By Destiny Eseaga
EXPERTS in the supply chain management sector at a one day event organised by the Chartered Institute of Procurement and Supply, CIPS, in Lagos, have identified ways Nigeria can improve on her poor contract performance.
The experts noted that poor monitoring, corruption, inconsistent government policies and bloated bureaucracy among others, are some of the factors affecting contract performance in the country.
With the theme: “The Strategic Role of Procurement and Supply Chain in the Nigerian Economy,” the experts suggested that a transformative leadership at all tiers of government, realigned budget planning, embedded ethics and compliance and a fully operational Public Procurement Act (2007), particularly the establishment of National Council on Public Procurement would help block leakages, improve contract performance and create maximum impact on the economy among others.
Senior Procurement Manager, Wells and Projects, Shell Petroleum and Development Corporation, Port Harcourt, River State, Mr. Arinze Oduah, revealed that “structural constraints, aside Nigeria’s economic growth, is hampered by a massive infrastructural deficit and closing the gap required shrewd capital expenditure over a long term.”
“Good governance, end-to-end supply chain management, technology and capacity building would improve Procurement process, prevent leakages and save money for governments and corporate organizations,” he noted.
“Government should make Procurement Plans mandatory for MDAs underpinned by sanctions and set and publicized cost savings aspirations with matching incentives. Expand BPP’s oversight from due process to end-to-end supply chain management and strengthened to influence State and Local governments through compelling outcomes and positive examples.” He said.
Other speakers includes Engr. Olubusola Ogunbanwo, General Manager, Supply Chain Management at Seplat Petroleum; Mr. Olukayode Pitan, MD/CEO, Bank of Industry, represented by the Head Strategy and Corporate transformation, Yinka Adegboye, among many others.