Minister of Finance Kemi Adeosun has ordered the immediate cancellation of the tendering process for the engagement of pre-shipment inspection and monitoring agents for oil and gas.
A statement from her media aide, Mashall Gundu, said the decision was necessitated by the receipt of numerous complaints and a petition regarding alleged irregularities in the process.
In June, President Muhammadu Buhari mandated the finance ministry under the then permanent secretary, Mrs. Anastasia Nwaobia, to commence the process of engaging pre-shipment inspection and monitoring agents.
Upon the approval of the Bureau of Public Procurement, a selective tendering process was initiated under which 65 companies were selected and invited to bid.
Adeosun said: "The sheer volume of complaints and the wide range of sources they emanated from had raised a sufficient level of concern around the process to warrant a full cancellation rather than a suspension."
She said: "this administration stands for transparency and accountability and it is therefore important that all procurement and tendering exercises must be undertaken in accordance with best practices."
A statement from her media aide, Mashall Gundu, said the decision was necessitated by the receipt of numerous complaints and a petition regarding alleged irregularities in the process.
In June, President Muhammadu Buhari mandated the finance ministry under the then permanent secretary, Mrs. Anastasia Nwaobia, to commence the process of engaging pre-shipment inspection and monitoring agents.
Upon the approval of the Bureau of Public Procurement, a selective tendering process was initiated under which 65 companies were selected and invited to bid.
Adeosun said: "The sheer volume of complaints and the wide range of sources they emanated from had raised a sufficient level of concern around the process to warrant a full cancellation rather than a suspension."
She said: "this administration stands for transparency and accountability and it is therefore important that all procurement and tendering exercises must be undertaken in accordance with best practices."
Source: All Africa News

No comments:
Post a Comment