PROCUREMENT NEWS

Nigeria : 700 insurance, asset management and supply industry companies seek contracts from EFCC

Published 18 Nov 2016

At least 700 firms in the insurance, asset management and supply industries of the country have applied for contracts to the Economic and Financial Crimes Commission (EFCC).

In line with the Public Procurement Act, the commission's Head of the Procurement Unit, Ibrahim Mohammed, said this at the opening of bids for contracts.

He noted that the exercise was done to ensure "a free and fair process for contractors and consultancy firms bidding to engage with the commission."

In the Federal Tenders Journal, and two leading newspapers in the country, the anti-graft agency had, on September 19, 2016, published advertisement to seek Expression of Interest from consultants for asset management, insurance brokers and suppliers of office equipment.

Ibrahim said that all intending contractors, who submitted bids, were invited to the bid opening as part of adherence to the Procurement Act.

He added that the commission has decided to ensure a free and fair process to select companies that would eventually engage with the agency.

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