Senate Calls for Greater Transparency as BPP Proposes ₦32.1 Billion 2026 Budget, Reports ₦3.3 Trillion Savings

The Senate Committee on Public Procurement has urged the Bureau of Public Procurement (BPP) to maintain high standards of transparency and accountability following the agency’s presentation of its ₦32.1 billion budget proposal for 2026.

Chairman of the committee, Senator Olajide Ipinsagba, emphasized that transparent procurement processes are vital to ensuring value for money, building public trust, and strengthening government expenditure oversight.

Presenting the budget, BPP Director-General Adebowale Adedokun highlighted reforms introduced under his leadership, including the implementation of community-based procurement systems and frameworks at the state and local government levels. These reforms, he said, have improved economic participation and positively impacted Nigeria’s Gross Domestic Product.

Dr. Adedokun also revealed that the agency saved ₦3.3 trillion in the 2025 fiscal year through its regulatory oversight, demonstrating its critical role in minimizing financial leakages and ensuring efficient public spending. He announced plans to propose amendments to the Public Procurement Act by 2027, including measures to upgrade and classify contractors, ensuring that only qualified firms execute government projects.

On budget performance, Dr. Adedokun disclosed that while the BPP’s 2025 budget was ₦4.032 billion, only 30 percent of the allocation was released, limiting the implementation of key initiatives. The proposed 2026 budget will support expanding responsibilities, including the digital transformation of procurement processes, with all submissions now to be processed electronically to enhance efficiency, transparency, and service delivery.

The Senate committee commended the agency for its achievements but reiterated the need for continued accountability and prudent management of public funds.

This budget defence is part of the National Assembly’s ongoing review of budget proposals from ministries, departments, and agencies for the 2026 fiscal year.