The Bureau of Public Procurement (BPP) says the ongoing procurement reforms saved the federal government over N1.1 trillion between January and December 2025.
Adebowale Adedokun, director-general (DG) of the bureau, spoke on Thursday while defending the agency’s 2026 budget before the senate committee on public procurement in Abuja.
Adedokun also asked for increased budgetary allocation in 2026 to enhance service delivery, create jobs, and strengthen institutional capacity for procurement oversight.
According to the BPP boss, there has been reduced contract approval timelines, additional cost savings, and tougher sanctions imposed on erring contractors and non-compliant government officials.
“The bureau received N4.032 billion in 2025 and sought higher funding to reinforce anti-corruption efforts under the administration of President Bola Tinubu,” he said.
The DG also said there is a new community-based procurement framework designed to enhance oversight and execution of constituency projects nominated by federal lawmakers.
Adedokun said the initiative will promote transparency and value for money by integrating digital tracking tools with on-ground monitoring.
“It is also expected to provide lawmakers with improved visibility into contractors handling projects within their constituencies,” he added.
Adedokun said President Bola Tinubu has approved the rollout of the reform.
“The President has approved the deployment of what is called community-based procurement for the first time in this country,” he said.
“What this means is implementing local content and providing a legal framework to help ensure that constituency projects deliver value.”
Speaking earlier, Olajide Ipinsagba, chairman of the senate committee, underscored the bureau’s strategic role in driving socioeconomic development and promoting fiscal discipline.
Ipinsagba also assured the agency of legislative support while urging strict accountability and prudent utilisation of public funds allocated for its operations.
