PRESIDENT Bola Tinubu has requested for a reassessment of all planned procurements by government ministries, departments, and agencies, with a focus on major projects within the Ministry of Works in order to improve budget implementation.
This decision was made during the Federal Executive Council (FEC) meeting held at the State House in Abuja yesterday.
FEC also called for revisions to the legislation governing the National Council on Procurement to enhance its effectiveness.
The Information Minister, Mohammed Idris, speaking to reporters after the meeting, stated that the President has ordered a thorough review of projects requiring additional funding, particularly major projects of the Ministry of Works, for further discussion at the next council meeting.
Many of these projects, such as various road constructions, were inherited from previous administrations and are not part of newly approved infrastructure initiatives like the Lagos-Calabar Highway.
The Attorney General of the Federation, Lateef Fagbemi, emphasized the importance of a robust Procurement Act to improve performance in infrastructural development, prevent corruption, and address the issue of abandoned projects.
