Ongoing Reforms Saved FG Over ₦1.1trn In 2025 — Shettima

 

Vice President Kashim Shettima has said that ongoing reforms in Nigeria’s public procurement system have yielded positive results, saving the federal government more than ₦1.1 trillion in 2025, among other benefits.

Shettima disclosed this on Friday while declaring open the 2026 Federal Permanent Secretaries Reteat in Ikot Ekpene, Akwa Ibom State.

Represented by the Chairman of the Federal Civil Service Commission, Prof. Tunji Olaopa, the Vice President said the ongoing transformation of the Bureau of Public Procurement (BPP) was among the Federal Government’s most significant institutional reforms, with 23 strategic initiatives already introduced to improve transparency, accountability, and fiscal discipline.

He reaffirmed the federal government’s commitment to strengthening transparency, accountability, and fiscal discipline as part of efforts to improve governance and accelerate national development.

Organised by the Bureau of Public Procurement (BPP) in conjunction with the Office of the Head of the Civil Service of the Federation (OHCSF), with the theme “Strengthening Procurement Leadership and Accountability for Effective Budget Execution and National Development,” the retreat is a high-level forum of leadership at the apex of the Federal Public Service.

 

READ ALSO: Govs Hail Tinubu, Security Agencies Over Rescue Of Abducted Oriire Schoolchildren, Teachers

It is aimed at strengthening procurement capacity and governance at the highest level of the Federal Civil Service, and to serve as a platform for strategic alignment of the 2026 budget implementation cycle and coordination across Ministries, Departments and Agencies (MDAs) to support national development priorities, deepen public procurement knowledge, address systemic and operational constraints, and other challenges that undermine procurement performance and timely project delivery.

The gathering brought together Permanent Secretaries of Federal Ministries, Accountant-General of the Federation, Auditor-General for the Federation, Executive Management Team of the Bureau of Public Procurement, and Directors of Procurement in Federal Ministries.

The retreat further strengthens current reforms in the procurement process with the overall objective of ensuring governance.

 

 

The post Ongoing Reforms Saved FG Over ₦1.1trn In 2025 — Shettima appeared first on Channels Television.