The Comptroller General of Customs, Col. Hameed Ali (Rtd), has launched the Electronic Auction (E-Auction) portal as bidding for seized and overtime vehicles started by 12:00 noon on Monday.
Speaking shortly before he launched the portal, Col. Ali said the launch marked the end of the manual process which had many complaints of fraud.
He said: “What we are doing today is in line with the guidelines of the Customs and Excise Management Act (CEMA.”
He said the upgrade of Customs to an electronic platform auctioning was still in line with the provision of the Section 167 (2) Cap C45 of the CEMA.
“The launching of the e-auction platform today marks complete departure from the manual process of the past that was opened to abuses,” Ali said.
Daily Trust reports that auction of seized and overtime cargoes was suspended for nearly two years since Col. Ali took over the leadership.
One of the technicians said a bidder had to log on to the portal via, https:app.trade.gov.ng/eauction which began operation at 12:00pm on Monday.
The bidder will proceed to register with a valid Tax Identification Number (TIN), an email, along with an e-wallet of a bank where the administration fee of N1,000 per bidding will be deducted from.
He said the next step was to bid for only two items within 48 hours and the winner would be contacted by the e-mail provided for payment.