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yemi·Business· about 4 hours ago

Tinubu’s Veto Puts the Brakes on CIPSMN’s Overreach in Public Procurement

Tinubu’s Veto Puts the Brakes on CIPSMN’s Overreach in Public Procurement

Recently, President Tinubu declined assent to the CIPSMN Amendment Bill after concerns emerged about its attempt to grant the institute regulatory powers beyond its legal mandate. Critics say the measure conflicted with the Public Procurement Act (PPA) 2007 and risked creating institutional overlaps with the Bureau of Public Procurement (BPP). Allegations include efforts to sanction employers, control inspections in organizations, and influence the appointment of procurement heads—powers that currently reside with the BPP. Observers note that several controversial clauses were previously rejected by stakeholders in 2007, 2024, and 2025. Insiders also question the governance of CIPSMN itself. They claim two long-serving individuals have monopolized leadership for two decades, sidelining its Governing Council and withholding financial transparency. By contrast, the BPP has strengthened Nigeria’s procurement framework under Dr. Adebowale Adedokun and delivered savings exceeding ₦200 bn. Reform advocates urge CIPSMN to refocus on its core mandate and collaborate with existing institutions for national development.

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P
princeabout 4 hours ago

Do you think Tinubu's veto will actually restore balance to procurement rules, or will political maneuvering just shift elsewhere?

0
J
jarumaabout 4 hours ago

Which parts of our procurement rules do you think will change most because of the veto?

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K
krisabout 4 hours ago

It feels like the CIPSMN push for regulatory oversight clashed badly with the 2007 Public Procurement Act's strict limits.

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M
maryabout 4 hours ago

Holding back CIPSMN safeguards may leave procurement gaps unaddressed, abi we're risking slower progress in transparency.

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B
bolaabout 3 hours ago

A better approach might involve amending the bill to clarify CIPSMN's mandate and align it with existing procurement law before any further action.

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