NIGERIA ELECTRICITY LIABILITY MANAGEMENT LTD/GTE: SALE OF SECOND BATCH OF DEFUNCT PHNC PROPERTIES – Posted: 20 Sept, 2023

Application deadline date has been passed for this Job.
  • Post Date: September 20, 2023
Job Description

NIGERIA ELECTRICITY LIABILITY MANAGEMENT LTD/GTE

SALE OF SECOND BATCH OF DEFUNCT PHNC PROPERTIES

1. INTRODUCTION
The Nigeria Electricity Liability Management Ltd/GTe (NELMCO), is a special purpose entity (SPE) created by the Federal Government of Nigeria and saddled with the responsibility of managing the liabilities and Non-core assets of the defunct Power Holding Company of Nigeria (PHCN).

NELMCO, in pursuant of her mandate, is offering the under listed properties for sale to interested members of the public in line with the Public Procurement Act 2007;

2. PROPERTY DETAILS

    LOT 1  
S/N LOT NO PROPERTY ADDRESS DESCRIPTION
1 1A Land at Idi Ishim, Jericho Reservation Area, Ibadan, Oyo State Large expanse of land measuring  approx. 10.282sqms
2 1B Flat 3f, plot 199, Ademola Adetokumbo crescent, Wuse II, Abuja FCT Three-bedroom flat in a block of flats
3 1C Property at Gangares Tudu, off stadium road, tudun wada (NEPA CAMP), Keffi, Nasarawa State 4 nos 2 bedroom detached bungalow, 1No. 4 bedroom detached bungalow, 4No 2 rooms Boys quarters
Sales Agent Contact – 08033129022
LOT 2
1 2A Property at Kenneth Dike road, bodija, Ibadan NorthLGA, Ibadan, Oyo State proposed IBEDC HQ An uncompleted office complex on 7 floor (6 storey) carcass, located directly opposite St. peter & Paul Catholic Seminary on a land size of approx… 4090sqm ON LEASE
2 2B Flat 1, No. 1 Nwafia close, Independence layout, Enugu, Enugu A 3 bedroom flat in a block of six flats with boys quarters
3 2C Flat 4. No 1 Nwafia close Independence layout, Enugu, Enugu A 3 bedroom flat in a block of six flats with boys quarters
4 2D No. 5 Garden Avenue, GRA, Enugu, Enugu State A 2 bedroom flat in a block of six flats with boys quarters
Sales Agent Contact -08037054322
LOT 3
1 3A No. 5 Sokode Crescent, one 5, wuse, Abuja FCT Large expanse of land measuring approx. 5.677sqms around AEDC junction sub-station, No. 5 Sokode Crescent, one 5, wuse, Abuja FCT
2 3B Block of flats at Familusi Avenue, Iyaganku GRA, Ibadan, Oyo State A clock of 6 Nos. 3-bedroom flats on 4-floors services with a romm Boys quarters each on a large expanse of land
3 3C Block of flats at Familusi Avenue, Iyaganku GRA, Ibadan, Oyo State Parcel of land measuring approx.. 6,802sqms by IBEDC injection sub-station, Iyaganku GRA, Ibadan, Oyo State
4 3D Parcel of land at GRA Apitipiti, Oyo town, Oyo state Undeveloped parcel of land measuring approx.. 2,675sqms at GRA Apitipi, Oyo town, Oyo State
Sales Agent Contact – 08087960877
LOT 4
1 4A Land and building opposite Bacita Sugar Company, bacita, Edu, LGA, Kwara State Land building at old decommissioned Power station on a land size of approx. 3.526sqm, opp. Bacita sugar company, Edu, LGA, Kwara State
2 4B Land and Building off Tsaragi Road, bacita, Edu LGA, Kwara State 5Nos block of 2 units 2-bedroom semi-detached bungalow and 2Nos block of 4 units of 1-bedroom flat
3 4C Abandoned injection sub-station at Kontogora, Niger state 1 No of 3 bedroom bungalow at abandoned injection sub-station at Kontogora, Niger State
4 4D NEPA Zonal store, Independence layout Enugu, Enugu state Large expanse of land with store on it, currently in use by EEDC
Sales Agent Contact – 08033495000
LOT 5
1 5A

