Modern auctioneering started in Nigeria over a century ago, and in 1917, the Law of Sales by Auction was enacted. The law was revised in 1958 and amended in 1979. The process of forming the Nigeria Association of Auctioneers began in 1971. A group of committed auctioneers in Lagos were determined to improve the profession’s standard and create a code of conduct that would govern the activities of all practitioners. On the 2nd of December, 1981, the Nigeria Association of Auctioneers finally came into being at J.K. Randle Memorial Hall, Lagos. The Federal Government registered the association under the Land Perpetual Succession Act Law of 1986.
MISSION NAA’s mission is to achieve the above by pursuing the visionary goals as seen under our aims and objectives and code of conduct.