The Centre for the Study of the Economies of Africa, (CSEA), has said that Nigeria loses at least N18 billion to financial crimes and corruption stemming from procurement processes in the country. Director of Research at the CSEA, Adedeji Adeniran, disclosed this during a Stakeholders Dialogue on ‘Public Procurement and Good Governance in Nigeria’, held in Abuja on Thursday. According to him, with public procurement accounting for a significant portion of Nigeria’s spending, the need for proficient procurement professionals cannot be overstated. Adeniran explained that the procurement sector has been…
Read MoreNigeria loses $18bn annually to financial crimes, corrupt procurement process – CSEA
