The Centre for Public Accountability has said reforms introduced by the Bureau of Public Procurement, particularly measures targeted at inflated contract costs and procurement leakages, have saved the Federal Government an estimated N1.1tn.
The civil society organisation made the disclosure on Saturday while presenting findings of its Independent Service Delivery Assessment Report on selected government institutions, with a special focus on the Bureau of Public Procurement under the leadership of its Director-General, Adebowale Adedokun.
Addressing journalists in Abuja during a press conference, CPA Executive Director, Olufemi Lawson, said the establishment of a Price Intelligence Unit and digital benchmarking framework by the BPP had emerged as one of the most impactful reforms in Nigeria’s public procurement system.
According to him, the initiative had helped identify and eliminate inflated quotations in government contracts while strengthening value-for-money spending across ministries, departments and agencies.
“Our assessment identifies the establishment of the Price Intelligence Unit
This post was originally published on this site.
