$18bn: FG Applauds BPP for Saving Nigeria from Huge Contract Frauds

Blessing Ibunge in Port Harcourt

The federal government has commended Bureau of Public Procurement (BPP) for saving the country from losing trillions of naira to fraudulent contracts in the past year.

It would be recalled that Nigerias anti-corruption agencies had estimated that about $18 billion was lost every year to corruption and financial crimes in public procurement. 

At the 2025 Mandatory Continuous Public Procurement Capacity Training Programme, organised by Petroleum Technology Development Fund (PTDF) and Bureau of Public Procurement, in Port Harcourt, yesterday, Secretary to the Government of the Federation (SGF), Senator George Akume, said corruption in government thrived through procurement malpractices. 

Represented by his Technical Adviser, Olusegun Adekunle, Akume said such abuses directly stole development from the Nigerian people, stressing that a transparent and well-regulated procurement system is one of the most effective anti-corruption tools. 

He said public procurement was recognised globally as a crucial instrument for good governance and corruption prevention, saying by enforcing open and competitive bidding, due diligence, and oversight, avenues for kickbacks and collusion are closed off.

According to the SGF, It is estimated that the share of the leakages in our public budget occurs during the contracting of public projects. This is why the anti-corruption agencies have observed that contract and procurement fraud accounts for roughly 90 per cent of all corruption cases in the public sector.

The lesson is that whatever the percentage, corruption in government thrives through procurement malpractices. Such abuses directly steal development from our people because every naira lost to a fraudulent contract is a naira taken away from building a school, hospital, road, or water supply that citizens desperately need.

Akume stressed, A transparent and well-regulated procurement system is one of the most effective anti-corruption tools. Globally, public procurement is recognised as a crucial instrument for good governance and corruption prevention.

In Nigerias case, the reforms introduced by the Public Procurement Act 2007 and the establishment of the BPP have been yielding positive results.

Through diligent prior review of contracts and insistence on due process, the BPP has saved the nation huge sums of money that would otherwise have been lost.

Akume stated that by convening the capacity-building exercise, they were fulfilling a legal and moral duty to equip the procurement officers with the skills and ethics required to manage public resources effectively.

He stated, It is also pertinent to recall the policy directive issued by this office in June 2017, which prohibited unqualified personnel from performing procurement functions in any MDA where a career Procurement Officer is available.

That circular directed MDAs without qualified officers to engage with BPP for training and to ensure such staff undergo conversion or induction into the procurement cadre.

The intention and objective include underpinning public procurement as a specialized profession, and to ensure that only trained, certified officers oversee this critical function.

This will help us in the quest for professionalization, protect the sanctity of the procurement process and uphold the standards of our profession.

Akume urged all public sector agencies that were still in default of the policy to change course, warning that the Office of the Secretary to Government of the Federation, in conjunction with BPP and anti-corruption agencies, had begun the process of auditing compliance.

He said, I find it compelling to remind you all that public procurement is the backbone of public service and national development. Virtually every government policy or development plan, from building roads and power stations to providing healthcare and education, relies on procurement to succeed.

Studies have shown that public procurement is an essential part of good governance and efficient service delivery. 

Statistics similarly show that it accounts for an estimated 1025 per cent of our GDP. This means that a significant portion of our nations economic activity and development budget flows through procurement processes. How well we manage this process directly impacts our development outcomes.

The SGF reminded the participants that Nigerias current National Development Plan had ambitious targets, which included massive investments in infrastructure and services, adding that It similarly envisions a total expenditure of hundreds of trillions of naira by 2025. 

Akume stressed, The effective implementation of these plans hinges on a robust procurement system that ensures every naira is spent wisely. The Plan emphasises the need for strong governance and accountability frameworks which only a transparent procurement system can provide.

The National development plan cannot achieve goals like job creation, poverty reduction, and infrastructure expansion without procurement processes that deliver value for money. 

He stated that the procurement officers played a crucial role in national development because their skills and decisions determined whether public projects were delivered on time, on budget, and to specification. 

Explaining that President Bola Tinubu had clarified that public procurement was central to governance, especially in times of economic challenges, the SGF said, Even as we navigate fiscal constraints, the publics expectations for services and infrastructure remain high and urgent. 

Therefore, a well-functioning procurement system should as a matter of course, hasten the delivery of critical services and projects to citizens thereby bridging the gap between policy promises and actual outcomes.

In doing so, we must however ensure that speed must never come at the expense of transparency and accountability. It will be your duty to balance efficiency with due process, ensuring that fast-tracking development does not open the door to abuse.

