BPP Saves N98bn In Four Months

BPP

The Director-General, Bureau of Public Procurement (BPP), Mr. Emeka Ezeh has disclosed that N95.79 billion was saved through the implementation of due diligence in public contracting and procurement in the fourth quarter of last year.

The Director-General of BPP said this in Abuja yesterday while receiving a delegation from the Nigerian Institute of Estate Surveyors and Valuers (NIESV), saying the amount saved could boost the provision of critical infrastructure in sectors including education, energy and health amid high expectations for quality service delivery in the country.

Eze further explained that the money was generated through the discharge of the agency’s responsibility of regulating the process of public procurement to ensure contract awards were transparent and competitive.

In a statement signed by its spokesman, Mr. Tommy Odemwing, President of NIESV, Mr. Emeka Eleh commended Eze for transforming the public procurement process in the country.

He also urged the BPP to ensure that non-registered estate surveyors and valuers were excluded from functioning as facility managers and estate agents.

He further urged the procurement agency to demand personal income tax certificates from surveyors and valuers in place of company tax clearance certificates for procurement of contracts.