FG vows crackdown on inflated public contracts
The Federal Government has vowed to crack down on inflated public contracts and procurement violations, warning heads of government-owned agencies, corporations, councils, authorities and commissions that they risk sanctions for breaching procurement regulations. The government raised the alarm over contract awards that exceed approved price benchmarks, restricted competition through exclusive…
The Federal Government has pledged to take action against inflated public contracts and procurement violations. Senior government officials have been warned of potential sanctions for breaching procurement regulations. The government has expressed concern over contracts awarded at prices exceeding approved benchmarks, restricted competition through exclusive arrangements, and inadequate regulatory oversight.
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