• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

BPP Strengthening Audit Systems To Curb Corruption

by James Kwen
6 months ago
in Business
BPP
Share on WhatsAppShare on FacebookShare on XTelegram

In a bid to tackle corruption in the country’s procurement sector, the Bureau of Public Procurement (BPP) said it was strengthening its audit systems.

Advertisement

The director general of BPP, Dr Adebowale Adedokun said this when he appeared before the House of Representatives Committee on Public Procurement for the 2025 budget defence session.

Also, Adedokun decried the budgetary ceiling placed on the agency, which he feared would hamper this objective among other strategies it plans to adopt to improve the system.

He said during the course of budget planning and preparation, the bureau proposed the total sum of N72 billion but the Budget office allocated a ceiling of N3.283 billion, excluding personnel budget of N649.5 million.

Adedokun said the agency’s 2025  budget primarily focuses on addressing its office accommodation challenge, address monitoring and evaluation of projects throughout the nation, deliver an electronic procurement system to the country as well as build capacity.

RELATED

35% Lending Rates Stoke High Prices, Discouraging Investment – MAN

MAN Calls For Industrial Reforms Amidst GDP Growth

4 minutes ago
National Credit Guarantee Firm Begins Operations With N100bn Capital

National Credit Guarantee Firm Begins Operations With N100bn Capital

6 minutes ago

“We also realise that we need to also intensify our audit exercise. It is better to prevent than to prosecute. Under our watch our strategy is to ensure we prevent misuse of funds through real time IT tools in procurement audit.

“We want to go digital in terms of our workflow, which means even if DG is not on seat, certification can be done anywhere in the country. We also provided for an upgrade of our national database of contractors and service providers.

“Under the 2025 budget, it would no longer be business as usual. We will be categorizing contractors meaning that contractors of equal competence must bid for projects within their funding capacity.

I want to assure you that we have the capacity to transform the procurement space within the shortest possible time. We will do more if empowered financially.

“If we use procurement as a tool for good governance, it would reduce corruption and poverty and increase employment and industry if this appeal is given due consideration. BPP has the capacity to contribute significantly to the GDP of the country through the innovations we are bringing on board.”

 

Chairman of the committee, Unyime Idem, said lawmakers were mindful of the ceiling imposed on the agency and they would intervene to salvage the situation.

 

“I want to assure you that what you have seen before us is the proposal, so we would engage the committee in charge of appropriation to ensure that those inadequacies in terms of funding are addressed.

 

“I have looked at the data with respect to the allocation to the BPP in 2024, which indicates that it was allocated N2,234,785,641 and N2,110,061,164 was released under the 2024 budget.

 

“Under the budget proposal before the National Assembly, the Budget Office of the Federation and the Ministry of Budget and National Planning allocated to the BPP a maximum ceiling of N3,383,021,838, excluding personnel cost. This is notwithstanding the impact of inflation between January 2024 and January 2025.

 

“I have perused the Needs Assessment conducted by the BPP preparatory to the presentation of the extant budget, and I can see that the actual needs of the Bureau comes to about N72,775,250,713.

 

“I have noted that there are some major critical needs of the Bureau, for example, the Bureau does not have a befitting and functional Office accommodation. An important institution like the BPP that is reviewing huge projects and regulating all the major capital projects in Nigeria should have a befitting office.

 

“I urge the Bureau of Public Procurement (BPP) to expedite action on leveraging technology to enhance its operations. To effectively regulate, review, and monitor public procurement, the BPP must deploy cutting-edge IT assets, digital platforms, and artificial intelligence,” he said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Bureau of Public Procurement (BPP)
SendShareTweetShare
Previous Post

Finchglow Chairman Bags Honorary Doctorate Degree

Next Post

Kogi Charts Path To Rural Electrification, Unveils Energy Vision

James Kwen

James Kwen

You May Like

35% Lending Rates Stoke High Prices, Discouraging Investment – MAN
Business

MAN Calls For Industrial Reforms Amidst GDP Growth

2025/07/30
National Credit Guarantee Firm Begins Operations With N100bn Capital
Business

National Credit Guarantee Firm Begins Operations With N100bn Capital

2025/07/30
Transcorp Power Lists 7.5bn Shares By Introduction, Seeks N1.8trn Capitalisation
Business

Transcorp Group Grows Pre-tax Profit To N85.7bn

2025/07/30
CAC Launches AI Portal For 30-Minute Business Registration
Business

CAC To Delist 100,000 Dormant Companies, Gives 90-day Ultimatum

2025/07/30
Nigerian Power Firms Face N2 Trillion Capital Shortfall Amid Electricity Woes
Business

Lagos Electricity Outage: Alternative Energy Cost May Hit N2trn By Year-end, Warns OPS

2025/07/30
Hava Lagos Eyes Local Food Tourism Growth
Business

Hava Lagos Eyes Local Food Tourism Growth

2025/07/30
Leadership Conference advertisement

LATEST

9m Motorists Drive On Nigerian Roads Without Insurance Papers

MAN Calls For Industrial Reforms Amidst GDP Growth

Lafarge Africa Donates Libraries In Cross River Host Communities

National Credit Guarantee Firm Begins Operations With N100bn Capital

Transcorp Group Grows Pre-tax Profit To N85.7bn

Osogbo Monarch Hails Orijin’s Cultural Authenticity

Translate Marine Advantages To Economic Prosperity, Dantsoho Tells African Countries

CIS President Urges FG To Strengthen Ecosystem For Economic Growth

CAC To Delist 100,000 Dormant Companies, Gives 90-day Ultimatum

Lagos Electricity Outage: Alternative Energy Cost May Hit N2trn By Year-end, Warns OPS

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.