BPP Saves N420bn for FG in 15 months

Bureau of Public Procurement (BPP) has generated over N420 billion in contract sums as savings to the coffers of the Federal Government in the past 15 months.

The Director General of BPP, Engineer Emeka Eze, disclosed this at the opening ceremony of a retreat for chief executive officers in Federal Government ministries, departments and agencies at the Administrative Staff College of Nigeria (ASCON), Lagos.

Mr. Eze pointed out that the reduction in contract sum was to further emphasise the core value of the Bureau as the drive of public procurement is to ensure prudence in public expenditure.

According to him, BPP will work hard to ensure that the cost of doing business in Nigeria is reduced through the elimination of multiple registration and pre- qualification as well as tendering process that should be increased to give chance for equal competence and capabilities.

 

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