Earlier, in his welcome address, Executive Secretary of PTDF, Ahmed Galadima Aminu, said they had trained more than 15,000 Nigerians through both local and international scholarship programmes. 

Aminu said through collaboration with tertiary institutions, PTDF had completed the upgrade of 26 departments in various universities and established 214 ICT centres across the country. 

He said the interventions included the construction, furnishing, and equipping of specialised laboratories, all strategically targeted at strengthening academic programmes that supported the oil, gas, and energy sector.

He stated, Our commitment to quality education also extends to strengthening secondary education in Nigeria, as reflected in the soon-to-be-launched PTDF STEM Programme, which is designed to address foundational weaknesses in the delivery of STEM Education in 1,000 secondary schools across the 774 local government areas in the pilot phase.

We also recognise that the long-term sustainability of our programmes requires the domestication of our training efforts in order to deepen local content and save foreign exchange for the country. 

This is why the PTDF established two Centres of Excellenceto ensure that Nigerians can access the same high-quality learning experience available in top institutions abroad, right here in Nigeria.

Director-General of BPP, Dr Adebowale Adedokun, commended Tinubu for his commitment to institutional strengthening, procurement reform, and transparency, which had granted the bureau the political mandate to elevate professionalism and position procurement as a strategic engine of the Renewed Hope Agenda.

Adedokun also thanked the Rivers State government for its hospitality and for hosting the programme, saying the partnership exemplifies the collaborative spirit that underpins the shared quest for improved service delivery.

He added, This training is therefore not merely an event, it is a solemn commitment to fortify the capacity to deliver public projects with fidelity, efficiency and transparency.

Adedokun stated that the training was the 16th edition since its commencement in 2009. He said about 1,000 persons had applied, but 350 participants were selected for the training.

He urged the participants to engage fully, to ask probing questions, to sharpen your expertise and to reaffirm your ethical resolve, stating that Nigeria needs procurement officers who are competent, confident and courageous enough to uphold due process at all times.

​  

  • Related Posts

    Keyamo: We May Go After Dana Air Assets to Refund Passengers, Travel Agents

    Keyamo: We May Go After Dana Air Assets to Refund Passengers, Travel Agents

    •Direct NCAA to probe why trapped fund are yet to be refunded

    •NAMA grants approval to four new airports to operate till 10pm

    Kasim Sumaina in Abuja

    The Minister of Aviation and Aerospace Development, Festus Keyamo Tuesday disclosed that the federal government may go after the assets of Dana Air to refund trapped funds of passengers and airline travel agents.

    This is even as he said he would direct the Nigeria Civil Aviation Authority (NCAA) to probe why funds trapped by the airline are yet to be refunded.

    Keyamo, speaking on why the Authority suspended the operations of the airline, he revealed that the suspension was a choice between safety and disaster.

    The Minister, disclosed this in Abuja at the Ministry’s fourth quarter stakeholders’ engagement to enhance governance for effective service delivery in aviation with the theme: “leveraging public feedback to drive excellence in aviation services”.

    On actions to be taken to recover the trapped funds, Keyamo noted: “For Dana, the problem is that it was a choice between safety and disaster. So we didn’t take the commercial thing as priority. The priority was safety and we all looked at the damning reports that we met on the table.

    “It was a decision of the NCAA to suspend them but I pushed them to say, look, this is the reports we are seeing on the table about safety record, about lack of standards that puts the lives of Nigerians at risk. If they continue flying, I don’t know whether most of us will be here. Many of us would have been victims of one of those flights. God forbid.”

    According to him, “I have asked Najomo to dig deep to find out how those passengers and agents will be refunded. He has to dig deep on that.

    “One solution will also be that if that same individual or those entities are trying to come back to aviation under any guise, whether to go and register a new AOC or use any business within aviation sector, they have to go and settle their debts first.

    “We should look at their assets. There are assets that are still available. Let them sell their assets. Let’s cannibalize their revenue and pay people. Let’s find a way to go after their assets and get money to pay Nigerians who are owed.

    “NCAA should do that because they can’t get away with it.”

    Speaking further, Keyamo hinted that President Bola Ahmed Tinubu has approved special funds for the provision of NAMA equipment.

    This he said means that the provision of NAMA equipment is being moved from budgetary provisions into special funds

    Highlighting some of their progress, the Director General, Nigeria Air Management Agency (NAMA), Engr. Ahmed Farouk said they have provided a a fully functional flight calibration unit, which is used to calibrate navigational aids and validate instrument approach procedure

    Represented by the Director Air Traffic Service Mr. John Tayo, he added that they have also signed an agreement with Sierra Leone and Liberia to provide them with calibration and instrument approach procedure validation in accordance with ICAO standards.

