The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), will lead the committee set up to review the 2007 Public Procurement Act.
Also on the committee are the Minister of Finance and Coordinating Minister of the Economy; Minister of Budget and Economic Planning; Director-General, Bureau of Public Procurement; Representative of the World Bank; Messrs KPMG Nigeria – (Technical Consultants); Permanent Secretary and Cabinet Affairs Office (Member/Secretary).
The committee has one month to complete the assignment, according to a statement on Thursday by the Director of Information, Office of the Secretary to the Government of the Federation, Segun Imohiosen.
Imohiosen said the SGF, George Akume, inaugurated the committee on Thursday in Abuja.
The statement quoted Akume as stating: “Having implemented the Public Procurement Act for over 15 years, this administration has seen the need to review and strengthen the provisions of the Act to make it more responsive to the needs of the people.
“The objective of this review is to ensure realistic procurement outcomes in the face of current economic realities and to enhance budget implementation and ease of doing business.”
He said the committee would undertake a holistic review of the Public Procurement Act 2007 by identifying key impediments militating against compliance with the Act.
