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Home Business News

Federal Government Has Saved N680 Billion By Establishing BPP In 5 Years

Editor by Editor
May 27, 2016
in Business News, Spotlight
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Acting Director-General of the Bureau of Public Procurement (BPP), Ahmed Audu has revealed that through the establishment of the bureau, the Federal Government has saved N680billion in five years.

Ahmed was speaking this week on the sidelines of a Procurement Cadre Conversion training for officials of Federal Government agencies, parastatals, Commissions and Institutions.

According to Ahmed, the Federal Government was losing huge sums of revenue because procurement training was being carried out by non-professionals. This stopped after the establishment of the bureau.

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“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,”

Ahmed 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.

Editor

Editor

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