    Farouk said the agency has grants approval to four new airport to operate till 10pm, which Owerri, Enugu, Yola and Ilorin airport to operate.

    The approval he explained came after the calls by stakeholders to increase time for flight operations into other airport other than Abuja and Lagos airport.

    He further stated that ad-hoc operation has also being given to Air Peace operation to Anambra, and Asaba.

    “We are always available to grant extension because of our capacity. For now, we will not be able to operate all the airports in the country till 10pm But following your directive, sir, we started till 10pm with those airports I mentioned.”

    ​  

    •Direct NCAA to probe why trapped fund are yet to be refunded •NAMA grants approval to four new airports to operate till 10pm Kasim Sumaina in Abuja The Minister of

    Read more

    Ogun Reaffirms Commitment to Fixing Ota Roads, Wants Protesters to be Wary of Blackmailers

    Ogun Reaffirms Commitment to Fixing Ota Roads, Wants Protesters to be Wary of Blackmailers

    The Ogun State Government Tuesday reiterated its commitment to rehabilitating major roads in the Ota axis, assuring residents that construction work will commence soon on several critical routes.

    The government restated this position during a meeting with the leadership of the Nigerian Bar Association (NBA), Ota Branch, who paid a visit to the Attorney General and Commissioner for Justice, Mr. Oluwasina Ogungbade (SAN).

    Speaking on behalf of the government, Ogungbade said that six major roads—Joju, Koro Otun, Navy, Isikola, Ilo Awela, and Oju Ore—have been awarded to reputable construction firm, Craneburg, with mobilisation to site expected shortly.

    He explained that additional road projects within the corridor have been segmented into four phases: the Itele–Ayobo link road to Lagos (5.3km); Ayobo Mopol–Lafenwa Junction boundary road; Koro Otun phase; and Itele–Lafenwa Junction. According to him, work on the first and second phases will begin immediately.

    The Attorney General acknowledged the concerns that led to the NBA’s peaceful protest on 25 October 2025 and assured that the Bar’s agitation would receive a positive response.

    He encouraged the lawyers to utilise their privileged access to government for faster and more effective engagement, noting that the administration of Governor Dapo Abiodun has constructed or rehabilitated over 1,500 kilometres of roads across the state, many of which are in Ota.

    The government team, which included the Solicitor-General and Permanent Secretary, Mr. Olusegun Olaotan; the Permanent Secretary, Ministry of Works, Engr. Oladimeji Yusuf; and the Special Adviser on Media, Hon. Kayode Akinmade, further stressed that several of the roads under public scrutiny are federal roads.

    They explained that repairs on these routes were delayed for years because the Federal Government had restricted the state from intervening until President Bola Tinubu approved the rehabilitation, now ongoing.

    Also speaking, Hon. Akinmade commended the NBA delegation for engaging constructively but urged them to be wary of political adversaries attempting to hijack the genuine concerns of residents for self-serving motives.

    He noted that such actors have been hiring individuals to spotlight bad roads and malign the government, even when the affected roads fall under federal jurisdiction.

    Earlier, the NBA Ota Branch Chairperson, Chief Mrs. Kelubia K. Ajose, and a senior advocate and elder of the Branch, Mr. Sola Ojutalayo, SAN, said the protest was driven by widespread frustration among Ota residents.

    They stressed that the Bar had taken deliberate steps to prevent external forces from hijacking its initiative and highlighted human activities that contribute to rapid road deterioration in the area.

    The government, however, reaffirmed its openness to continued dialogue with stakeholders and disclosed that, beyond the ongoing works, eleven new road projects were approved in November 2025.

    It assured the public that while temporary discomforts may persist, a lasting transformation of Ota’s road infrastructure is underway.

