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How BPP Saved Nigeria N1.9 Trillion in 15 Years – DG

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By Gloria Ikibah

The Bureau of Public Procurement (BPP) has revealed that it saved Nigeria a total of N1.9 trillion by reviewing procurement processes and verifying contract sums from 2009 to 2023.

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The Director-General, Dr. Adebowale Adedokun, stated during a budget defense session with the House of Representatives Committee on Public Procurement on Monday in Abuja.

He said: “Mr. Chairman, the Bureau’s Price Intelligence mechanism has generated significant savings to the federal government. The prior review of procurements and the verification of contract sums and approach, has resulted in cumulative savings of over N1.9trillion , and this has prevented funds from being diverted into personal pockets.
“This process also helps to reduce excessive projects costs and release more funds for other development investments”.
According to the BPP Boss these include in 2009  N46.519bn, 2010 N216.690bn, 2011:NN77.652bn, 2012:N124.113bn, 2013: N95.797bn, 2014: N127.368bn and 2015:
N49.519bn.
The rest are 2016: N32.398bn, 2017:N78.977bn, 2018:N170.485bn, 2019: N49.142bn, 2020:N172.676bn, 2021:N146.961bn, 2022:N365.568bn and 2023: N146.410bn totalling N1,900,282,844,421.28 trillion.

He said that beyond the direct savings, the bureau’s compliance mechanisms have also played a role in boosting revenue by ensuring bidders are up-to-date on their tax, pension, and social security payments before participating in any procurement process.

However, the Director-General expressed concern over the budgetary ceiling imposed on the agency, which he feared could undermine this and other strategies designed to enhance the system.

During the budget planning process, the Bureau requested N72,775,250,713, but the Budget Office allocated only N3,283,021,838, excluding the Personnel budget of N649,558,451.59.

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Regarding the 2024 budget performance, he noted that N2,234,785,641 was allocated, with N2,110,061,164 utilized. However, the capital allocation of N289,418,688 was insufficient to achieve significant reforms or address the core mandates needed for effective contract administration. So far, only N184,024,690 of the capital expenditure allocation has been released.

For the 2025 budget, Adedokun highlighted the agency’s focus on addressing office accommodation needs, improving project monitoring and evaluation across the country, implementing an electronic procurement system, and enhancing capacity building.

While thanking the Committee for its continued support, he appealed for additional funding to help the Bureau meet its objectives.

“We also realise that we need to also intensify our audit exercise. It is better to prevent than to prosecute. Under our watch our strategy is to ensure we prevent misuse of funds through real time IT tools in procurement audit.
“We want to go digital in terms of our workflow, which means even if DG is not on seat, certification can be done anywhere in the country. We also provided for an upgrade of our national database of contractors and service providers.
“Under the 2025 budget, it would no longer be business as usual. We will be categorizing contractors meaning that contractors of equal competence must bid for projects within their funding capacity.
“I want to assure you that we have the capacity to transform the procurement space within the shortest possible time. We will do more if empowered financially.
“If we use procurement as a tool for good governance, it would reduce corruption and poverty and increase employment and industry if this appeal is given due consideration.
“BPP has the capacity to contribute significantly to the GDP of the country through the innovations we are bringing on board”, he stated.
Adedokun said the various achievements by the Agency over the years has been with very limited funding.
He said under his administration the Bureau is committed to making the contracting process even more efficient, transparent and competitive for foreign and local contractors.
Chairman of the Committee,  Unyime Idem, said they were mindful of the ceiling imposed on the agency and would do something about that.
“I want to assure you that what you have seen before us the proposal, so we would engage the committee in charge of appropriation to ensure that those inadequacies in terms of funding are addressed,” he added.
Idem also said the BPP remains a vital institution for the ability of any government to achieve good governance and deliver the dividends of democracy.
He said if the BPP improves its productivity in playing its full role, it will improve the quality of governance, procurement and project management.
“However, how can the above be achieved without an empowered BPP? I have looked at the data with respect to the allocation to the BPP in 2024, which indicates that it was allocated N2,234,785,641 and N2,110,061,164 was released under the 2024 budget.
“Under the budget proposal before the National Assembly, the Budget Office of the Federation and the Ministry of Budget and National Planning allocated to the BPP a maximum ceiling of N3,383,021,838, excluding personnel cost. This is notwithstanding the impact of inflation between January 2024 and January 2025″.
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INEC adjusts Osun governorship election campaign period

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The Independent National Electoral Commission, INEC, has announced adjustment for the campaign period ahead of the Osun State governorship election.

