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CIAN makes case for indigenous auctioneers


The Certified Institute of Auctioneers of Nigeria (CIAN) said it has certified personnel who can handle auctions both online and traditionally in the line with the best international practice. The body added that with the strength of membership and professional competence of its members, it is in the best position to render any auction services.

Speaking with journalists in Lagos, Registrar, CIAN, Hassan Adeleke, said the body is ready to partner with the Economic and Financial Crime Commission (EFCC) and other Ministries, Departments and Agencies (MDA) to achieve best results in the interest of all Nigerians.

Adeleke called the agencies to engage local and well-trained certified auctioneers with international partnership and affiliation, to generate foreign exchange, increase employment and growth of the industry expertise in Nigeria. Lauding efforts of the EFCC in combating corruption, Adeleke said the CIAN was surprised about a recent publication that foreign auctioneers would be engaged for auctioning pieces of jewellery and luxurious houses.

According to him, these were forfeited to the Federal Government as a result of court order against the former minister of petroleum resources and the sales of other recovered assets within the purview of the commission.“We want to believe that he was misquoted. From our professional deduction of his pronouncement, he specifically stated local and international collaboration to transparently dispose of all recovered assets by the commission.

‘‘We don’t believe he is inviting foreign certified auctioneers to carry out an assignment which local certified auctioneers can do very well. We believe his assertion is simply that of collaboration,” he added.

Adeleke said that to sell these assets particularly the houses located in different countries abroad, they believe that valuers were engaged to determine their reserve prices. “Most countries all over the world use their local professionals to carry out this type of assignment not only for economic and security reasons but for proper accounting, monitoring and sanctions when the need arises,’ he said.

“How do you sanction foreign auctioneers? For the first time in Nigeria, a public advertisement was made last year in many newspapers by the EFCC requesting the services of local certified auctioneers and many auctioneers were prequalified and shortlisted. The process was transparent and competitive,” he said.


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CIANHassan Adeleke
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