 

 

Flat 1, block C, Artisan quarters, Junior staff quarters, Asata, Enugu, Enugu State 1 bedroom flart, converted to a 2 bedroom flat with external kitchen on lease
2 5B Flat 2 block C, Artisan quarters, Junior staff quarters, Asata, Enugu, Enugu State 1 bedroom flat with external kitchen on lease
3 5C Parcel of land at Artisan quarters, Junior staff quarters, Asata, Enugu, Enugu State Parcel of land fenced on 3sides, measuring approx. 2,471sqms
4 5D Parcel of land by KEDC sub-station along Tudun katsira road, off yahaya Madawaki Way, GRA, Katsina, Katsina state L- Shaped parcel of land measuring approx. 2,814sqms around KEDC injection sub-station, Tudun katsira road, off yahaya Madawaki Way, GRA, Katsina, Katsina state
Sales Agent Contact – 08065306483
LOT 6
1 6A Large expanse of land along Mubi road by NIMA foam industries, Girei LGA, Adamawa State Large expense of land measuring approx. 11,263sqms. On lease
2 6B Property at 9 Ahmadu bellows Way, Jos, Plateau State Office complex currently used as JEDC HQ,  on lease
3 6C Property at plot 25, Oba Ademola crescent, Off Idobi road, ijebu ode, Ogun State 3 bedroom bungalow and Boys quarters on a land measuring approx. 51.140sqms
4 6D Property at an Unnamed close, off Ala quarters road, off Adekunle Ajasin road, Ala quarters, Alagbaka GRA, Akure, Ondo State 1 No 3 bedroom bungalow, 1 No 4 bedroom bungalow, 2 rooms Boys quarters on a land size measuring approx. 6.020sqms
Sales Agent Contact – 07038459968
LOT 7
1 7A Piece of land at No. 1 bedwell road (Adekunle Lawal street), off Oba Adeyinka Oyekan Avenue, Ikoyi, Lagos State Fenced land measuring Approx. 568sqms
2 7B Large expanse of land along Abeokuta-Igbo Ora road, Iberedo community, Ikereku Area, Abeokuta, Ogun State Large expanse of land measuring approx. 21.242sqms behind water corporation, Iberokodo town, Abeokuta, Ogun water
3 7C ½ Atiku Abubakar Way, Jimeta, Yola, Adamawa State 2 blocks of office complex and other structures currently serving as Yola Electricity Distribution company headquarters on a land measuring approx. 25.388sqms
4 7D Flat 1, No 8 Anifowoshe street, Victoria Island, Lagos State A 3 bedroom flat on the first floor of a blocks of flats with boys quarters

3. COLLECTION OF APPLICATIONS/BID FORM
Application forms and other documents/information to participate in the process can be obtained upon payment of the application fee of N50, 000.00 (Fifty Thousand Naira) to the remita account of Nigeria Electricity Liability Management Ltd/GTE. Original copy of the Remita Receipt shall be presented to representatives of NELMCO or the sales agents, to collect the application form and property information compendium.

4. ELIGIBILITY REQUIREMENTS
Sale of property is opened to interested individuals and corporate entities as follows:
i. Evidence of Certificate of Registration with the Corporate Affairs Commission (CAC) including Form CAC3 and CAC7(for corporate entities);
ii. Evidence of current Tax Clearance Certificate/Exemption (for individuals and corporate entities);
iii. Valid means of identification (National ID, Driver’s License, International Passport Data Page) for individuals and Directors of Corporate entities;
iv. Proof of financial capability and source of funding.

