FG rejects US report on lack of transparency in procurement
The Federal Government has dismissed a report by the United States Department of State alleging that Nigeria lacks transparency in its public procurement process. The 2025 Fiscal Transparency Report had listed Nigeria among 32 African countries said to have made little or no progress in the fiscal policy space. While acknowledging that Nigeria had improved in publishing budget documents and debt obligations, the report faulted the country for failing to disclose information on public procurement contracts. It also criticised the Office of the Auditor-General of the Federation for not publishing comprehensive audit reports, citing weak institutional independence as a major setback. The report recommended that Nigeria should strengthen the independence of its supreme audit institution, make procurement information easily accessible, and publish timely audit reports of executed budgets. Out of 139 countries and the Palestinian Authority assessed, the report found […]