confines of the law and adheres strictly to established guidelines and procedures for disposing of seized/overtime goods,” the statement read.

“Regarding the allegation that over 300 vehicles have been auctioned to just one individual via the e-auction window after purported underhand payments, we wish to state that this is entirely false, misguided, and spurious.

“Furthermore, suggesting that a token sum of N10,000 is collected as duties to the Federal Government on the e-auction window, which has a reserved price of N400, 000 is indeed misleading and misrepresentation of fact.”

See statement below:

Nigeria Customs auction 462 impounded vehicles for ₦556m

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