TMSG: ₦1.1Trn Procurement Savings Major Boost To Tinubu’s Infrastructure Drive
By Sunday Etuka
A pro-government group has credited the Tinubu administration’s procurement reforms for the Federal Government’s recent infrastructure gains, following Vice President Kashim Shettima’s disclosure that the reforms saved Nigeria more than ₦1.1 trillion in 2025.
The Tinubu Media Support Group (TMSG), in a statement on Thursday by its Chairman, Emeka Nwankpa, and Secretary, Dapo Okubanjo, asserted that the administration’s procurement reforms also made the process of contract awards faster and less cumbersome, easing the burden of doing business in line with global best practices.
The group noted that the ₦1.1 trillion figure, by its reckoning, exceeds the cumulative procurement savings recorded between 2007 and 2024, and argued that every naira saved frees up resources for roads, schools and agricultural programmes.
It said the Public Procurement Act was signed into law in June 2007 by the late President Umaru Yar Adua to formalise due process in federal government’s procurement process but over the years, there have been some agitation for reforms because of the delay in completion of projects as a result of the slow pace of procurement process.
“So, it was not surprising that the President Bola Tinubu administration embarked on a major comprehensive reform of the Procurement framework in 2024 to decentralise the process and also enforce accountability in the Ministries, Departments and Agencies (MDAs),” the group. “It later emerged from the Bureau of Public Procurement (BPP) that no fewer than 23 procurement reforms were introduced by the Tinubu administration within a year.
It noted that rather than sustain the practice of the Federal Executive Council (FEC) being a one-stop shop for all federal government contract awards, the Tinubu administration made it possible for individual cabinet members and their tender boards to award big contracts once the necessary conditions are met.
Consequently, it said contracts below N5 billion for goods and services and N10 billion for works are being handled by ministerial tender boards instead of the Federal Executive Council.
The group also gave insight into some of the reforms introduced by the President Tinubu administration into the public procurement process.
“Some of the major indicators of the Tinubu reform in the procurement process are shorter contract approval timelines, digital submission of procurement plans, and more stringent sanctions on contractors and erring government officials.
“There is also the Nigeria First policy, introduced by the administration through an Executive Order which prioritises preference for locally produced goods and services as well as local contractors.
“It is against this backdrop that we situate the N1.1 trillion savings from the procurement reforms and from the data at our disposal, the figure is larger than the cumulative savings from the procurement process in 17 years (2007 to 2024),” TMSG added.
The group commended the Director General of the Bureau of Public Procurement (BPP), Dr Adebowale Adedokun for delivering on the mandate handed him on assuming office and urged him to continually ensure full compliance with the Bola Tinubu administration’s procurement reform framework.
