Lagos State House of Assembly has on Wednesday proposed the amendment of the State Procurement Agency Law, 2015 with a view to raising the advance payment from 20 to 40 per cent.
This was made known during the public hearing on a bill titled ‘The Lagos State Public Procurement Agency (Amendment) Bill 2020’ which took place at the Lagos House of Assembly Pavilion.
The Speaker, Rt. Hon. Mudashiru Obasa who was represented by his Deputy, Hon. Wasiu Sanni-Eshinlokun said “Procurement is very important. It has to do with the delivery of goods and services. We felt we should do what is needed to set the state on the part of progress.”
According to him, the idea of public hearing affords the policymakers to hear from the masses.
He said it is meant to build public confidence in the government. Good legislation must not be the yearnings of the populace alone, it must be the aggregated interest of the people.
He said: “We are here to discuss important issues, which is public procurement. Procurement is broad, encompassing, and covers all aspects of government activities. Lagos State is proud to be one of the states with one of the best procurement policies in Nigeria.
“We must never rest on oars towards the provision of better democracy. We can make remarkable progress and improvement through our contributions today.”
The Chairman, House Committee on Public Procurement, Hon. Rauf Age-Sulaimon said the purpose of the amendment is to ensure that the society is regulated.
“When you are talking about development, procurement is the most important because if, government projects are not properly executed, of course, you will not see the result.
“We have been talking about the money needed for projects and the economy is not smiling at all and for us to support contractors there is a need on the part of the government to encourage them. The essence of this is to increase from 20% to 40% so that the person involved would be able to do the job effectively.
“We will ensure that the contractors adhere strictly to the terms of the contract. It will benefit the masses because it will not be the winner takes it all. It will not be the survival of the fittest because the fittest might not be capable. It is open to everybody. Once you have the requirement you will be allowed to bid,” he said.
While giving the overview of the Bill, the Majority Leader, Hon. Sanai Agunbiade said: “The law as it stands today has 83 sections, out of which we are proposing to amend 38 sections. The reason for the amendment is to simplify the narration.”
Agunbiade further explained: “Amendment of section 63, advance payment of not more than 40 percent of the contract sum may be paid to a supplier or contractor.
“Provided that advance payment above 40 percent shall be subject to the regulation prescribed by the agency.
“Subject to the provisions of subsection (1) of this section, any person, company or authority who accesses mobilization fee and absconds or does not carry out the services or works commensurate to the fee paid commits an offense and is liable on conviction to imprisonment for two years or a fine equivalent to the fee paid or both.”
Daily Post Nigeria
Eyewitness? Submit your stories now via Email: email@example.com Or WhatsApp +2348132405535.
- Meet The Top 10 Biafran Soldiers Who Fought Alongside OjukwuBiafra throughout the years has spoken to the patriot yearnings of the Igbo individuals whose administration felt they could no longer exist together with the Northern-ruled national government. The ...[Read more]
- 2020 Technologies and producers that will blow you mindThe best smart home devices of 2020 Amazon and Google are in great competition to control your house. Here are the smart home products that are most worth your time in 2020. If you’ve already ...[Read more]
- Watch Video of Kiddwaya’s “bad behaviour” when Laycon was being presented a carReactions have poured on Twitter on how Kiddwaya behaved when Laycon was being presented a brand-new car. During the presentation of the car to Laycon, Kiddwaya came from nowhere to interrupt. He ...[Read more]
- Sad: Moment SHS Students Returning From NSMQ Involved In An AccidentIts that time of the year again and as usual the National Science and Maths Quiz (NSMQ)has been organized again. Newzandar learnt that four students who were returning from the NSMQ have been ...[Read more]
