ABUJA – The Bureau of Public Procurement (BPP) says ongoing procurement reforms have helped the Federal Government save ₦1.1 trillion through improved budget evaluation and price intelligence.

The Director-General of the Bureau, Dr. Adebowale Adedokun, disclosed this during a courtesy visit by the leadership of the Nigerian Institute of Quantity Surveyors (NIQS) to the Bureau’s headquarters in Abuja.

Adedokun said the savings underscore the impact of reforms aimed at promoting transparency, accountability and value for money in public procurement.

Speaking during the visit, NIQS President Dr. Aminu Muhammad Bashir commended the Bureau for key reforms introduced under Adedokun’s leadership. These include the launch of the National Guidelines for Public Procurement of Food and Related Services on July 13 and the May 2026 circular mandating the completion of final project designs before contracts are awarded.

According to Bashir, the initiatives are expected to reduce contract variations, curb cost overruns and improve project delivery across the public sector.

He noted that the reported ₦1.1 trillion savings achieved in 2025 through enhanced price intelligence and budget evaluation align with the cost management principles championed by the quantity surveying profession.

Bashir also applauded President Bola Ahmed Tinubu for withholding assent to the proposed amendment of the Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) Act, saying the decision addressed concerns over possible overlaps in the statutory responsibilities of procurement-related professions.

He urged the Bureau, as the country’s procurement regulator, to continue safeguarding the statutory roles of established professional bodies while advancing reforms in Nigeria’s public procurement system. Visit www.jocomms.com for more news.