    ​  

    The Ogun State Government Tuesday reiterated its commitment to rehabilitating major roads in the Ota axis, assuring residents that construction work will commence soon on several critical routes. The government

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Gov. Nwifuru presents N884.87 billion 2026 budget proposal to Ebonyi Assembly

    Gov. Nwifuru presents N884.87 billion 2026 budget proposal to Ebonyi Assembly

    Cardoso-led CBN recovers N2 trillion from old intervention schemes after audit review 

    Cardoso-led CBN recovers N2 trillion from old intervention schemes after audit review 

    Dangote partners Honeywell International to expand refinery capacity

    Dangote partners Honeywell International to expand refinery capacity

    Intense Group hosts Leadway Digital Summit – Driving the future of non-banking finance in Nigeria 

    Intense Group hosts Leadway Digital Summit – Driving the future of non-banking finance in Nigeria 

    FG unveils Inspire Live(s) online classes nationwide to boost education 

    FG unveils Inspire Live(s) online classes nationwide to boost education 

    CBN says foreign exchange rate now market-driven, retains high cash reserve ratio 

    CBN says foreign exchange rate now market-driven, retains high cash reserve ratio 

    Cardoso: 16 banks have met CBN recapitalisation threshold  

    Cardoso: 16 banks have met CBN recapitalisation threshold  

    CBN holds benchmark rate at 27% as inflation continues to ease

    CBN holds benchmark rate at 27% as inflation continues to ease

    Sanwo-Olu presents N4.237 trillion 2026 budget proposal to Lagos Assembly

    Sanwo-Olu presents N4.237 trillion 2026 budget proposal to Lagos Assembly

    CBN absorbs N2.87 trillion liquidity as 2025 debt issuance hits N17.6 trillion 

    CBN absorbs N2.87 trillion liquidity as 2025 debt issuance hits N17.6 trillion 

    FGN bond auction oversubscribed by 120% as investors bid N657 billion  

    FGN bond auction oversubscribed by 120% as investors bid N657 billion  

    BREAKING: CBN retains MPR at 27% to sustain inflation fight 

    BREAKING: CBN retains MPR at 27% to sustain inflation fight 

    CDCFIB announces recruitment for mid-management positions in Federal Fire Service 

    CDCFIB announces recruitment for mid-management positions in Federal Fire Service 

    Start small, retire big: The young Nigerian’s playbook to wealth 

    Start small, retire big: The young Nigerian’s playbook to wealth 

    Trump Is Boosting MAGA X Accounts Operating Overseas

    Trump Is Boosting MAGA X Accounts Operating Overseas

    20% Off LG Promo Code & Coupons | November 2025

    20% Off LG Promo Code & Coupons | November 2025

    Sam Bankman-Fried Goes on the Offensive

    Sam Bankman-Fried Goes on the Offensive

    11 Best Down Comforters (2025), Tested in Our Homes in Every Season

    11 Best Down Comforters (2025), Tested in Our Homes in Every Season

    Wish List 2025: A WIRED Gift Guide

    Wish List 2025: A WIRED Gift Guide

    Can Tech Get Rid of Bad Trips?

    Can Tech Get Rid of Bad Trips?

    The Best Mushroom Coffee, WIRED Tested and Reviewed (2025)

    The Best Mushroom Coffee, WIRED Tested and Reviewed (2025)

    He Hunted Alleged Groomers on Roblox. Then the Company Banned Him

    He Hunted Alleged Groomers on Roblox. Then the Company Banned Him

    LG UltraFine Evo 6K 32-inch Monitor Review: More Pixels, Please

    LG UltraFine Evo 6K 32-inch Monitor Review: More Pixels, Please

    Alleged N4 Billion Fraud: Court adjourns Ex-Governor Obiano’s trial indefinitely 

    Alleged N4 Billion Fraud: Court adjourns Ex-Governor Obiano’s trial indefinitely 

    Access Bank to unveil “Detty Fusion”: A CSR-Led initiative connecting Nigerians to safe and seamless festive experiences

    Access Bank to unveil “Detty Fusion”: A CSR-Led initiative connecting Nigerians to safe and seamless festive experiences

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    What UACN’s 182 Billion Naira Investment Means for Investors 

    What UACN’s 182 Billion Naira Investment Means for Investors 

    NNPCL earns N29.21 trillion from crude oil sales in 2024 

    NNPCL earns N29.21 trillion from crude oil sales in 2024 

    Why the stock market lost over N2 trillion last week!

    Why the stock market lost over N2 trillion last week!

    GTCO, Access Corp rally as banking stocks drag NGX lower 

    GTCO, Access Corp rally as banking stocks drag NGX lower 

    How Fast Credit’s N2bn SME financing initiative will boost business growth in Nigeria 

    How Fast Credit’s N2bn SME financing initiative will boost business growth in Nigeria 

    South West governors to establish joint digital security intelligence platform 

    South West governors to establish joint digital security intelligence platform 

    CBN proposes five-year ban on repeat dud cheque offenders 

    CBN proposes five-year ban on repeat dud cheque offenders