Minister, Babatunde Fashola has Proposed the Amendment Of Procurement Act. He made the recommendation on Thursday while defending the ministry’s 2021 budget at the House of Representatives Committee on Works in Abuja.
Fashola said that unless the act was amended, the Executive Order 5, issued by the President would not be achieved. “If you go through the procurement law as it currently is, the truth is that, only a certain type of contractors can bid for certain projects, that is just the law. If you go through the law and the threshold that has been set, only certain class of contractors based on their turnovers; otherwise, they will not pass the technical and financial evaluation," he added.
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