Kogi Auctions Kaduna Assets To Invest In Basic Amenities – Hamif Real Estate CEO

Following the successful auctioning of assets belonging to the Kogi State Government by the licensed auctioneer, Hamif Real Estate, the process was said to be important for provision of basic amenities in the state.

Chairman/CEO, Hamif Real Estate Nig Ltd, Alhaji Friday Idachaba, disclosed this during the public auction held at the Arewa House, Kaduna on Wednesday, August 11, 2021.

“Majority of the property being auctioned are dilapidated and deteriorating.

“They are beginning to constitute nuisance and potential hideouts for hoodlums. They are non essential assets.

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“Government wants to use the funds for meaningful projects in providing basic amenities for its citizens,” he said.

When asked why the state is selling such assets, he said that selling off assets by states is not new.

“Kaduna also embarked on sales of assets. Also, even in EFCC today, I have applied for sale of some seized assets,” he added.

On how his company emerged as the auctioneer, he said that it was after due process.

When asked if the auction has anything to do with.the Presidential ambition of Governor Yahaya Bello, he said it doesn’t.

“The sales don’t relate to his presidential ambition,” he declared.