Written by Sarah NEGEDU

FG unveils portal to check fraud in procurement processes

As part of efforts to ensure transparency in the procurement process across government agencies, the Federal Government recently developed a new portal to harmonize prices of items to be acquired by MDAs.

The portal known as the price checker is part of the financial management reforms being implemented by government to ensure transparency in the procurement contracts.

The Head, Regulation and Database, Bureau of Public Procurement, Mr. Aliyu Aliyu, said the main objective of the platform is to build a sustainable system to access real-time information on the prices of goods.

Aliyu while speaking at a sensitization programme of procurement officers on e-procurement, said it would also be used to calculate the prices of goods against the budgeted price and control the prices stated in the budget across agencies of the government.

The event was organized by the Efficiency Unit of the Ministry of Finance in collaboration with the BPP.

He said the web-based platform was designed to allow vendors of non-customized goods upload their prices to allow for a more transparent procurement process.

“This is to ensure that governments at all levels do not spend money on excessively priced items. This way, we all have an idea what the prices are and when we publish procurement records, we can check if a Ministry, Department or Agency bought it for a price that was higher than what was posted on the portal.

“It is to bring about more transparency and bring the market closer to the people.”

He added that the portal became necessary following revelations that there was a serious disparity in prices of goods purchased by government agencies.

“It is a checker to determine prices and when you have finished your procurement, to know how much you finally purchased your items.

“It has a use at the beginning and at the end. So, when you look at it from the beginning to the end, it serves its purpose and it will still be used with the 2019 budget to check those things we will buy.”

He, however, said that it was within the BPP’s mandate to come up with various regulations and frameworks to guide the implementation of the portal.


Latest posts

PhotoIncreased food prices push inflation by 0.12 points

The increase in food prices witnessed in April 2019, has pushed inflation up by 0.12percent point higher than was recorded in March.

The Nat [...]

18 May 2019

PhotoFG to revive 50 textile firms by 2023

The federal government has set a four-year target within which to resuscitate the textile industry in the country.

Already the Central Bank [...]

18 May 2019