<\/p>\n
By George Mgbeleke, (Abuja)<\/p>\n
The Bureau of Public Procurement has saved Nigeria N1.9trillion from contracts fraud over the years , said the Director – General , Dr Adebowale Adedokun .<\/p>\n
Dr Adedokun disclosed this in Abuja on Thursday during budget defence session BPP had with the Senate Committee on Public Procurement.<\/p>\n
The BPP Boss said the agency set up 17 years ago , precisely on the 14th of June 2007 , is a key stakeholder in the war against corruption in the country, particularly those that have to do , with contracts awards , inflation and diversion.<\/p>\n
” BPP has within the last seventeen years been changing the landscape of public procurement in Nigeria by ensuring transparency , fairness and efficiency on contracts awards and execution .<\/p>\n
” BPP has been saving the country from loss of at least N40billion annually to contracts inflation , diversion of public fund and poor service delivery.<\/p>\n
“Records from our price intelligence unit indicate that total money prevented so far from being diverted to personal pockets from contracts award is N1.9trillion .<\/p>\n
” BPP has over the years been significantly contributing to increase revenue generation by the relevant agencies like the Federal Inland Revenue Service ( FIRS ), Nigeria Pension Commission ( PENCOM) etc .<\/p>\n
He however lamented to the committee that while BPP on its own proposed N63.5billion as capital vote for 2025 , the budget office , gave it N1 57billion envelope .<\/p>\n
The paltry sum according to him , will not help in any way , help to solve the accommodation problem being faced by Staff of the Bureau , replacing moribund project monitoring vehicles bought since 2008 and executing the E – procurement programme that is in the pipeline .<\/p>\n
However in their comments , members of the committee chaired by Senator Olajide Ipinsagba ( APC Ondo North) , wondered how BPP with just 158 workers, would effectively and efficiently monitor contract awards and execution of over 800 government agencies under its purview .<\/p>\n
The Committee through the Chairman therefore , directed the DG of BPP to include employment more workers in the agency’s 2025 budget .<\/p>\n","protected":false},"excerpt":{"rendered":"
By George Mgbeleke, (Abuja) The Bureau of Public Procurement has saved Nigeria N1.9trillion from contracts fraud over the years , said the Director – General , Dr Adebowale Adedokun . Dr Adedokun disclosed this in Abuja on Thursday during budget defence session BPP had with the Senate Committee on Public Procurement. The BPP Boss […]<\/p>\n","protected":false},"author":2,"featured_media":1234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[219,698,400,290,23],"class_list":["post-1288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news","tag-budget","tag-defence","tag-executive","tag-legislature","tag-nass"],"_links":{"self":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/comments?post=1288"}],"version-history":[{"count":1,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1288\/revisions"}],"predecessor-version":[{"id":1289,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1288\/revisions\/1289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media\/1234"}],"wp:attachment":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media?parent=1288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/categories?post=1288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/tags?post=1288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}