• News - South West - Lagos
  • Updated: May 28, 2024

Senate calls on Tinubu to submit Amendment Bill on BPP act

Senate calls on Tinubu to submit Amendment Bill on BPP act

Godswill Akpabio, the leader of the 10th Senate, has made a crucial request to President Bola Ahmed Tinubu for the submission of an amendment bill to the Bureau of Public Procurement Act.

The appeal was made during the inauguration of the 700km Lagos-Calabar highway project, valued at ₦15 trillion and held in Lagos.

Akpabio emphasised the urgent necessity for this legislative revision, citing present faults in the public procurement process that are resulting in poor budgeting for projects around the country.

According to him, budgetary inadequacies have resulted in the cancellation of over 14,000 projects around the country, indicating a serious gap in the country's development strategy.

"The flawed budgeting processes have hindered the completion of numerous key projects, which is why it’s imperative to amend the Bureau of Public Procurement Act,” Akpabio stated.

He emphasized that enhancing the Act would streamline procurement processes and ensure more efficient resource allocation and use, ultimately reducing the high incidence of project abandonment.

He said “A few days ago we were debating and we came to the conclusion that we must go ahead to amend the BPP Act.

"A situation where you want to construct a road of ₦500bn and you start by putting ₦2billion this year, it means you will finish the job in 50 years.

“So, we must be in a position to budget in a way that we also look at the tenure of presidency and that of the federal government otherwise, most of the reasons why we have over 14,000 projects in Nigeria is because of budgeting.

“The budgeting process is totally flawed. So, Mr President, the executive must bring an amendment bill of the BPP Act so that we amend it and ensure that every project you start will be completed in record time with five years from today. That’s our commitment.”

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