FEDERAL MINISTRY OF JUSTICE-
REQUEST FOR PROPOSAL FOR THE ENGAGEMENT OF AUCTIONEER FOR THE DISPOSAL OF FORFEITED ASSETS TO THE FEDERAL GOVERNMENT OF NIGERIA

FEDERAL MINISTRY OF JUSTICE
PLOT 71B SHEHU SHAGARI WAY, MAITAMA, ABUJA
REQUEST FOR PROPOSAL FOR THE ENGAGEMENT OF AUCTIONEER FOR THE DISPOSAL OF FORFEITED ASSETS TO THE FEDERAL GOVERNMENT OF NIGERIA

INTRODUCTION
The Inter-Ministerial Committee on Disposal of Forfeited Assets to the Federal Government was inaugurated by the Attorney General of the Federation and Minister of Justice pursuant to provisions of the Asset Tracing, Recovery and Management Regulations, 2019. The initiative was as a result of President Muhammadu Buhari’s directive in October 2020 which is also a fall out from the recommendations of the Presidential Audit Committee on Recovery and Management of Stolen Assets in 2018, where the Committee recommended the need for efficient management of the recovered assets and for proper coordination and disposal of assets forfeited to the Federal Government.

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