Bureau of Public Procurement
NNPC selects 26 firms to lift Nigeria’s crude oil
The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...
Official: Nigerian government to establish central database for forfeited assets
The Federal Government’s inter-ministerial committee on assets disposal said Tuesday that it would create a central database of assets for finally forfeited assets. The chairman of the committee, Dayo Apata, said this during a courtesy visit of the committee to the headquarters of the Economic and Financial Crimes Commission (EFCC) in Abuja. Mr Apata, who is the Solicitor-General of the Federation and Permanent Secretary, Ministry of Justice, said: “the committee will create a central database of assets that had been forfeited to the Federal Government to ensure the Federal Government gets value for all the forfeited assets”. “Introducing uniform process of assets disposal, and avoiding wastages, so that the Federal Government can have the full benefit of what has been forfeited,” a statem...
ICPC: How Kwara top shots hijacked public solar street lights for their residences
The Independent Corrupt Practices and other Related Offences Commission has ordered the relocation of solar street lights from private residents in Ilorin, Kwara State. Newsmen reports that ICPC uncovered the sighting of solar street lights in private residents of some highly placed individuals in Ilorin. Newsmen report that ICPC is tracking over 250 projects worth N4.1 billion in its second phase of constituency and executive projects executed between 2015 and 2019 across the state. Aminu Bala, the Team Leader of the constituency projects tracking operatives of ICPC, told newsmen on Monday that the anomalies were discovered in the highbrow Agric Settlement along Old Jebba Road and Oloje Federal Housing Estate, Ilorin. The solar street lights, according to the ICPC tracking operatives, are...