The adjusted schedule for the election was announced in a statement issued on Thursday by Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.

“The Independent National Electoral Commission (INEC) issued the Revised Timetable and Schedule of Activities for the 2027 General Election and adjusted the Osun State Governorship Election forward by one week from the 8th of August 2026 to the 15th.

“As a result of this adjustment, the last day for political parties’ campaigns in the state is now midnight on Thursday, August 13, 2026, in line with Section 98(1) of the Electoral Act 2026, which provides that campaigns shall end 24 hours prior to election day.

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“The Commission urges all political parties, candidates, and stakeholders to strictly adhere to the revised timeline.

“INEC remains committed to the conduct of free, fair, credible and inclusive elections,” the statement read.

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Senator Abdulaziz Yari Accused of Using Billions to Secure Vice Presidential Ambition

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Fresh allegations have surfaced against former Zamfara State Governor and current senator representing Zamfara West, Abdulaziz Yari, accusing him of engaging in large-scale financial inducements aimed at influencing political figures and advancing his ambition to become Nigeria’s Vice President.

According to claims attributed to unnamed sources, Yari is allegedly distributing billions of naira to politicians and influential individuals, while reportedly keeping detailed records of such transactions for potential leverage. The allegations suggest that these actions are part of a broader effort to position himself as a possible running mate to President Bola Ahmed Tinubu, should there be any change involving current Vice President Kashim Shettima.

The report further alleges that Yari has made substantial monthly payments to key political figures, including APC National Chairman Abdullahi Ganduje and First Lady Oluremi Tinubu, as well as providing funds to presidential aides to secure access and influence.

In addition, Yari is said to have targeted individuals within the inner circle of the President, including associates and family members. One claim alleges that he distributed millions of dollars during a recent birthday event for Gilbert Chagoury.

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The senator is also reportedly linked to the establishment of a political support group, the Renewed Hope Network, allegedly funded with billions of naira and coordinated through political ally James Abiodun Faleke.

Further allegations tie Yari to past financial dealings involving late former President Muhammadu Buhari and former First Lady Aisha Buhari, with claims that funds were exchanged and later referenced during investigations into alleged fraud cases.

Sources also claim that Yari’s wealth is partly derived from illegal gold mining activities in Zamfara State, alongside consultancy payments reportedly received from the Federal Government.

As of the time of filing this report, there has been no official response from Yari or the individuals named in the allegations. The claims also remain unverified, and no formal charges or independent confirmations have been publicly established.

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I Am Ready For 2027 – President Tinubu Declares

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President Bola Tinubu on Thursday declared that he is ready to contest the 2027 election to seek a second term in office as Nigeria’s leader.

According to him, he is ready to break the shackles of ignorance and poverty, put freedom in the hearts of Nigerians and ensure democracy survives.

Taking a swipe at opposition parties, President Tinubu said he wants to give something different from the rascality or noise-making of a street convention.

According to him, the country must submit to the principles of separation of powers and respect the judiciary even when rulings don’t favour a particular group.

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Naija News reports that Tinubu made the declaration when he met with the leadership and coordinators of the Renewed Hope Ambassadors at the Presidential Villa, Abuja.

Tinubu added that he can’t be intimidated by the antics of opposition parties and politicians, declaring that he was once in their shoes and understands the game.

“They want to scare me off? It’s a lie. I have been through this path before, and if I have to come back over and over again, I will do the same thing,” he added.

Meanwhile, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has berated former Vice President Atiku Abubakar over his interest in the 2027 presidency.

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Onanuga argued that Atiku is simply pursuing a self-serving interest without regard for zoning or Nigeria’s power rotation arrangement, which gives preference to a southern candidate for the 2027 presidency.

According to the presidential media aide, Atiku has constantly disregarded zoning arrangements in his previous ambitions for the presidency, leading to a crisis in the Peoples Democratic Party (PDP).

He added that Atiku’s open declaration of intent to contest the 2027 presidency is following the same route and may plunge the African Democratic Congress (ADC) into similar troubles.

Onanuga, however, predicted that Atiku would suffer a resounding defeat at the polls, describing him as a man who never learns.

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