FEC approves $ 1.6 billion for anti-corruption e-procurement platform

Posted by on Oct 15, 2020, Under: News

FEC approves $ 1.6 billion for anti-corruption e-procurement platform

On Wednesday, the Federal Executive Council (FEC), chaired by President Muhammadu Bukhari, approved $ 1.6 billion to create an e-procurement platform to combat corruption in public procurement.

Mamman Ahmadou, CEO of the State Enterprise Authority, said the new platform would help root out corruption and improve the country’s procurement process.

He said: “BPP presented the e-government procurement memorandum today. E-procurement can improve the procurement process, eliminate corruption, and reduce flight times in the procurement process itself.

“There have been many complaints over the long time it takes to complete due process. By establishing this, we will shorten this time.

“It also removes subjectivity from the process. There have been many complaints about the subjectivity of the approval process, which will be considered exactly when it is finally launched, ”he said.

By Clever Advertising
According to him, this step by the government is in line with the current global trend.

“E-government procurement is a global trend and research from the World Bank found that countries that started using e-government procurement experienced exponential economic growth and stimulated ICT in those countries. country.

“This will minimize corruption as it will reduce the human factor in the process. The total cost is about $ 1.6 billion, ”he said.

Energy Minister Saleh Mamman, who also spoke to reporters about the outcome of the meeting, said the Council had approved Nigeria’s $ 2 million contribution to the West African Energy Pool (WAPP).

He expressed the hope that this contribution, in turn, will generate revenue for Nigeria to cushion the decline in oil revenues.

According to him, being an energy pool common to West African countries, it plays the role of coordination and synergy between countries, and also stimulates electricity supply in the region.

Mamman also said that regional energy pools would be of great help in the event of a failure of the national energy system of one of the member states.

“Pool is a synergy in the West African region. The decision was taken by ECOWAS, it concerns the production of electricity in the region in order to ensure a more constant and stable energy supply.

“It’s like a national network in Nigeria, so we will have a regional network. This means that in the event of bankruptcy in one country, another can integrate it. $ 2 million is a fee, ”he said.

In addition, shedding more light on the energy pool, Information and Culture Minister Lai Mohammed said that all ECOWAS countries have contributed annually to the transmission costs of the region since the inception of WAPP in 1999.

He said: “The West Africa energy pool is made up of all West African countries because each member country contributes annually to the cost of transferring energy through the pool. Because as a result, a problem in one country could inadvertently affect another country.

“This is a common pool, and each country has its own section, and our contribution this year is $ 2 million.

“It’s not that we are giving two million dollars to ECOWAS, we are just paying our contribution to the transfer from Nigeria to other West African countries, namely the visa.”

Source: – Guardian ng