Only Registered members will be granted access to Auction Rooms
The Facility for Oil Sector Transparency and Reform (FOSTER II) is a project funded by Foreign Commonwealth and Development Office (FCDO) which aimed to reduce the many incentives for misuse of power and capture of oil revenues in Nigeria
FOSTER during its implementation bought some assets and got some transferred from its predecessor project (FOSTER I) as well as from other Foreign Commonwealth and Development Office (FCDO) Programme.
The project as part of its asset management strategy and due to conclusion of FOSTER II, decided to auction some of its assets.
In view of the foregoing, FOSTER contracted i-Naira.com; an independent online auction company to "auction" the aforementioned assets on its behalf in order to entrench transparency, probity and accountability.