HomeTrendingFG saved N1.1trn through procurement reforms in 2025 – Shettima

FG saved N1.1trn through procurement reforms in 2025 – Shettima

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Vice-President Kashim Shettima says procurement reforms introduced by the federal government saved more than N1.1 trillion in 2025.

 

Shettima spoke on Friday at the 2026 retreat for federal permanent secretaries in Ikot Ekpene, Akwa Ibom state.

 

The retreat was organised by the office of the head of the civil service of the Federation and the Bureau of Public Procurement (BPP).

 

The vice-president, represented by Tunji Olaopa, chairman of the Federal Civil Service Commission, said the reforms are part of the Tinubu administration’s efforts to strengthen transparency, accountability and fiscal discipline in public spending.

 

 

“So far, 23 strategic initiatives and reforms aimed at improving transparency, accountability and fiscal discipline in Nigeria have been introduced,” he said.

 

“As at the last count, some of the reforms saved the federal government over N1.1 trillion in 2025 alone.”

 

Shettima said one of the reforms involved raising procurement approval thresholds, allowing contracts below N5 billion for goods and services and N10

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