The Bureau of Public Procurement said on Thursday that its ongoing procurement overhaul trimmed more than N1.1 trillion off federal spending between 1 January and 31 December 2025.
It also cut the time it takes to approve government contracts, tightened penalties for errant contractors, and imposed stiffer sanctions on offending officials.
Director-General Adebowale Adedokun revealed the figures while defending the bureau’s proposed 2026 budget before the Senate Committee on Public Procurement. He asked senators for a larger allocation next year, arguing that reliable funding is essential for better service delivery and job creation.
Adedokun noted that the bureau received N4.032 billion in 2025 and warned that a meagre envelope would stall the anti-corruption drive—a flagship policy of President Bola Tinubu’s administration.
Earlier, committee chairman Senator Olajide Ipinsagba (Ondo North) called the bureau an engine of socio-economic progress and urged its managers to keep tightening the screws on waste. “We’ll back you,” he promised, “provided every naira we give you works for Nigerians.”
