Contracts below N5bn no longer need FEC approval – Tinubu

President Bola Ahmed has announced that contracts and procurement of goods and services valued below N5 billion will no longer require the approval of the Federal Executive Council. This was disclosed in a statement by the spokesperson of the Bureau of Public Procurement, Zira Nagga, on Thursday. The fresh procurement thresholds mean that ministries, departments, [...]Contracts below N5bn no longer need FEC approval – Tinubu

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