Authority, Bureau Partner On Public Procurement

The Equipment Leasing Registration Authority (ELRA) and the Bureau of Public Procurement (BPP) person signed a Memorandum of Understanding (MoU) to incorporated leasing into Nigeria’s nationalist procurement framework, aimed astatine enhancing transparency, ratio and fiscal work successful authorities operations.

In a connection from ELRA’s caput of Media and Corporate Communication, Adebola Brookslyn Sunday, the registrar/CEO of ELRA, Donald Wokoma, hailed the concern arsenic “a caller section successful Nigeria’s nationalist procurement framework, promoting transparency, efficiency, and fiscal prudence.”

The MoU outlines a collaborative attack wherever ELRA and BPP will: Develop wide argumentation guidelines and modular documents for lease-based procurement; bid procurement officers successful Ministries, Departments, and Agencies (MDAs); integrate ELRA’s registration strategy into the procurement workflow to heighten accountability and aviator leasing projects successful cardinal sectors, including health, education, transport, agriculture, and ICT.

Wokoma expressed gratitude to BPP’s director-general and his squad for their imaginativeness and collaboration, emphasising ELRA’s committedness to ensuring that each lease transaction nether this concern adds measurable worth to nationalist development.

He noted that the collaboration would alleviate fiscal unit connected authorities budgets, heighten work delivery, and amended plus management, aligning with the Renewed Hope Agenda for Nigeria’s economical diversification and sustainable growth.

Dr Adebowale Adedokun, director-general of BPP, praised ELRA for initiating the concern and reiterated BPP’s purpose to make a procurement strategy reflecting planetary champion practices.

“This MoU is timely and strategic. Leasing offers a viable alternate financing mechanics that supports work transportation portion safeguarding nationalist resources. By collaborating with ELRA, we guarantee that leasing transactions successful the nationalist assemblage are transparent and supply existent worth for money,” helium said.