The Senate has reiterated the need for strict compliance and greater transparency in Nigeria’s public procurement processes to ensure that government spending translates into tangible results for citizens.
Chairman of Senate Committee on Public Procurement, Olajide Ipinsagba, made the call at a two-day retreat organised for members of the committee by LeadBold Resource Consulting in Abuja yesterday.
Ipinsagba said the public procurement process must become a model of transparency and efficiency to guarantee value for money in project execution across the country.
“Public procurement is not merely a technical or administrative activity; it is the mechanism through which government policies are transformed into tangible services, infrastructure, and development outcomes.
“It accounts for a significant proportion of national expenditure and therefore demands the highest standards of integrity, efficiency, and accountability.”
He acknowledged that the enactment of the Public Procurement Act 2007, the establishment of the Bureau of Public Procurement (BPP) and the Senate Committee on Public Procurement marked a decisive step towards institutionalising accountability in the sector. However, he said more reforms were still needed.
“Public procurement is not a one-time event; it is a continuous process of evolution, adaptation, and learning. The Senate Committee on Public Procurement remains committed to legislative oversight, policy advocacy, and institutional reforms that strengthen integrity and compliance in the procurement system.
“Let us reaffirm our collective resolve to make public procurement in Nigeria a model of transparency and efficiency — not only in Africa but across the global stage. By aligning our practices with international standards and embracing innovation, we can ensure that every naira spent translates into better schools, safer roads, improved healthcare, and a more prosperous nation in line with President Bola Tinubu’s Renewed Hope agenda.”
Chief Executive Officer of LeadBold Resource Consulting Limited, Kelechi Kingsley, said the retreat was designed to strengthen the committee’s strategic leadership capacity in oversight and accountability.
She said the session aimed to expose participants to global best practices and regulatory frameworks that would enhance institutional integrity and ensure value for money in public expenditure.
“The retreat seeks to build the committee’s capacity to drive transparency, accountability and compliance within Nigeria’s public procurement ecosystem. Through sound procurement governance, we can advance national development objectives and deliver better outcomes for citizens.”
