BORNO AND YOBE STATE GOVERNMENT: INVITATION FOR BIDS (IFB) DISPOSAL OF JOINTLY-OWNED LANDED PROPERTIES OF BORNO AND YOBE STATE GOVERNMENTS

Disposal of jointly-owned landed properties of Borno and Yobe State Governments in Lagos State through transparent and Open Competitive Bidding processes. Details of the assets include: 1) Two Storey Building on 288m2 Plot at Plot 1225, Ahmadu Bello Way, Victoria Island, Lagos; 2) Three Storey Building on 1,800m2 Plot at Plot 1227, Bishop Oluwale St., Victoria Island, Lagos.

Each bid must be sealed and accompanied by: i) 10% of the bid value in bank draft drawn in favour of Yobe Investment Company Ltd. ii) A letter of introduction from a licensed commercial/merchant or specialized bank, confirming the financial capacity of the bidder or other proof of funds. iii) For corporate bidders; a profile of the company that includes but not limited to Corporate Affairs Commission registration, tax clearances, Audited Financial Statement and SOCUMB registration. iv) For private individual bidder; requirement in (i) and (ii) above suffice. Bids should be submitted with corporate/individual name indicated at the back of the envelop and addressed to: The Managing Director, Borno Investment Company Ltd, 7A Jos Road, Opposite Borno State Civil Service Commission, Post Office Area, Maiduguri on or before 6th September, 2026.

The process is open to all reputable individuals and corporate entities with proven financial capacity. In the event of a tie, preference will be given to bidders of Borno or Yobe States Origin.

i) General Manager Investments, Borno Investment Company Ltd, No. 7A Jos Road, Opposite Borno State Civil Service Commission, Post Office Area, Maiduguri. OR ii) HOD, Investment promotion and supervision, Yobe Investment Company Ltd., No. 3, Amusement Park Street, Games Village, Off Maiduguri Road, Damaturu, Yobe State.