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Customs Warns Fraudsters to Stay Off eAuction Platform

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Nigeria Customs Services (NCS) is warning fraudulent bidders involved in making unrealistic bids to stay off its e-auction platform or risk prosecution.

Mr Joseph Attah, Customs Public Relations Officer, told the News Agency of Nigeria (NAN) on Friday in Abuja that the service would not spare those undesirable elements making fraudulent and unrealistic bids with the sole aim of polluting the exercise.

According to him, the management of Customs has began moves to reprogramme the platform to make it inaccessible to fraudulent bidders who are discouraging genuine bidders from participating.

Attah said the second batch of 48 hours bidding process that started on Monday at noon and ended on Wednesday at noon was loaded with 115 vehicles and all were bidded for and supposedly won.

” I used the word supposedly because our experience revealed that some bad elements who are criminally minded have launched into platform and started bidding bogus and unrealistic figures just to spoil it.

” You will see where a bidding is ongoing for an item with a reserved bid of N300,000 and people are offering N350,000 to N500,000 and all of a sudden you will see someone from nowhere quoting N5 million to N8 million.

“It is obvious they are jokers who think we are fooling around; remember the rule is that in the event the highest bidder cannot pay within five days, the item reverts to the second highest bidder.

“So what these people have done is to pair themselves up, where one person bids reasonably say N400,000 for an item with a reserved bid of N200,000, the other drops an outrageous figure like N8 million just to ward off potential bidders.

“We know the vehicle is not worth half of that amount in the market. This is unfair,” Attah said.

Attah said that the service would be reprogramming the system in such a way that one cannot bid beyond a certain percentage of the reserved bid or what the average bidders are offering.

He said the system would not allow any bidder to make such exaggerated bids, adding that the system would detect the bidders with their Tax Identification Number (TIN).

“Those bidder will no longer participate in future bid aside from risking of prosecution for such act.

“Again, the system is being reprogrammed in such a way that when the winner fails to pay in five days, the item will revert back into the pool for fresh bidding, instead of going to the second highest bidder.

“The management knew why the TIN was made a mandatory pre-bidding requirement. It gives us your picture, address, phone number, email and other vital information. With this TIN, we will go after these fraudsters,” Attah said.

While giving an assessment of the second batch of bidding process, Attah said the system recorded 2,001 registered bidders.

He added that out of the figure, 1,919 were enabled and participated in the bidding.

“We want to assure the general public that the NCS is determined that e-auction platform succeeds.

“We are motivated by the benefits of the e-auction platform that includes security, opportunity for better revenue generation and the fact that it presents equal opportunity to all Nigerians.

“As a service, we want to continue to engage the general public through a process that is transparent, accountable and capable of safeguarding our integrity,” he added.

Attah said that at the first batch of 48 hours bidding process, 43 bidders emerged winners.

“Out of this figure, 42 have paid for their bids and began collection at the Ogun State Command where the vehicles are located.

Retired Col. Hameed Ali, Comptroller-General of Customs, on July 3 in Abuja, inaugurated the platform aimed at giving all Nigerians equal opportunities to partake in bidding for seized vehicles and to increase customs’ revenue.


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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