The House Committee on Public Procurement has frowned at the N58 million proposed for the Bureau of Public Procurement in the 2023 Appropriation Bill.
This comes on a day the ad hoc committee probing the joint venture Businesses and Production Sharing Contracts of the NNPC Limited insisted Heads of oil companies being investigated must appear before it.
Committees are still taking on agencies of the federal government over budget defence meetings.
Here, the management team of the Bureau of Public Procurement is before the House Committee on Procurement to explain how far it has gone with the current budget and the need for the next Fiscal year.
The Director General of the agency presents the expenditures for 2022 and says the budget proposal for next year is N58 million, an amount he describes as grossly inadequate.
The committee also agrees the figure is small and promises to liaise with the Appropriation committee to jerk it up.
Elsewhere, the ad hoc Committee probing the Governing lease of Federal Government owned assets has invited the EFCC, the BPP and other organisations over an unrecovered 6.5 billion Naira in the concession of Lagos International Trade Complex.
The ad Hoc Committee on Joint Venture Businesses and Production Sharing Contracts of the Nigerian National Petroleum Corporation Limited says it has discovered that virtually all the companies under probe engaged in illegal capital claims amounting to several billions of dollars.
The Bureau of Public Procurement which was established under the Presidency of Chief Olusegun Obasanjo to streamline procurement activities and processes in Government Ministries, Departments and Agencies.
It was known by many as the Due Process office and was initially headed by Mrs Oby Ezekwesili who later became a minister under the same administration.
The Agency has in the about two decades of its existence helped in reducing waste in government procurement process.
