The Senate has commenced a process that will strip the Federal Executive Council (FEC) of its powers to award contracts.
The lawmakers passed a motion, asking President Muhammadu Buhari to, as a matter of urgency, officially set up a National Council on Public Procurement (NCPP).
This, it said, would give life and meaning to the Public Procurement Act so as to achieve the laudable objectives for which the Act came into being.
In the motion titled, “Urgent need to compel the National Council on Public Procurement of Nigeria” and co-sponsored by the Senate Leader, Ali Ndume, the Senate said the good intention of the legislature in passing the said Act into law was to establish a regulatory authority for monitoring and oversight of public procurement.
The lawmakers expressed regret that since the passage of the Act in 2007, the National Council on Procurement has not been established, adding that without the establishment of the National Council on Procurement, the Procurement Act is as good as dead.
