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BPP Saves Nigeria N659bn From Inflated Contracts

Governor Nyesom Wike of Rivers State (2nd right), inspecting the Rainbow Town housing project in Port Harcourt recently. With him are Commissioner for Housing, Barrister Emma Okah (right), Attorney-General and Commissioner for Justice, Mr. Emma Aguma (left) and Mr. Chima Uche (2nd left).
The Bureau of Public Procurement (BPP) yesterday said it had saved the country a total of N658.88billion from inflated contract submitted by contractors of Ministries, Departments and Agencies (MDAs) of government.
The bureau, in a statement in Abuja, said the figure, which was provided by the Director General, BPP, Mr Emeka Ezeh, while speaking at the annual conference of the Nigerian Bar Association, was saved over a five-year period, between 2008 and 2014.
The statement said in his presentation at the Panel Session on ‘Ending the Scourge of Abandoned Projects in Nigeria’, Ezeh outlined the role of the BPP in project development.
He said such savings were made possible through the Bureau’s prior reviews of contracts awarded.
The statement reads in part, “Nigeria was saved a total sum of N658,886,962,004.01 between 2009 and 2014 from contracts awarded by agencies of the Federal Government.
“This was disclosed in Abuja by the Director-General of the Bureau of Public Procurement, Mr. Emeka Ezeh, at the on-going 55th annual conference of the Nigerian Bar Association.”
Ezeh added that the Bureau’s had successful resolved 365 out of the 557 complaints it received from contractors during the period.
The BPP boss lamented that a majority of international companies, that usually handle construction projects in the country, were now closing their operations, noting that the development had made the few ones that had yet to shut down operations, to be overburdened with many projects.
He described the trend as disturbing as it had led to delay in execution of projects.
The statement said, “He drew the attention of the audience to the disturbing trend of many international companies that used to handle huge construction projects in Nigeria in the country shrinking or closing operation, resulting in the few capable international companies being overburdened with many jobs with its attendant possibility of collusion.
“He said abandoned projects include both those for huge infrastructure and small contracts in different parts of the country embarked upon by different tiers of government.”
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
