By Abdulwahab Isa
Due process certification of procurement transactions has saved government N572 billion, the Bureau of Public Procurement (BPP) said yesterday. The BPP Director General of BPP, Emeka Ezeh, confirmed the figure to journalists in Abuja at a collaborative workshop for procurement officers, organized by the International Law Institute (ILI), Washington and BPP. Giving the breakdown, he said that a total of N450 billion was saved between 2007 and 2011 while about N122 billion was saved last year.
"We are gratified as a nation that we have embraced the path of procurement for our socio-economic and political development. More than 10 years after the commencement of the reform, and barely five years after the public procurement Act, 2007, we have continued to consolidate on our gains, while charting new paths to the institutionalization of methods in the public contracting process" he declared.
He said the sum of N450 was saved for government in 2007, adding that this year's collection has not been made because of the complications in the budget.
"As stakeholders in the implementation of the Act, we have to establish a synergy so that we can properly ensure that all hands are on deck in our bid to stamp out corruption through best procurement practices", he noted.
The bureau, he said, has moved to the next level by beginning to register, classify and categorise contractors and consultants working or intending to work on Federal Government projects as part of the bureau's statutory responsibility.
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