FG Saves N680billion in Five Years Through BPP

The Federal Government has saved N680billion in five years through the establishment of the Bureau of Public Procurement, BPP.

The Acting Director-General of the BPP, Ahmed Audu, who revealed this on Monday, May 23, while speaking on the sidelines of a Procurement Cadre Conversion training for officials of Federal Government agencies, parastatals, Commissions and Institutions.

Audu said before the establishment of the BPP, the Federal Government was losing huge sums of revenue because procurement training was being carried out by non-professionals.

The programme was held at the auditorium of the Administrative Staff College of Nigeria (ASCON), Topo, Badagry, Lagos State.

“The essence of this training is to build capacity, enhance professionalism, accountability and career development in all officials that are participating in the programme.

“Before the BPP was established, the training of public servants in procurement was carried out by non- professionals and as a result of that, the government was losing huge sums of money.

“The government has been able to arrest that problem due to the professionalism of the procurement officers and this has made the government to save N680billion in five years.

“We will continue to train people so as to be able to block any loopholes and to save the government from revenue loss,” he told The Nation.

Audu said the procurement cadre conversion training for officials of the Federal Government would help in reducing corruption.

“The training being given to the officials would help in capacity building, which would bring accountability and in turn help in stemming corruption.