The Nigeria Association of Auctioneers has threatened to take legal action against government ministries, departments and agencies for not employing the services of registered auctioneers when carrying out public auctions.
The auctioneers stated that the constitution mandated all public agencies to employ the services of the registered members of the association to sell or offer any property for sale at an auction and the money realised from such auctions be deposited in the federation account within 24 hours after the event.
A statement by the association’s Public Relations Officer, Tukur Lawan, in Abuja on Friday noted that a great number of government departments had complied with the law but some others had refused to involve registered auctioneers in the sales of goods and services, which it said were allegedly carried out in a selfish manner.
The association said it had repositioned itself for better services delivery and keyed into the Federal Government’s transformation agenda, adding that it was poised to ensure transparency and competence in doing business with clients.
It stressed that all auctions must be advertised in reputable media organisations before bidding could be conducted publicly and the property sold to the highest bidder with the auctioneer representing both the seller and the buyer.
“It is illegal for an agency to engage the services of anybody as auctioneer other than those registered by the association and the agencies; there are over 40,000 registered auctioneers spread across the country thereby creating job opportunities.
“The association will not tolerate the flagrant breach of law by some government agencies in carrying out public auctions and we will have no option but to take legal action against such agencies,” the statement added.
The association said it was making effort to secure a land from the Federal Capital Territory Administration to build its headquarters to ease operational procedures, noting that a proposal would be sent to the FCT minister to that effect.