PUBLIC procurement is the use of public funds by the government through its ministries, departments and agencies, on behalf of its citizens, for the acquisition of goods, services and works with the best quality, and/or right quantity, at the best possible price, from the right place or source (contractors, suppliers and service providers), and for the right purpose using the best method(s) and in line with laid down rules and regulations, following due proces.
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‘Private, public partnership key to bridging housing gap
Long-term public-private partnerships can ease Nigeria’s housing crisis, the Founder/Chief Executive Officer(CEO) of Nedcomoaks Limited, a real estate company, Dr. Kennedy Okonkwo, has said. Okonkwo said the partnerships between private and public sector was key to improving housing gap in Nigeria. He underscored the power of collaboration in the housing sector and urged the governmentRead More …
Man Arrested For Smoking In Public In Kaduna Gets 12 Strokes Of Cane
ICAN push for better public fund management
THE Institute of Chartered Accountants of Nigeria (ICAN) is pushing for the adoption of the Accountability Index (AI) by the three tiers of government to enhance prudent management or public finance. Making the presentation to […]
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400 public servants under investigation over ownership of suspicious property in Abuja ―Panel
A Presidential Panel has revealed that over 400 names of past and present public servants linked to ownership of suspicious property in Maitama district of the Federal Capital Territory are under investigation. Special Assistant to […]
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Vast majority of public, private drivers in Nigeria can’t read, write; Senate laments
THE Senate Tuesday condemned in very strong terms, the level of illiteracy among private and public drivers, saying that a vast majority of drivers employed to drive in official capacity either in public or private sector in Nigeria cannot read and write.
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MFBs need higher capital base to enhance public confidence — Bosak MfB
Head of Recovery, Bosak Microfinance Bank Limited, Mr. Charles Onwuchekwa, in this interview said that the proposed increase in the capital base of MFBs is overdue and will enhance public confidence in the MFB segment.
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