News Express banner Camano banner
Corruption in procurement makes up 70 per cent of budget: Ex-Minister

By Lucy Nwachukwu on 27/08/2017

Views: 979

•Ex-Minister Bala Kaoje
•Ex-Minister Bala Kaoje

Corruption in the procurement process has affected the efficiency of public spending and the opportunities to improve quality of lives of Nigerians, Alhaji Bala Kaoje, a former Minister has said.

Kaoje, a former Minister of Sports and Youth Development, also said that corruption in the procurement process accounts for over 70 per cent of the government’s total budget.

The former minister spoke at the induction of new members and fellows of the Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) on Saturday in Abuja.

He said: “In Nigeria, corruption affects the efficiency of public spending and the opportunities to improve quality of life of the citizens.

“Due to the importance of a good procurement system in governance, Nigeria had the first Procurement Act in 2007 which provides for the harmonisation of existing government policies and practices on public procurement.

“It is to ensure probity, accountability and transparency in procurement process, which if judiciously practiced will reduce corruption in the country to the barest minimum.

“The institute is today showcasing yet another batch of professionally chartered members of the procurement and supply chain management personnel.

“They will contribute in no small measure toward the prevention of corruption in procurement and development of our country.”

Kaoje, also a former President, Association of Professional Bodies of Nigeria, said that the World Bank had equally called on all member states to adopt transparent measures in public sector budgeting and expenditures.

According to him, experts also identified procurement as the area most prone to corruption in all sectors of the economy.

He also faulted the existing procurement law which he said was not favourable to the middle class who could not afford to execute projects with only 15 per cent mobilisation.

“The eligibility criteria for tendering in Nigeria is too cumbersome and it eliminates lower income earning contractors and suppliers.

“It kills the middle class in the society and only the big time contractors and suppliers who have the resources to meet up with the stringent laid requirements can compete.

“This is certainly unfair in a country where less than 10 per cent of the population fall within the bracket of big time contractors or suppliers, while 90 per cent of the population is either middle class or low income earning group.

“The 15 per cent mobilisation presently approved, is unreasonable and can only lead to contract abandonment; perhaps 30 per cent advance payment could be better for contractors,” Kaoje said. (NAN)

Source News Express

Posted 27/08/2017 12:49:59 AM





You may also like...
Collapsed Akpajo Bridge (Rivers) soon to be repaired,...

Vigilance group kills suspected kidnapper, arrests partner

PDP jittery about losing cash cow states —APC...

Police intercept heavily armed kidnappers

NEW PDP serves TUKUR QUIT NOTICE •Wants Oyinlola...

Don’t politicise security matters, Uduaghan tells politicians

Kano approves N35m for conduct of National Common...

Court fines Airtel over unsolicited text messages

South South APC wants Senate presidency

The cloud could be the strongest business weapon...

Army installs internet phones for troops

Three months after formation, Obasanjo’s ADC party splits...


Latest News Aisha Buhari to set up private university Gunmen kill two tourists in Kaduna, abduct three others States can pay new minimum wage — TUC Over 4 million people jobless in Kano — Don One soldier killed as troops neutralise suspected bandits in Zamfara APC populated by well-meaning, greedy people — Momoh Troops kill bandit, seize arms in Benue Killings in Nigeria: Blood of the innocent will seek vengeance — Bishop Ibezim MOSOP condemns latest military killing in Ogoni community, demands thorough investigation UBA rewards 20 more customers with N30m in Wise Savers Promo Imo Air travellers lament hike in fare few hours to Easter Police smash child trafficking syndicate in Imo


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (470,116 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (414,674 views) Shameless Genevieve Nnaji exposes breasts in public (352,103 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (301,584 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (265,819 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (238,938 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (225,866 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (207,397 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (196,386 views) 10 cars more expensive than Jets (188,262 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (178,952 views) Lagos plane crash: Journalist releases victims’ names (178,389 views)


UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (86) Business & Economy (4,209) Business Verdict (65) Columnists (1,017) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (607) Features (746) Global Business Monitor (343) ICT Monitor (35) International (3,336) Interview (176) Live Commentary (29) Love Matters (155) Maggie's Blog (232) News (45,150) Opinion (1,223) Pidgin (17) Politics (10,622) Religion (980) Sports (1,961) Stock Watch (39) AMA & Al Jazeera Global Update






APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera