- Shettima said procurement reforms saved the Federal Government over ₦1.1 trillion in 2025
- He said the reforms have improved transparency, accountability and fiscal discipline
- The Vice President spoke at the 2026 Federal Permanent Secretaries Retreat in Akwa Ibom
Vice President Kashim Shettima has said reforms introduced into Nigeria’s public procurement system have generated significant financial gains, revealing that the Federal Government saved more than ₦1.1 trillion in 2025 through improved procurement practices.
Speaking on Friday at the opening of the 2026 Federal Permanent Secretaries Retreat in Ikot Ekpene, Akwa Ibom State, Eko Hot Blog gathered that Shettima said the ongoing overhaul of the procurement system had enhanced transparency, accountability and prudent management of public resources.
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The Vice President, represented by the Chairman of the Federal Civil Service Commission, Prof. Tunji Olaopa, described the reforms at the Bureau of Public Procurement (BPP) as one of the administration’s major institutional achievements.
He noted that the bureau had implemented 23 strategic initiatives aimed at promoting transparency, strengthening accountability and improving fiscal discipline across government institutions.
Shettima reaffirmed the Federal Government’s resolve to build a more transparent and accountable public service, stressing that effective procurement remains essential to good governance and sustainable national development.
The retreat, jointly organised by the Bureau of Public Procurement and the Office of the Head of the Civil Service of the Federation, is themed “Strengthening Procurement Leadership and Accountability for Effective Budget Execution and National Development.”
The programme serves as a strategic platform for senior public officials to improve procurement leadership, align implementation of the 2026 budget, and enhance coordination among Ministries, Departments and Agencies (MDAs) to support national development goals.
Participants at the retreat include permanent secretaries from federal ministries, the Accountant-General of the Federation, the Auditor-General for the Federation, members of the BPP executive management team and procurement directors from various MDAs.
According to the organisers, the forum is expected to reinforce ongoing procurement reforms, strengthen institutional capacity, tackle operational challenges and promote more efficient project delivery across the public sector.
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