The property measuring 2,360.32 Sqm is a residential property located at Plot 68 (Now 71) Sani Abacha Link Road, GRA, Phase 3, Port-Harcourt, Rivers State.
The title avaialble for the property certificate of occupancy.
Rigs Onome and Oritsetimeyin are part of the Eligible Bank Assets (EBAs) under Asset Management Corporation of Nigeria’s (AMCON) asset portfolio, acquired pursuant to AMCON’s statutory powers and mandate under the AMCON Act (as amended). The Rigs were acquired through a Loan Purchase and Limited-Service Agreement (‘LPLSA’) dated 2/1/12, with which AMCON bought over First Bank of Nigeria’s (‘FBN’) loan rights and the assets charged, mortgaged, or pledged as security with respect to the unpaid debt of Seawolf Oilfield Services Ltd. (now Seawolf Oilfield Services Ltd. (in receivership) (“Seawolf”) owed to FBN.
Infrastructure within the estate includes well-paved roads, street lights, recreational parks, children's playground etc.
Development on site include 2 bay of warehouses and a security gate house all fenced round with sandcrete blockwalls and secured with a double leaf metal gate.
Total land size 7,607.97 Sqm
KM 46, BENIN-AUCHI ROAD, EHOR, UHUNMWONDE LGA, EDO STATE
PROPERTY AT NO. 4 EJIM STREET, OFF OLD ABA ROAD, PORT HARCOURT, RIVERS
NO. 7 ORAKA UKAVWE LANE, OFF REFINERY ROAD, WARRI, DELTA STATE
VARIOUS PLOTS OF UNDEVELOPED LAND WITHIN AN ESTATE IN AJAH, ETI-OSA LGA, LAGOS STATE (ROYAL GARDENS)
This property is a non-operational factory comprising Land, Buildings, Plant & Equipment–Transformer, Industrial boilers & mixers, oil storage tanks, generator, industrial panes, heat exchanger, borehole machine etc. All P&E are in a fair state of repair. The property is in a location with high value appreciation and is a great investment opportunity
AMCON was created to be a key stabilizing and re-vitalizing tool established to revive the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy.