The Lagos State Government has activated its Public Procurement Agency’s website and unveiled its Procurement Journal.
The move, it said, was aimed at enhancing transparency, efficiency, accountability and value for money in the area of public procurement and asset disposal through the enactment of the Public Procurement Law, 2011 and the establishment of the requisite agency.
Governor Babatunde Fashola said this in Lagos on Thursday at the formal unveiling of the Lagos State Public Procurement Agency.
The governor reiterated the commitment of the government to attaining the policy thrust, which is, poverty eradication and sustainable economic growth through infrastructural renewal and development.
He stressed that the Lagos State Public Procurement Law, 2011, was enacted as part of a broad public sector reform process undertaken by the administration to improve efficiency in the conduct of government business and delivery of service to the citizenry.
The governor, who was represented by the Commissioner for Science and Technology, Mr. Adebiyi Mabadeje, said the Procurement Journal was a one-stop-shop which would advertise contract opportunities by the publication of invitation for bids and expressions of interest for contracts within the open competitive threshold.
He further stated that the details of contracts awarded by government would also be published periodically in the Journal, making the whole system much more transparent.
Earlier, in his welcome address, the General Manager /Chief Executive Officer, Lagos State Public Procurement Agency, Mr. Akin Onimole, stated that The Public Procurement Reform was a fundamental aspect of the state’s Governance and Public Finance Management Reform System.