www.trade.gov.ng – Nigeria Customs Auction Portal

In stead of the manual process, the Nigeria Customs Service launched an e-commerce portal which is www.trade.gov.ng as it URL. This Nigeria customs auction portal best certifies clearness in its dealings. The e-Auction which is www.trade.gov.ng plan of action is to sell seized items and over time cargoes hence would get rid of fake agents posing as NCS officials.

www.trade.gov.ng - Nigeria Customs Auction Portal

As a result of the www.trade.gov.ng new portal, corruption in its realm will be reduced to a minimal level. Its trade scheme is designed to provide an online store on which various confiscated goods are displayed for sale. Interested persons can bid to buy these items from the comfort of their homes, offices, or anywhere at any time.

NAIJ.com says in its report that “the www.trade.gov.ng portal is networked to designated banks to ensure money accruing from the auction gets to the Central bank of Nigeria Treasury Single Account for transparency and accountability”. Why else would such marketplace be introduced? Aside from these merits, in as much as technology is gaining ground, online transactions will never cease to ease lives. With this Nigeria Customs auction portal, anyone could bid for selected cars and other goods online.

www.trade.gov.ng Prompt Facts About The Platform

Its retail process provides equal opportunities for all interested Nigerians while increasing the Government revenue.  The following necessities are arrayed to keep all bidders informed about the portal policies.

  1. The e-Auction application will be accessible online through the NCS Trade Portal website www.trade.gov.ng which is the official URL.
  2. A recent passport photograph of the applicant will be required.
  3. All applicants must have a Tax Identification Number (TIN) issued by Federal Inland Revenue Service (FIRS).
  4. An applicant shall pay a non-refundable fee of One Thousand Naira (N1000) as an administrative charge. Any additional fee/amount paid into the Auction e-wallet will also be non-refundable.
  5. Request for replacement or refund in respect of auctioned items shall not be entertained.
  6. The successful bidders will be required to make payment within five working days.
  7. Failure by successful bidders to pay for auctioned items within five working days will result in such items being reverted to the second-highest bidder.

Other Things You Need to Know

  1. Winners of a bidding process for any item put up for auction will have 14 days from the date of payment to remove the item paid for or forfeit it at the expiration of the period.
  2. Any auctioned item not removed from the warehouse within 14 days from the date of payment shall revert to its pre-bidding status and may be put up for auction again.
  3. Successful bidders shall in addition to the auction value pay:
    (a) 25% of the auction amount to the Terminal Operator.
    (b) 25% of the auction amount to the shipping line Operator.
  4. Third-party claims shall not be entertained.
  5. Officers of the Nigeria Customs Service and their immediate family members are excluded from participating in the auction even by proxy.
  6. Owners of seized items are excluded from bidding for same.
  7. Owners of overtime items with evidence of payment of duty and other charges have priority over a successful bidder of the item provided the item has not been exited out of Customs control.
  8. Interested persons are advised to read Auction Terms and Conditions before acceptance.

How to Enter Bid to Buy Cars & Goods on www.trade.gov.ng

Available used and freight items are uploaded on www.trade.gov.ng which is the Nigeria Customs auction web portal. From cars to other goods; you can bid for any selected product, input your price and claim whatever you buy ‘if’ your bid is selected.

  • Get a valid TIN Tax Identification Number from the Federal Inland Revenue Service FIRS.
  • Log in to the e-auction trade portal with the link https//app.trade.gov.ng/eauction.
  • Continue to sign up for an account on this portal and an e-wallet will be automatically created for you.
  • Select any of the banks listed on the web portal and proceed to fund your e-wallet.
  • These funds on your e-wallet will be used for bidding. As earlier mentioned, an administrative fee of N1,000 is required per bid and this will be deducted from the e-wallet.
  • Take your time to go through the items available for bidding before placing a bid. Note that you can bid for only two items within 48 hours.
  • If your bid is won, you will be notified by the email you provided when registering.
  • You will be prompted to pay for the item(s) won.
  • Exit the network. Then, you can collect your good(s) at any custom command area where the won good(s) is located.

The www.trade.gov.ng portal is linked through the Nigeria single window trade portal. It circles complete inventory with detailed pictures of Nigeria Customs impounded cars for sale. Do you want to buy used cars? Proceed to buy from a large number of impounded cars online with Nigeria Customs E-Auction. These steps will guide you on how to bid for cars or other goods on the platform.