- PO Donkor wins Gospel Song of the Year awardVersatile gospel musician, PO Kwabenya Donkor’s “shine on me” song won him an award at the just ended Western Music Awards (WMA) held in Takoradi. – Advertisement – The military officer ...[Read more]
- Kim Kardashian struggles to get into gold latex outfit and is said to end her reality tv show soonReality TV queen Kim Kardashian has struggled to get into a gold latex outfit in a new clip from Keeping Up With The Kardashians. The segment was posted by her younger sister Khloe Kardashian ...[Read more]
- Lady runs mad after alighting from a Benz (Watch video)A viral video which has been spotted that captures the shocking moment a young lady was misbehaving just by the roadside bring held by her friends to avoid running out of hand. It is believed that ...[Read more]
- Top 10 most beautiful BBNaija housemates of all time.Beauty is something that has always been associated with TV shows. An unspoken criterion for the selection of reality TV faces is actually physical appearance and the Big Brother Naija reality TV ...[Read more]
- No more rallies, protest in ahead of tomorrow’s independence celebration,PoliceThe Lagos State Police Command has threatened to disrupt any protest tomorrow independence celebration. Below are the full statement from The Lagos State Police Command: “While the Commissioner of ...[Read more]
- See what you don’t know about Laycon’s mumThe BBN winner season 5 Laycon comes from a humble background (we don’t want to be harsh and say poor background) and he was raised by the mum . according to report Laycon’s father died when the ...[Read more]
- Joblessness is on the increase, Iwas sold roasted corn with someone’s CV,Bukunmi OluwashinaNollywood actress Bukunmi Oluwashina took her instagram handle to lament on the increasing joblessness in the country. She said she was sold roasted corn at Ikeja with someone’s CV. It was so ...[Read more]
- Davido Reveals Where He Met ChiomaIn a latest video, Davido has revealed that he attended the same university with her baby mama, Chioma. In a radio submission, Davido said he saw Chioma at the university after his friend, Lati ...[Read more]
- Mr Ibu and Davido Chilling Together, See What He Told Davido About Lagos that Made Him Laugh.John Ikechukwu Okafor, popularly known as Mr. Ibu is a Nigerian actor and comedian . Do you know that he is considered to be one of Nigeria’s most talented comic characters in Nollywood? ...[Read more]
- Man Shares Horrific Tale After Escaping From Ritualist DenA 27-year-old man has escaped death by its whiskers after he was attacked by a suspected ritual killer in Ibadan, the Oyo state capital. It was gathered that the incident happened in the early ...[Read more]
- Ini Edo set Instagram on Fire with her no makeup photoThe Nigerian Actress Ini Edo has shared a no Make up Photo of her self. Meanwhile, the actress was recently in the News after she claim she has been depressed for sometime now. The beautiful actress ...[Read more]
Join The Discussion👇🏾
- on Kim Kardashian struggles to get into gold latex outfit and is said to end her reality tv show soon nice outfit,but sad to learn she will call off the reality tv show soo…
- on BBNaija: See What Nengi Found Under Her Bed That Ozo Left For Her A very big love
- on “I Can’t Remember When I Had A S3kz With Any Man, So I Didn’t Know I Was Pregnant ” – 17-year-old Girl Whose Newborn Was Allegedly Buried Alive Claims The traditional healer in whose Hafsat spent months in his house shoul…
- on FG cries out, says IPOB bent on destroying Nigeria THE LASTING SOLUTION TO NIGERIA IS UNITED STATE OF BIAFRA PERIOD .BUHA…
- on IPOB warns of continuous killing of members by security operatives Well for me ipob is for freedom
- on FG cries out, says IPOB bent on destroying Nigeria Are You sleeping when kanu said he will destroy Nigeria with truth. If…
- on ‘I Feel Beautiful When I Do Braids’- Tiwa Savage Reveals As She Shows Off New Hairstyle (PHOTO) Timeless beauty ageless too she is always pretty
- on BBNaija: “Ozo’s Family Doesn’t Want Nengi”- See What His Sister Posted Online That Got People Talking What ozo sister did is wrong. Why would she say that forgetting that N…
- on Breaking!!! Kanu Promises to Drop Biafra Agitation on One Condition Rape: (Apart from people who rape with occuitic power with small girl…
- on #BBNaija: “I’m a big fan, this guy sweet die” – Mercy Eke gushes over Prince (Video) Med oooo🤨🤨🤨😁😁🤣🤣🤣🤣