Global Procurement Standards: Benchmarking Against OECD & World Bank Frameworks
In Nigeria specifically, the Bureau for Public Procurement has acknowledged that procurement irregularities account for a disproportionate share of the country’s annual fiscal leakage, a reality that the Auditor-General’s reports have consistently corroborated. Beyond corruption, systemic inefficiencies like, poor planning, weak contract management, absence of competitive markets and misalignment with global standards, compound the loss […]
