Muted dividends of procurement reforms in Nigeria

A Nigerian company I am acquainted with recently contacted an office of a state government to enquire about the process of doing business with the government. The company was directed to visit the Ministry of Works to collect a form. When the form was fetched, an executive of the company was shocked at what he found. It was a photocopied document with bid requirements printed on both sides of the paper. The text appeared faint and barely legible. The typography was unprofessional. But this sloppiness simply typifies the state of public procurement in the exalted offices of many sub-national government agencies in Nigeria.

Public procurement refers to the process by which government departments and institutions purchase goods or services from private sector entities. Such public-private engagements cover a wide range of funding activities given the varying needs of the government to provide services to its citizens. Public procurement is one of the most important governance activities. The procurement cycle involves identifying needs, vetting and selecting vendors, awarding contracts, implementing and managing contracts and making payments.

 

Read the full article Here

 

 

 


 

Advertisements

About Olajide Olutuyi

Father.Husband.Calgary Flames fan. Calgary Stampeders fan. Akure Sunshine stars fan. Supports conscious capitalism.Progressive conservative( supports sin taxes, low taxes and laissez-faire economy). Now listens to gospel and country. Former rap fan Believes in volunteering and community service as agents of developmental change. A lot of my time goes into community service, reading, encouraging people and most importantly God’s business. Loves culture , business start-ups and politics of both my home and adopted countries. This is my blog. The opinions and thoughts in my article are mine and I make no mistakes for having them. You may also find articles, news or opinions of others that I agree with on my blog. More information about my professional background and interests available on my LinkedIn page.
This entry was posted in Africa, Governance, Uncategorized and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s