Musa, David Audu and Aderonmu, P. A (2016) Maximizing the Gains of Public Procurement Act for Improved Sustainable Practices in Nigeria. In: 56th Nigerian Architects’ AGM Conference, at Nike Lake Resort, Enugu, Enugu State , 23 Nov, 2016 - 26 Nov, 2016, Nike Lake Resort, Enugu, Enugu State.
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Abstract
Prior to the enactment of the Public Procurement Act, 2007, the Nigerian public procurement practice has been known to be unprofessional, inefficient and ineffective. This was premised on public expenditure management treasury circulars guidelines of 1958. This paper aimed to discuss the gains’ maximization and sustainable indices of the procurement act. It analyzed the modus operandi of this measure which brought into the economic landscape a myriad of short comings due to inadequacies of these guidelines. Against this background, the Obasanjo regime in 1999 commissioned the Country Procurement Assessment Report (CPAR)and its field report recommended the establishment of the Bureau of Price Monitoring and Intelligence Unit [BPMIU], among others. More so, its operations, the Procurement bill was sent to the National Assembly in 2003/2004. It was passed into Law on 30th May, 2007 and assented by the regime of late Alhaji Umaru Yaradua, on the 4th June, 2007. In all these, this Act has addressed little or no issues on sustainability ever since the Bureau for Public Procurement (BPP) has been the main driver. The results of the analysis of public procurement act yielded some maximized gains from sustainability indices ranging from environment, standardized norms, eco-friendly awareness, social, economic, innovation, circular, eco-products to health-related issues. It recommended a eurhythmic review of the current public procurement act by a rational juxtaposition process; of Nigerian public procurement act with developed nations’.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Acts, Gains, Procurement, Public, Sustainable |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Aderonke Olufunke Asaolu |
| Date Deposited: | 25 Aug 2017 21:35 |
| Last Modified: | 28 Aug 2017 05:52 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/8731 |
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