We Saved Nigeria N95 Billion Through Due Diligence – BPP

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A total of N95.79 billion was saved through review of various government projects by the Bureau of Public Procurement (BPP) in 2013.

The Director-General of the BPP, Mr. Emeka Ezeh, gave the figure while receiving a delegation from the Nigerian Institute of Estate Surveyors and Valuers (NIESV) in Abuja on Friday.

The BPP was established by the Public Procurement Act 2007 among other things to ensure the application of fair, competitive, transparent, value-for-money standards and practices for the procurement and disposal of public assets; and attain transparency, competitiveness, cost effectiveness and professionalism in the public sector procurement system.

A statement by the Bureau’s Public Relations Officer, Mr Tommy Odemwingie, quoted Ezeh as saying that the amount was the total amount the bureau saved for the country in the four quarter of 2013.

“The saved amount could boost infrastructure provision in critical sectors like education, energy and health,” Ezeh was also quoted as saying.

The statement also quoted Ezeh as saying that the BPP was able to save the money for the country in the discharge of its responsibility of regulating the process of public procurement to ensure that contract awards were transparent and competitive.

The statement said that President of NIESV, Mr. Emeka Eleh, commended BPP for transforming public procurement process in the country.

It said that Eleh solicited the support of the bureau to NIESV in ensuring that non-registered estate surveyors and valuers in the country were excluded from functioning as facility managers and estate agents.

Eleh also appealed to the bureau to accept personal income tax certificates from surveyors and valuers in place of company tax clearance certificates for procurement of contracts.