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BPP Indicts CBN, Power Ministry, SGF For Padding Budgets - Politics - Nairaland

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BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by dabeto: 10:55am On Jul 19, 2017
Abuja – The Bureau of Public Procurement (BPP) on Tuesday blamed the ministries of Power, Petroleum, Office of the Secretary to the Government of the Federation (SGF), Central Bank of Nigeria (CBN) and 19 others for over budgeting, untidy preparation and poor implementation of the budget.

This followed a painstaking review of contract awards by ministries, departments and agencies (MDAs) of government that has saved Nigeria N32 billion in 2016 alone, BPP said.

These were contained in a report released to journalists on Tuesday by BPP.

The report, which some highly placed BPP staff said was watered down, did not indirectly indict the MDAs of corruption but it nevertheless showed the untidy ways MDAs prepare and implement their budgets in unrealistic manner, leaving room for embezzlement.
The report noted that 23 MDAs requested for N2.71 trillion for various projects while BPP certified and approved N2.68 trillion.

According to the report, the highest saving came from the Ministry of Power amounting to N224 billion.
The report, however, failed to point out why such a huge sum was left unspent but it was indicated that some of the projects that were tucked in were not realistic and thus un-executable.

It explained that the Ministry of Power requested for N1.929 trillion meanwhile it only awarded contracts worth N1.907 trillion.

The second highest saving was recorded in the often less budget monitored SGF Office. It saved N5.7 billion from the SGF Office from an initial request of N32.3 billion, indicating that N26.6 billion was awarded for its projects.

Also, Ministry of Petroleum requested for N19 billion but BPP granted approval of N18.6 billion. It thus saved N1.39 billion.

The Ministry of Transport requested for N555.3 billion while BPP granted N554.5 and saved N818.7 million.
About N72 million was also saved from the Central Bank of Nigeria (CBN) from an initial request of N6 billion.
The agency which was established in 2007 to ensure transparency, competition and quality in the nation’s public sector procurement process pointed out that no savings were made from the ministries of Science and Technology; Youth and Sport; Communication Technology and the Economic and Financial Crimes Commission (EFCC) as they all got what they requested for.

In explaining how MDAs that got their 100% request did it, BPP explained that Science and Technology requested for and awarded contracts worth N580 million; Youth and Sports, N1.1 billion; Communication Technology, N101.1 billion and EFCC, N311 million.
According to the report, BPP received 374 complaints from petitioners in 2016 and was able to close 260 while investigations were still ongoing for 114 cases.
According to it, the petitions were treated to achieve value for money to the Federal Government by ensuring full compliance with the Public Procurement Act (PPA) 2007.

The BPP which regulates policies guiding how MDAs award contracts and review the process of procurement further noted that it issued 227 certificates of ‘No Objection’ to MDAs at the values stated.

http://independent.ng/bpp-indicts-cbn-power-ministry-sgf-for-padding-budgets/

1 Like 1 Share

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by three: 10:58am On Jul 19, 2017
Authority Stealing

Why should one hope in a country where a Fashola can appropriate Billions of Naira (as he did in Lagos) and no one complains yet if it's someone else the whole of Social Media in Nigeria will be agog?

Why are we like this? We justify our man's stealing but attack another?

If Fashola is a Saint then Ibori is a Hero. If Fashola is a super minister then Saraki is a Credible Senate President

When we support 'our thief' do we not see that there is justification for others to support their's?

Nigeria WILL NOT get better this way. Where some people think it can be good for only them and everyone else can go to blazes.

28 Likes 5 Shares

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by davidodiba(m): 10:59am On Jul 19, 2017
Padders everywhere

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Kondomatic(m): 11:00am On Jul 19, 2017
More reason why hell must exist

4 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Ehiscotch(m): 11:22am On Jul 19, 2017
And we have a Ministry for Budget planning.
Well. The funds were returned rather than embezzled but there should be accurate framework for expenditure in order to prevent such happenings.

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CharlotteFlair: 12:10pm On Jul 19, 2017
Ehiscotch:
And we have a Ministry for Budget planning.
Well. The funds were returned rather than embezzled but there should be accurate framework for expenditure in order to prevent such happenings.
The original intention was to embezzle it but for the cat and mouse relationship between the executive and legislature. No doubt, they would have invoiced a major part of it, the little returned was because they could not tie it to something untraceable. Fashola is a smart thief, they should always scrutinize his budgets very well and cut down any bogus demands.

10 Likes 2 Shares

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Nobody: 12:16pm On Jul 19, 2017
Amazing cheesy

"It explained that the Ministry of Power requested for N1.929 trillion meanwhile it only awarded contracts worth N1.907 trillion."

- Where is the balance of N22billion? ...lalasticlala ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh shocked shocked shocked

This report is fraud!

- I think the Senate should investigate this agency of government called BPP sad sad sad

2 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by AngelicBeing: 12:22pm On Jul 19, 2017
Keneking:
Amazing cheesy

"It explained that the Ministry of Power requested for N1.929 trillion meanwhile it only awarded contracts worth N1.907 trillion."

- Where is the balance of N22billion? ...lalasticlala ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh shocked shocked shocked

This report is fraud!

- I think the Senate should investigate this agency of government called BPP sad sad sad
After investigation, all the culprits should be given 80million lashes of koboko tongue

3 Likes 1 Share

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by brainpulse: 1:14pm On Jul 19, 2017
sad
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by ammyluv2002(f): 1:14pm On Jul 19, 2017
Sad. ..really sad sad sad
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by theophorus(m): 1:14pm On Jul 19, 2017
Welcome to Nigeria.


where everyone is looking to reap more than their Harvest. including religious leaders.

