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Nigeria warns public institutions over inflated contracts

Federal accounting officers have been warned to follow procurement rules or face sanctions.

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Nigeria warns public institutions over inflated contracts
George Akume, pictured in Punch’s report. · Photo: Punch

Punch reports that Secretary to the Government of the Federation George Akume issued a circular addressing inflated prices, limited competition and weak oversight. The directive places responsibility on the heads of affected institutions to comply with procurement requirements and seek regulatory guidance.

Source & context

This report is a summary prepared by Sky ABC Radio. Information may develop after publication.

Read the original reporting at Punch ↗