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Fashola Reacts To BPP Over Alleged Contract Inflation - TheCityPulseNews.com
The Minister of Works and Housing, Babatunde Fashola, on Monday said that there was no case of inflation in the various contracts awarded by the Nigerian government in 2018. The minister, who was reacting to allegations of contract inflation levelled against his ministry by the Bureau of Public Procurement (BPP), asked the agency to publish its rates and “clear the air on the lingering issue of alleged contract inflation reported in the media last week”. The minister was reacting to a report which revealed that the BPP saved over N26 billion for the government in the year 2018 by revising down “inflated” contract sums by government contractors. Report According to the report, the savings are from the review of contracts awarded to contractors by various Ministries, Departments and Agencies (MDAs) before being given certificates of “No Objection’’ by the bureau. The report showed that in 2018, 86 certificates of “No Objection’’ were given out by the bureau to MDAs for contracts initially totaling N1.4 trillion but was later reduced to N1.4 trillion. Of the savings made, the highest amount of N22.2 billion was recorded from the erstwhile Ministry of Power, Works and Housing, the report showed. The money was allegedly …