Just imagining what Nigeria will be like in the next 10 years.

#justwishtheworldendsnow.

3 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Nobody: 1:15pm On Jul 19, 2017
Chei. Naija
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by magoo10(m): 1:15pm On Jul 19, 2017
The Efcc has a lot of job fishing out corrupt elements in these institutions, but because the Nigerian govt decide to build strong men rather than strong institutions, the fight against corruption will continue to be a mirage. what we have is political officials everywhere.
there is little hope for Nigeria.

2 Likes 1 Share

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CROWNWEALTH019(m): 1:16pm On Jul 19, 2017
Sarrki no go come when you need am

2 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Atiku2019: 1:16pm On Jul 19, 2017
2019 Why art thou far away? cry

Change Indeed cry

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by gseun53(m): 1:16pm On Jul 19, 2017
what a country

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by pauljumbo: 1:17pm On Jul 19, 2017
The first government in the history of Nigeria where president appointee fight themselves in the open.

Just a proof of no leader in aso rock

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by ELKHALIFAISIS(m): 1:17pm On Jul 19, 2017
why are telling us Nigeria is their own. the 93years coma induced Fulani vegetable is in London mortuary languishing .... if they like let them sell Nigeria I don't give a fvck
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CROWNWEALTH019(m): 1:17pm On Jul 19, 2017
CharlotteFlair:
The original intention was to embezzle it but for the cat and mouse relationship between the executive and legislature. No doubt, they would have invoiced a major part of it, the little returned was because they could not tie it to something untraceable. Fashola is a smart thief, they should always scrutinize his budgets very well and cut down any bogus demands.
Do you have sarrki personal number ?? He needs to come defend this administration

3 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Brendaniel: 1:18pm On Jul 19, 2017
Hmmm
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by loadedvibes: 1:18pm On Jul 19, 2017
What is budget padding nobody explained this

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Nobody: 1:19pm On Jul 19, 2017
CROWNWEALTH019:

Do you have sarrki personal number ?? He needs to come defend this administration

3 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Openedheavens: 1:21pm On Jul 19, 2017
Keneking:
Amazing cheesy

"It explained that the Ministry of Power requested for N1.929 trillion meanwhile it only awarded contracts worth N1.907 trillion."

- Where is the balance of N22billion? ...lalasticlala ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh shocked shocked shocked

This report is fraud!

- I think the Senate should investigate this agency of government called BPP sad sad sad

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by okeamuboy: 1:24pm On Jul 19, 2017
Pls, try to read and understand this things. This whole issue is bound to happen when projects are inserted at the legislative end into without needed planning. Remember we are still having the same problem now, the back and forth between fashola and the house about projects inserted into the budget. Roads that have no design, who do you think will implement those projects. So the end of the day, the whole story would be poor budget implementation.
CharlotteFlair:
The original intention was to embezzle it but for the cat and mouse relationship between the executive and legislature. No doubt, they would have invoiced a major part of it, the little returned was because they could not tie it to something untraceable. Fashola is a smart thief, they should always scrutinize his budgets very well and cut down any bogus demands.

4 Likes 1 Share

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by JJBROS(m): 1:25pm On Jul 19, 2017
Nigeria and corruption na 50/50
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by saintcasmir(m): 1:25pm On Jul 19, 2017
In 9ice voice;

Padding padding, ki 'mi sa ti lowo.

Copyright: Padding Association of Nigeria (PAN)

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by ozimec(m): 1:33pm On Jul 19, 2017
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by oakslid: 1:36pm On Jul 19, 2017
In explaining how MDAs that got their 100% request did it, BPP explained that Science and Technology requested for and awarded contracts worth N580 million; Youth and Sports, N1.1 billion; Communication Technology, N101.1 billion and EFCC, N311 million

Now tell me how a nation with serious intentions awards 580 million for science and technology while 1.1 billion goes for sport and 101 billion for communication technology. Moreover, isn't communication technology suppose to b an offshoot of science and technology. We keep doing the same thing over and over again, expecting different results.

2 Likes

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by Agimor(m): 1:37pm On Jul 19, 2017
Bubu fight against corruption is as good as nothing. This is massive corruption under bubu nose.
Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CharlotteFlair: 1:39pm On Jul 19, 2017
okeamuboy:
Pls, try to read and understand this things. This whole issue is bound to happen when projects are inserted at the legislative end into without needed planning. Remember we are still having the same problem now, the back and forth between fashola and the house about projects inserted into the budget. Roads that have no design, who do you think will implement those projects. So the end of the day, the whole story would be poor budget implementation.
Your submission have no correlation to the matter. Read the post carefully this time.

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CharlotteFlair: 1:42pm On Jul 19, 2017
CROWNWEALTH019:

Do you have sarrki personal number ?? He needs to come defend this administration
Unfortunately I don't have sarrki's personal number. But just press his mumu button and the zombie go show one time.

1 Like

Re: BPP Indicts CBN, Power Ministry, SGF For Padding Budgets by CROWNWEALTH019(m): 1:42pm On Jul 19, 2017
CharlotteFlair:
Unfortunately I don't have sarrki's personal number. But just press his mumu button and the zombie go show one time.
I doubt, this news no favour them so they won't come out

1 Like

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