HomeBusiness/EconomicsBPP Commits To Value For Money In Upstream Operations, Partners NUPRC

BPP Commits To Value For Money In Upstream Operations, Partners NUPRC

News Investigators/ Adebowale Adedokun, Director-General, Bureau of Public Procurement (BPP), has reiterated the bureau’s commitment to ensuring value for money in Nigeria’s upstream operations.

Mr Adedokun made this known in a statement in Abuja on Wednesday, by Zira Nagga, the agency’s Head of Press and Public Relations.

He spoke during a high-level strategic engagement and capacity-building session with the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja.

Mr Adedokun commended the Chief Executive Officer of NUPRC, Mrs Oritsemeyiwa Eyesan, for her leadership in stabilising the upstream petroleum sector.

He noted that the commission’s strategic oversight had been critical in preventing potential fuel scarcity challenges, especially amid the current global economic situation.

”The NUPRC is doing a commendable job for the common Nigerian,” he said.

The D-G however emphasised the importance of translating capacity-building efforts into measurable outcomes through strict compliance with the Public Procurement Act.

”The hours spent on this capacity building must be ‘paid for’ through faithful compliance with the act,” he said.

He assured that the bureau would provide the necessary procurement support to enable the commission deliver value to Nigerians both at home and in the diaspora.

Mr Adedokun further reaffirmed the BPP’s readiness to collaborate closely with the NUPRC in transitioning from traditional transactional procurement processes to a more transformative, technology-driven system.

According to him, the move is in line with the President’s vision of promoting transparency and efficiency in the energy sector.

NAN

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