5. BIDDING PROCEDURE
i. The sale process shall be through an open competitive bidding process:
ii. The properties shall be sold “as is” and “where is.”
iii. Application Forms can be obtained after the payment of application fee from NELMCO Office or the designated Sales Agent/Data Room;
iv. All bids must be submitted with a lid Guarantee of 10% of the value of the bid for the property in the form of Certified Bank Draft in favor of Nigeria Electricity Liability Management Ltd/GTE or evidence of transfer of 10% of the total bid amount to the NELMCO Remita Account contained in the Application Form. Kindly note that where Bank Guarantee exceeds N10million, multiple certified bank drafts must be provided to the value of the 10% of the bid price,
v. Bids cannot be withdrawn or cancelled after submission;
vi. Property shall be offered to the highest bidder above the reserved price in line with the conditions for sale as contained in the Sales Guidelines;
vii. Where there is a tie or all the bids in a Lot fall short of the reserved price, bidders shall immediately go into a second round of bidding and the highest bidder above the reserved price shall be the preferred bidder. (The preferred bidder under this circumstance, shall be required to make up the difference in their bid guarantee (10%) within five (5) working days);
viii. Current lessees will be given the privilege of first refusal for the property they are leasing at the highest bid price, provided they have fulfilled all the terms and obligations of the lease;
ix. Successful bidders shall be required to pay the full payment for the property within the stipulated time of thirty (30) calendar days from the date of bid opening as contained in the Sales Guidelines, failure to comply will lead to forfeiture of their Bid Guarantee and property offered to other bidders:
x. All Bid Guarantees of unsuccessful bidders shall be returned at the conclusion of the bidding process;

6. SUBMISSION OF APPLICATION/BID
Interested individuals/firms shall submit their application forms/bids and ensure they fill the bid submission register. The document should be submitted in a sealed envelope with the property address and lot number clearly marked on the right-side top corner of the envelope and addressed to:
The Managing Director/CE
Nigeria Electricity Liability Management Ltd/Gte
6 Bumbuna Street, Zone 1,
Wuse, Abuja.

The reverse side of the envelope should be clearly marked with the Name and address of the Bidder and dropped in the designated Bid Box for each Lot at the Ground Floor Conference Room NELMCO office not later than 11:00am on the 1st of November, 2023.

Please, ensure you sign the Bid Submission Register as NELMCO or any of the appointed Sales Agent shall not be held liable for misplaced or wrongly submitted bids. For further enquiries please contact the designated Sales Agents or NELMCO’s Representatives on 08161680085/09074382638 and email: procurement@nelmco.gov.ng

7. OPENING OF APPLICATION/BID
All interested bidders are invited to contact NELMCO’s representatives or any of the designated Sales Agents to schedule physical inspection for the properties in the lots.

8. INSPECTION OF PROPERTIES
All interested bidders are invited to contact NELMCO’s representatives or any of the designated Sales Agents to schedule physical inspection for the properties in the Lots.
For online viewing, kindly log on to our website on www.nelmco.gov.ng/properties

9. ADDITIONAL INFORMATION
a. Application Forms must be filled in English Language and signed by an official authorized by the bidder;
b. Application Forms submitted after the deadline for submission shall be returned un-opened;
c. Interested bidders shall not be a staff of NELMCO or their direct relatives:
d. Firms and their representatives that participated in the Valuation Exercise are not eligible to bid/represent any bidder.
e. Representatives of other Agencies/Organization that directly participated/participating in any activities in the sales process (Valuation Report Review Committee, Evaluation Committee etc.) are not eligible to participate in the bid process;
f. All application cost shall be borne by the bidders:
g. Delivery through courier shall NOT be accepted.
h. This Publication and process does not create any commitment nor establishes any binding legal obligation on NELMCO or any of the appointed Sales Agent.

SIGNED
MANAGING DIRECTOR/CE
NELMCO