EFCC to auction seized Oil vessels, Products

EFCC Acting Chairman, Ibrahim Magu

…As Nigeria gains N192bn from barring foreign tech products, services***

As part of arrangement to auction forfeited petroleum products and vessels, which are proceeds of crimes seized from illegal oil bunkers the Economic and Financial Crimes Commission, EFCC, on Tuesday held a pre-bid meeting with shortlisted auctioneers at the EFCC Academy, Karu, Abuja.

One of the vessels used in smuggling oil The Acting Chairman, EFCC, Ibrahim Magu, told the participants that the process is part of the Commission’s transparency policy with the objective of giving every interested company a fair chance to participate in the exercise.

Magu, who spoke through the Deputy Director of Procurement, Olusina Ogundimu said that the purpose of the meeting was to educate the shortlisted bidders for the auction on the stipulated guidelines contained in the request for proposal (RFP) issued to them earlier.

The court had earlier granted final forfeiture order on the confiscated petroleum products and vessels which are proceeds of crimes seized from illegal oil bunkers to the Federal Government of Nigeria.

The shortlisted bidders were drawn from a pre-qualified list of registered companies, who indicated interest in the process following an advertisement in two national dailies and the Federal Tenders Journal in June, 2017. According to Ogundimu, “The bidders are expected to submit the proposals on October 17, 2017 after which the evaluation committee shall sit to evaluate, review, select and recommend the successful auctioneers for engagement”.

The Auctioneering committee members were drawn from various departments of the EFCC which include the Legal and Prosecution, Operations, General Services, Asset Forfeiture and the Procurement Department. A statement by the EFCC Spokesman, Wilson Uwujaren, said that the process is in compliance with the Public Procurement Act, 2007.

In the meantime, Director General, National Office for Technology Acquisition and Promotion, NOTAP, Dr. DanAzumi Mohammed Ibrahim, has disclosed that the agency has saved Nigeria N192bn in six years and secured about 38 patents for agencies and private researchers in six months of 2017.

NOTAP is one of the 17 agencies under the Federal Ministry of Science and Technology established to regulate the inflow of technology in the country. Ibrahim who made the revelation during a media briefing at the agency’s Liaison Office in Lagos, said, “In carrying out our statutory function of registration of Technology Transfer Agreement, NOTAP has saved the country N192bn between 2010 and 2016.

“This sum, if not for NOTAP’s intervention, would have left the country in capital flight. The agency achieved this through a refusal to approve importation of technologies, as well as services that could be rendered by Nigerians.” Explaining how the agency operates, Ibrahim said, “The law establishing NOTAP has no room for sanctions. We often rely on certificate denials as a means to check erring companies and individuals.

However, the agency is working with the National Assembly to review the law which established it in order to empower NOTAP to sanction and where necessary prosecute anyone or companies that chose to be clever and bypass the agency to bring in technology without properly documented agreements for technology transfer that protects the interest of Nigerians.”

He said the agency secured 38 patent certificates in six months as part of its effort to protect intellectual property in Nigeria, adding,“The patents would encourage research linkage to the development needs of the country by ensuring that innovative ideas are protected from unlawful uses.

With the level of transformation going on in the country, Nigerian banks will be powered by locally developed software in the next five years. NOTAP is also connecting Nigerian universities’ researchers with industries to ensure that researches are tailored towards proffering solutions to local problems.”