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Publish Date : 06-Mar-2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced plans for the establishment of an open contracting data standard platform to procure goods and services.

The online platform will provide complete public information and disclosure on all procurement prospects and contracting information by NEITI to the general public.

NEITI said this decision is in line with President Muhammadu Buhari's commitment to agreements reached at the Anti-Corruption Summit held in London in 2016.

A memorandum of understanding (MoU) has been inked, to bolster the partnership between NEITI and Public Private Development Centre (PPDC), a non-governmental organisation, on the adoption of the open contracting data standard.

Seember Nyager, the Chief Executive Officer of PPDC signed on behalf of her organisation, while the Executive Secretary of NEITI, Waziri Adio endorsed the MoU on behalf of the Agency.

Adio voiced delight that NEITI is the first federal state agency to fully embrace the Open Contracting Data Standard in line with the Public Procurement Act and bidding regulations of the Bureau of Public Procurement (BPP).

Nyager of the PPDC welcomed the cooperation between NEITI and her organisation in promoting an open, responsible, competitive procurement process to ensure efficiency and value for money in the purchase of goods, works and services.

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