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\nCROSS SECTIONS OF SOME OF THE PARTICIPANTS AT THE ROUNDTABLE DISCUSSION<\/strong><\/em><\/p>\n
The Director-General of the Lagos State Public Procurement Agency, Mr. Fatai Idowu Onafowote, has pointed out that regular engagement by the Agency with stakeholders would ensure a better understanding and synergy in the procurement process and facilitate project delivery to the citizenry at a faster rate.
\nMr. Onafowote stated this while welcoming participants to the roundtable discussion organised by the Agency to resolve observed divergent views and policies among Ministries, Departments and Agencies involved in the fiscal aspect of the procurement process flow.
\nThe Director-General added that the programme was, therefore, designed to ensure that officials of affected MDAs understand what every other relevant office in the procurement fiscal regime does so that areas constituting bottlenecks in the procurement process could be reviewed or eliminated.
\nAt the end of the roundtable discussion which featured five discussants, a 21-point communique highlighting what needs to be done to make the procurement process more seamless, was issued by the participants.
\nThe participants resolved that procurement process should be implemented prior to requesting for Mr. Governor\u2019s approval by Ministries, Departments and Agencies to avoid delay in project execution.
\nThey also called for the adoption of joint inspection of projects and harmonization of inspection reports by all MDAs having responsibility for projects inspection to achieve cost efficiency.
\nThey also enjoined the Lagos State Public Procurement Agency to intensify efforts on its sensitization and awareness campaigns with all the relevant stakeholders in the procurement process, including political heads, accounting officers and relevant officials of MDAs as well as contractors and service providers to further enhance compliance with the Procurement Law and other instruments guiding public procurement process in the State.
\nIt was also resolved that advance payment to contractors and service providers should not be subjected to tax deductions.
\nThe participants also enjoined the Ministry of Finance to circulate the updated list of the insurance companies approved by the State Government for the issuance of insurance bonds while the Lagos State Public Procurement Agency was requested to forward the Guidelines for Small and Medium Enterprises to all the MDAs of the State.
\nParticipants at the event which was held at the Amber Residence, G.R.A, Ikeja, Lagos included Accountants, Internal Auditors, Budget and Planning Officers as well as Procurement Officers from the Ministry of Finance, State Treasury Office (STO), Office of Internal Audit, Ministry of Economic Planning and Budget as well as the Lagos State Public Procurement Agency.
\nThe roundtable discussion was moderated by Mr. Akintunde Omomofe, a governance reform consultant with core experience in key areas of public financial management, including public procurement, finance and accounts, budgeting, revenue administration, audit reforms and human resource management.<\/p>\n
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CROSS SECTIONS OF SOME OF THE PARTICIPANTS AT THE ROUNDTABLE DISCUSSION The Director-General of the Lagos State Public Procurement Agency, Mr. Fatai Idowu Onafowote, has pointed out that regular engagement by the Agency with stakeholders would ensure a better understanding and synergy in the procurement process and facilitate project delivery to the citizenry at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[7],"tags":[],"class_list":["post-4402","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"\n