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Macroeconomy
BPP blocks inflated contracts, saves FG N1.4trn in 18 months
Vanguard
Aug 21, 2026 · 15:56 WAT
The Bureau of Public Procurement says its reforms blocked inflated contracts and saved the Federal Government ₦1.4 trillion over 18 months. The agency said contractors are now required to consult its price benchmarks before submitting bids, reinforcing procurement oversight and fiscal cost controls.