The Bureau of Public Procurement has announced that ongoing procurement reforms enabled the Federal Government to save over ₦1.1 trillion between January and December 2025.
The agency’s Director-General, Mr. Adebowale Adedokun, made the disclosure on Thursday while presenting the BPP’s 2026 budget proposal to the Senate Committee on Public Procurement in Abuja.
The bureau also highlighted faster contract approval processes and harsher penalties for contractors and government officials who fail to comply with procurement regulations.
Adedokun urged an increased 2026 budget allocation to enhance service delivery, boost job creation, and strengthen the bureau’s oversight capabilities.
“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.
He also unveiled a new community-based procurement framework aimed at improving oversight and implementation of constituency projects sponsored by federal lawmakers.
Adedokun stated that the initiative will enhance transparency and ensure value for money by combining digital tracking tools with on-site monitoring.
It is also expected to give lawmakers better oversight of contractors managing projects in their constituencies. He added that 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.”
Meanwhile, Chairman of the Senate Committee on Public Procurement,
Mr. Olajide Ipinsagba acknowledged the bureau’s key role in promoting fiscal discipline and advancing socio-economic development.
Ipinsagba pledged legislative support for the bureau, while emphasizing the importance of strict accountability and prudent management of public funds.
The BPP is the federal agency responsible for regulating and supervising public procurement, ensuring transparency, accountability, and efficiency in government spending.
Constituency projects, also called zonal intervention projects, are budgetary allocations nominated by lawmakers to address infrastructure and social needs in their constituencies.
