In a bid to eliminate financial leakages and restore public trust, the Federal Government is betting on technology to overhaul procurement processes through a digital solution initiative.
This is a federal government strategy to systematically minimise corruption risks, plug bureaucratic bottlenecks, and usher in a new era of transparency and accountability.
Speaking at the inaugural National Public Procurement Day and Evolution Showcase in Abuja, the Director-General Bureau Of Public Procurement, BPP, Adebowale Adedokun said the move is a testament that the Nigeria’s ongoing public procurement reforms are reshaping the way government spends public funds, freeing the Federal Executive Council (FEC) from routine contract approvals and positioning procurement as a strategic instrument for economic growth, industrialization, transparency and national development.
Globally, procurement has evolved into a powerful instrument of economic transformation, industrial development, innovation, social inclusion, and institutional accountability. To key into the global trend, the Director-General , Bureau of Public Procurement (BPP), Adebowale Adedokun, said the agency is entering a new phase of reforms focused on digital transformation, stronger oversight, local enterprise development and enhanced accountability in the management of public resources.
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For the permanent secretary, General Service Office, office of the secretary to the government of the federation OSGF, Ibrahim Abubakar-Kana, public procurement should no longer be viewed merely as an administrative process for awarding contracts but as a strategic policy instrument capable of stimulating industrial development, promoting innovation, expanding opportunities for indigenous businesses and improving service delivery.
With the theme, “The Procurement Evolution: Honouring the Past, Powering the Future,” the event describes procurement as one of the most powerful but underappreciated tools available to governments for driving economic transformation.
The event has in attendance, government officials, former procurement reform leaders, lawmakers, development partners, and private sector stakeholders who reviewed nearly two decades of procurement reforms in the country.
Editor: Ebuwa Omo-Osagie
