Dr Anthony Onyilimba, the Deputy Commissioner, Procurement, of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has disclosed that 60 per cent of corruption cases in Nigeria are procurement oriented.
Onyilimba said this at the 7th Annual Conference and Award Night of the Institute of Purchasing and Supply Management of Nigeria (CIPSMN) on Thursday in Abuja.
The conference had the theme “Efficient Procurement Practice and Sustainability in an Economy under Recession’’.
He said that procurement was one of the indices used […]
Senate President, Dr. Abubakar Bukola Saraki has threatened that the Senate will take up the case against any ministry, department or agency of government which is violating the Public Procurement law which compels them to give preference to locally produced goods in Nigeria.
He also charged Senate Committee Chairmen to ensure that in the course of their oversight duties that MDAs comply with the provision of the law on patronage of local manufacturers as he also urged all military and para-military […]
It was gathered that the House of Representatives has mandated its committee on National Security and Intelligence to investigate a committee set up by the Presidency and Office of the National Security Adviser (NSA) on arms procurement.
The resolution followed a motion under matter of urgent public importance by Rep. Chris Azibogu (PDP-Anambra), which was unanimously adopted by members through a voice vote.
Moving the motion, the legislator said that the committee, set up by the Presidency on Aug. 31, 2015, had […]
Strong indications emerged over the weekend that President Muhammadu Buhari may have concluded plans to sack two officials of his government indicted in the final report of arms procurement probe.
The 13-man Presidential Committee on the Audit of Defence Equipment Procurement in the Nigerian Armed Forces (2007-2015) had submitted its final report to Buhari on Sunday, October 23.
The probe cut across procurement of arms and related military contracts between 2007 and 2015 in the Ministry of Defence, Nigerian Army (NA), Nigerian […]
According to reports, the Minister of Power, Works and Housing, Mr. Fasola also stated that FEC approved the procurement of three transformers of 150 MVA to be installed in sub-stations in Shiroro, Oshogbo and Ondo. According to him, the purpose was to expand the transmission capacity of electricity around the country.
“As you know the Transmission Company of Nigeria is the manager of the transition system which is the transporter of electricity, in that it provides service to the generation company […]
Ekiti State Governor Ayodele Fayose has asked Nigerians to demand the release of the authentic report of the Audit of defence equipment procurement in the Nigerian Armed Forces.
In a statement issued yesterday by Lere Olayinka, his Special Assistant on Public Communications and New Media, Fayose said, “it is now obvious to the entire world that anyone that is in President Muhammadu Buhari’s good books can never be adjudged as corrupt even if such a person is caught looting the entire […]
Former Governor of Ebonyi State and Senator representing Ebonyi North Senatorial District, Sen. Sam Egwu, yesterday, explained that he was sponsoring a bill to amend the existing Procurement Act to encourage local manufacturers to invest more in local production.
He also said the bill if passed by the National Assembly and assented to by President Muhammadu Buhari, would put an end to capital flight.
Speaking to newsmen, at the weekend, in Abuja, while throwing more light on why he proposed an amendment […]