Procurement Act reduces rate of abandoned projects- Expert

Date:

Mr Emeka Ezeh, Director General of Bureau of Public Procurement (BPP)By Stanley Onyekwere

The Nigeria’s Public Procurement Act has positively affected the construction industry, by helping in reduction of incidences of abandoned public and private projects across the country.

Chief Executive of Kabola Associates, a private consulting firm, Alhaji Kabiru Olayiwola, made the assertion in Abuja on Friday, adding that the story was not the same now as it was before the coming of the Act in 2006 by Late President Umaru Yar’adua’s administration. He said the sustenance of the Public Procurement Act has changed the face of construction industry in the country.

The expert said while the credit goes to former President Yar’Adua, for signing the law into Act, President Goodluck Jonathan deserved commendation for implementing the Act in the overriding public interest, thereby saving the nation’s huge losses due to uncompleted project that may degenerate. According to him, the stand of the present administration to complete all abandoned projects has also helped Construction Company in Nigeria to uphold quality delivery as well as generating employment. He however called on the government to ensure that round pegs are placed in round holes for effective facility management of public infrastructure.

READ MORE  Oil marketers lament poor access to official FX market

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Customs pays N7.61bn retirement benefits to 4,237 retirees

Mariam Abeeb The Nigeria Customs Service (NCS) has released...

CSJ queries N34tn customs duty waivers

Mariam Abeeb A Non- governmental Organisation under the aegis of...

NECO dismisses Kogi’s ‘Miracle Centre’ claim

Mariam Abeeb The National Examinations Council (NECO) has rejected the...

FUDMA to Host Nine Universities For Pre-NUGA Games 

FUDMA to Host Nine Universities For Pre-NUGA Games  The Federal...