The Edo State Procurement Agency has said any contract awarded by Ministries, Departments and Agencies, MDAs, without the approval of the tenders board will attract two years jail or a fine of not less than N2 million.
The Managing Director/Chief Executive Officer of the agency, Henry Idogun, disclosed this during the training of members of the Edo State House of Assembly Standing Committee on Tenders Board, other members of the house and some staff on the state public procurement legal framework. Idogun, who told the lawmakers that the provisions of public procurement law applied to all public bodies in the state including the legislature, noted that public procurement was critical for national development.
While taking the lawmakers through the overview of the state public procurement legal framework, he opined that the hallmark of an effective public procurement system was fairness, reliability, economy, efficiency, transparency, accountability and ethical standard.
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