The Bureau of Public Procurement (BPP) and the Equipment Leasing Regulatory Agency (ELRA) signed a Memorandum of Understanding (MOU) aimed at driving positive change in Nigeria’s economy.
This is contained in a statement by Zira Nagga, Head of Public Relations at BPP, on Thursday in Abuja.
Nagga said the partnership would foster reforms and policies promoting national development through a strong collaborative bond between the two agencies.
Dr Adebowale Adedokun, BPP Director-General, described the MOU as a commitment to delivering on President Bola Tinubu’s “Renewed Hope Agenda” and enhancing stakeholder engagement in regulatory reforms.
He emphasised the collaboration’s potential to improve procurement procedures and equipment leasing practices, benefiting Nigerians and international investors alike by driving economic growth and efficiency.
“By working together, BPP and ELRA aim to eliminate wastages and ensure the efficient use of resources,” Adedokun stated during the signing ceremony.
ELRA Registrar/CEO, Mr Donald Wokoma, expressed gratitude for deepening collaboration and said the partnership would amplify ELRA’s vision and policies to boost national development.
Wokoma added that the MOU marked progress toward a more efficient, effective public procurement system essential for accelerating Nigeria’s economic growth and sustainable development.
