Tinubu overhauls public procurement thresholds, FEC to approve contracts from N5 billion

Tinubu overhauls public procurement thresholds, FEC to approve contracts from N5 billion

Tinubu Reforms Nigeria’s Procurement Thresholds, FEC Approvals Start at N5 Billion Abuja, May 16, 2025 — President Bola Ahmed Tinubu has approved a major overhaul of Nigeria’s public procurement thresholds, streamlining the contracting process for federal Ministries, Departments, and Agencies (MDAs). The reform, announced by the Bureau of Public Procurement (BPP) on Thursday, mandates that … Read more