Senate Moves to Amend Procurement Laws to Empower Local Contractors

Senate Moves to Amend Procurement Laws to Empower Local Contractors

Nigeria | 10 seconds ago Sunday Aborisade in Abuja The Senate has taken a significant step towards overhauling the country’s public procurement laws to give newly registered and indigenous contractors better access to federal government contracts. The move followed a resolution passed during plenary yesterday, directing its Committees on Public Procurement and Local Content to partner with the Bureau of Public Procurement (BPP) on amending relev…

Senate moves to amend procurement law to support local contractors

If the procurement law is successfully amended, it could open up billions of naira in contract opportunities to local companies, boost indigenous technical capacity, and localise economic growth. The post Senate moves to amend procurement law to support local contractors appeared first on Premium Times Nigeria.

Governor Adeleke vows enforcement of procurement laws

Governor Ademola Adeleke has warned ministries and agencies of government against violation of the new procurement law, advising that rigorous observance of the procurement law must continue. Speaking while addressing the State Executive Council meeting at Osogbo today, the governor said the new Procurement law he recently signed into law strengthened transparency and accountability in […]

Senate moves for amendment of procurement law to include local contractors - Worldstage

WorldStage Newsonline–  Newly registered local contractors and small-scale businesses are henceforth to have access and execute public contracts, especially in construction and other infrastructure projects. The development is coming at the instance of a bill sponsored by Senator Suleiman Sadiq (APC, Kwara North) at Wednesday plenary to address the disadvantage suffered by indigenous businesses in participating in federal government contracts. F…

Senate to Review Procurement Act in Local Contractors' Support - InsideBusiness - Business News in Nigeria

The Nigerian Senate has urged increased use of local contractors in executing small-scale federal government projects of less than N50 million to develop the grassroots and reduce poverty. Senator Umar Sadiq Suleiman (Kwara North) in the motion drew attention to the marginalisation of indigenous contractors, arguing that small and medium-sized enterprises (SMEs) remain the backbone of Nigeria’s economy and should be empowered to contribute meani…

Comply with public procurement regulations, govt tells councils  - Zimbabwe Situation

Source: Comply with public procurement regulations, govt tells councils -Newsday Zimbabwe GOVERNMENT has urged local authorities to comply with public procurement regulations to maintain accountability in their operations amid rising court cases resulting from failure to comply with laid-down procedures. The remarks were made by Presidential Affairs and Devolution secretary in the Office of the President Tafadzwa Muguti during the Public Procure…