Nigeria’s newly introduced public procurement reforms saved the country more than ₦1.1 trillion ($680m) in 2025, providing a major boost to national infrastructure development.
The Tinubu Media Support Group (TMSG) hailed the milestone, pointing out that the savings exceed the cumulative procurement savings recorded by the federal government over the last 17 years combined.
The development was initially disclosed by Vice-President Kashim Shettima, who attributed the breakthrough to 23 strategic initiatives designed by the Bureau of Public Procurement (BPP) under Adebowale Adedokun to block leakages and enforce strict budget evaluations.
Decentralising approvals
The group argued that besides saving vast sums of public money, the changes have cut red tape by adjusting financial approval thresholds:
- Goods and Services: Ministerial tender boards can now independently approve contracts worth up to ₦5 billion without seeking cabinet approval.
- Works and Infrastructure: Individual ministries can award contracts worth up to ₦10 billion.
Previously, the weekly Federal Executive Council (FEC) meetings acted as a bottleneck for all major contract approvals, slowing down infrastructure delivery.
Local focus and accountability
The TMSG also highlighted the impact of the “Nigeria First” policy, which prioritises local contractors and locally produced goods during public bidding.
Combined with shorter approval timelines and digital integration, the group stressed that every naira saved is now being redirected into constructing roads, equipping schools, and funding agricultural interventions.
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