Senate President, Godswill Akpabio, has called on President Bola Ahmed Tinubu to submit an amendment bill on the Bureau of Public Procurement Act.
Akpabio said there’s a need to amend the act in order to enhance proper budgeting for projects in the country.
He disclosed that more than 14,000 projects are currently abandoned across the country due to “flawed budgeting.”
Akpabio spoke in Lagos during the inauguration of the 700km Lagos-Calabar N15trn highway project.
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He said “A few days ago we were debating and we came to the conclusion that we must go ahead to amend the BPP Act.
“A situation where you want to construct a road of N500bn and you start by putting N2billion this year, it means you will finish the job in 50 years.
“So, we must be in a position to budget in a way that we also look at the tenure of presidency and that of the federal government otherwise, most of the reasons why we have over 14,000 projects in Nigeria is because of budgeting.
“The budgeting process is totally flawed. So, Mr President, the executive must bring an amendment bill of the BPP Act so that we amend it and ensure that every project you start will be completed in record time with five years from today.
“That’s our commitment.”
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