ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Monday, March 8, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Contract Inflation: BPP has saved Nigeria N659 bn, says DG

Contract Inflation: BPP has saved Nigeria N659 bn, says DG

byPremium Times
August 25, 2015
1 min read
ADVERTISEMENT

The Director-General, Bureau of Public Procurement (BPP), Emeka Ezeh, said on Tuesday that the bureau saved the country N659 billion from contracts awards between 2009 and 2014.

Mr. Ezeh said this in his paper on “Ending the scourge of abandoned projects in Nigeria”, presented in Abuja.

Mr. Ezeh said the sum amounted to the difference between the proposed sum for contracts submitted by Federal Government contractors in different ministries, departments and agencies, and what the bureau approved.

He urged the overnment to strengthen institutions like the BPP through which corruption and waste could be minimised.

Mr. Ezeh said it was not enough for the BPP Act to regulate the Federal Government.

He said it was also important for states and local governments to adopt the act to curb corruption at all levels.

The DG expressed concern over the way many international companies that handled huge construction projects in Nigeria were shrinking or closing operations.

On abandoned projects, MRr. Ezeh said the three tiers of government had contributed to the trend, which he said, had led to huge waste of resources.

“Delays in payments for jobs duly certified can lead to a project being abandoned.

RelatedNews

Tenure Extension: I can remain in office till 2023 or 2024 — Adamu

Blood on Uniforms (3): In Nigeria’s South-east, no justice for people killed during COVID-19 lockdown

VIDEO: Five pillars for Covid-19 – Ehanire

Blood on Uniforms (2): No justice for inmates killed by Nigerian prison officials

“Others include contract splitting, especially for low-value contracts, is a factor; the use of fake documents by contractors and multiple ownership of companies by contractors.

“Also, long delays in investigation and prosecution of cases, high level of connivance by MDAs with the contractors, especially for low-value contracts, could forestall project completion,” he said.

(NAN)

Dangote adbanner 728x90_2 (1)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...



JOIN THE CONVERSATION

  • Disqus (8)
premiumtimes



PT Mag Campaign AD

Previous Post

Don’t spare officials behind “ghost workers”, CAN tells Gov. el-Rufai

Next Post

Jackie Chan to visit Nigeria September

Premium Times

Premium Times

More News

Mahmood Yakubu

2023: INEC directs RECs to submit inventory of election materials

March 8, 2021
Kano designates 509 health facilities for COVID-19 vaccination

Kano designates 509 health facilities for COVID-19 vaccination

March 8, 2021
LAWAL OLUWATOSIN

Court jails Uber driver three months for internet fraud

March 8, 2021
Nigerian Army soldier

Army denies deploying troops based on ethnicity, religion

March 8, 2021
EFCC Zonal Office

Court jails two whistleblowers for giving false, misleading information

March 8, 2021
Vice President Yemi Osinbajo

Buhari, Gbajabiamila, Okowa salute Osinbajo at 64

March 8, 2021
Next Post
Jackie Chan to visit Nigeria September

Jackie Chan to visit Nigeria September

Kwankwaso formally declares for APC

Tribunal dismisses petition against Kwankwaso's election

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,630,578 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.