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Why we’re auctioning recovered vessels, others – FGN

Anozie Egole by Anozie Egole
February 3, 2021
in BUSINESS & ECONOMY, Maritime
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Nigeria’s Solicitor-General and Permanent Secretary, Ministry of Justice, Mr Dayo Apata, has explained that government’s decision to sell recovered vessels, vehicles, plants and others is in line with the presidential mandate.

In a statement on Wednesday, Apata called on interested individuals to file their submissions to acquire any of the items recovered from Nigerians facing corruption charges.

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In November 2020, a committee to oversee the auctioning of the seized items was inaugurated by the Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), as directed by President Muhammadu Buhari.

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During the inauguration, Malami said, “It is aimed at ensuring proper coordination of the disposal of the Federal Government’s assets and promoting a uniform, harmonised and transparent procedure to safeguard the assets recovered by the relevant agencies in line with the anti-corruption drive of this administration.

“Your mandate is to ensure the expedient disposal of all Federal Government of Nigeria-forfeited assets and generate revenue for the government.

“Accordingly, I wish to solicit the cooperation of all members of the Inter-Ministerial Committee in that respect.”

The recovered assets, which included ships, boats, vehicles, plants and machinery, were recovered from Nigerians on trial for corruption.

Tags: AuctioningFGNVessels

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Anozie Egole

Anozie Egole

Anozie Egole is a Transport correspondent. He reports Maritime, Aviation and Rail/Road Transport for Financial Street.

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