The Bureau of Public Procurement (BPP) has said that the Nigeria Open Contracting Portal (NOCOPO) has enabled the federal government to save more than N173 billion between January and June 2025 by improving transparency and price intelligence in public procurement.
The Director-General of BPP, Dr. Adebowale Adedokun, disclosed this in Abuja on Monday during the signing of a Memorandum of Understanding (MoU) between the bureau and the National Agency for Science and Engineering Infrastructure (NASENI), as reported by the News Agency of Nigeria (NAN).
He explained that NOCOPO’s enhanced processes provided cost savings equivalent to $155 million and €1.7 million in the first half of the year, freeing up resources for critical projects such as schools, hospitals and support for small and medium-sized enterprises.