FG vows crackdown on inflated public contracts

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 arrangements for contractors and undermine Read More…

Morning recap: FG targets inflated contracts, INEC flags AI photos, other top stories

Make PUNCH part of your everyday experience.As a new week begins, PUNCH Online brings you some of the major stories making headlines across health, security, politics, metro and business.The Federal Government has warned heads of public institutions against inflated contracts and procurement violations, threatening sanctions...

FG Moves to Sanction Government Officials Over Inflated Contracts - NewsTmes.com.ng

The Federal Government has warned heads of government agencies, corporations, commissions and other publicly funded institutions against awarding inflated contracts, threatening sanctions for officials who violate procurement regulations. The government said it would no longer tolerate the practice of awarding contracts above approved price benchmarks, restricting competition through exclusive arrangements with contractors and ignoring establish…