₦airaland Forum

The recently constituted Efficiency Unit in the Federal Ministry of Finance has stated that it aims at saving for the federal government some N12 billion annually by driving efficiency on government procurement processes.

The Head, Efficiency Unit, Patience Oniha, disclosed this in Abuja on Wednesday, February 3,at an interactive session with the press.

Oniha said the N12 billion would be saved when government adopts a procurement regime where it would purchase most of its items in bulk and enjoy some discount from contractors like is been done in the private.

She explained that “the current overhead for the Federal Government is about N400 billion. So if the FG can achieve 5 percent discount on just 60 percent (N240 billion) of that amount in procurement, N12 billion will be saved.

“Government can be a bigger purchaser of items rather than buying items in piece meal,” she said.

http://www.financialwatchngr.com/2016/02/04/fg-to-save-n12billion-from-unwanted-overhead-costs/

Save which 12b? Have you seen the budget, over 1 trillion is careful arranged as yams.
The budget is a barn of yam for APC and their cronies.

Save 12b my fair as*

pure lies

Pessimists and sceptists above.

DropShot:
Pessimists and sceptists above.

This is what you call SMART govt. N12B is a lot of money, it is enough to run a poverty alleviation programme

DropShot:
Pessimists and sceptists above.

I'm very sure you have not gone through the budget or you have decided to ignore the open robbery of our common wealth. So much for a change government.

It is for people like you they release such lies.

Even Omojuwa, APC's lapdog is wailing about the fraud called budget.

https://www.nairaland.com/2910785/wailing-wailers-buharists-disgraceful-2016

Theives forming they want to save some money.

Whaooooo overhead cost.

TechWalker007:
I'm very sure you have not gone through the budget or you have decided to ignore the open robbery of our common wealth. So much for a change government.

It is for people like you they release such lies.

The budget has not become a living document. Part of t y e reasons the NASS exists is to perform oversight functions on the budget so that unwanted and unnecessary allocations are removed.

So, don't die before death comes knocking.

DropShot:
The budget has not become a living document. Part of t y e reasons the NASS exists is to perform oversight functions on the budget so that unwanted and unnecessary allocations are removed.

So, don't die before death comes knocking.

The budget is a statement of intent. NASS is only there to ensure they don't succeed in the attempt to loot our common wealth. Except that I hardly trust the NASS guys. They're also corrupt like Buhari and company.

Good.