procurement act

Major Decisions From Tinubu’s FEC Meeting On Wednesday

Jul 11, 2024. by Praise Ben

Tinubu presided over the FEC meeting, where eight new permanent secretaries were sworn in, and key issues such as the Procurement Act, Samoa Agreement, and the establishment of a University of Technology in Abuja were discussed. President Bola Tinubu on Wednesday, July 10, presided over the Federal Executive Council (FEC) meeting at the Aso Rock … Read more

Amendment Of Procurement Act: Senate Raises Mobilization Fee To 30 Percent

Dec 5, 2019. by Ekohot Editor

Insecurity: Senate Moves To Decentralise Police

The Nigerian Senate has increased the mobilization fee for loacal contractors to 30 percent following an amendment of the Procurement Act. The Senate raised the mobilization fee from 10 percent to 30 percent for local contractors and agreed that it should be processed within two weeks while the certificate must be issued within four days. … Read more