Applicant must have a valid TIN issued by FIRS with an active e-mail account.
An Applicant shall pay a non-refundable fee of One Thousand Naira (₦1,000) as administrative.
An Item is auctioned "as is" as such request for replacement or refund shall not be entertained.
The successful bidder shall make payment within five (5) working days.
If the winner fails to pay and clear within the stipulate timeline, the won item will be returned back to the pool and the Winner account will be BLCOKED.
The successful Winners has three (3) days to make payment and seven (7) days from the date of payment to remove the item bidded for or forfeit the item won.
Any auction item not removed from the warehouse within TEN (10) days from the date of payment shall revert to its pre-bidding status.
Take note for overtime cargo, that the successful bidder shall in addition pay 7.5% VAT, 25% charges for Shipping Line and Terminal operators respectively.
Bidders shall not be allowed to bid for more than 2 items per bidding window.
A bidder can place a bid of up to 10% of the current highest bid for a particular item at any given time during the auction.
For claiming items, the winner shall present;
a) A valid copy of paid assessment and bank receipt (optional in case of e-payment);b) A notarized letter in case owner sends representative. (Where owner is present uploaded photo on registration will do.); c) Provide proper identification with notarized letter and International passport, Driver’s license, Voters card or National I.D.
The dwell time for this Online Auction Sale shall be Six (6) hours.
Third party claims shall not be entertained.
Officers of the Nigeria Customs Service are excluded from participating this Auction.
Owner of seized item is excluded from bidding for the same.
Owner of overtime item with evidence of payment of duty and other charges has priority over a successful bidder of the same provided the item has not been exited out of the Customs control.
Conditions and Terms of this auction are to be carefully considered by an interested person before acceptance.
Applicant undertakes to abide by the conditions and terms of this auction.
I hereby accept the terms and conditions stated above.
