ASABA/Nigeria: The Delta State Government has opened the bid for the sale of four of its building properties in Ibadan, the Oyo state capital, saying the sale became important because the four buildings have no economic values any more.
The Chairman, Board of Directors, Delta Development Property Authority DDPA, Mr. Paul Osaji, who stated this during the opening of the bids in DDPA’s office in Asaba, explained that the sale became important in order to use the proceeds for the construction of low cost housing units for Deltans, in the state.
According to him; “The decision to sell the properties was taken at the State Executive Council meeting at government house Asaba. The properties have no rental value any more, whereas there is the needs for low cost houses for the teeming civil servants in the state. It make no sense to continue to keep the buildings.”
He also said the opening of the bid was to know those that have expressed interest in the buying of the properties, in the various publications were the bids were advertised in the dailies.
“The buildings were old dilapidated structures. The proceeds will be used for the overall interest of the state.” Osaji added.