Author(s) :

TITITY, Emmanuel Tamarakuro.

Volume/Issue :

Abstract :

This study investigates the impact of the Public Procurement Act (PPA) 2007 and the Finance Acts on Nigeria's procurement processes. Specifically, it analyzes the role of the National Council on Public Procurement (NCPP) in ensuring standardized and transparent procurement, evaluates the Bureau of Public Procurement's (BPP) regulatory role in preventing fraud and malpractice, and assesses the core principles of transparency, fairness, and competitive bidding as outlined in the PPA 2007. Furthermore, it explores the influence of the Finance Acts (2019–2021) on fiscal policies related to procurement, including tax adjustments, VAT, and corporate incentives, and their effects on contract pricing and competitiveness. The study is grounded in Public Choice Theory, which emphasizes minimizing self-serving behaviors among government officials to maximize public interest. A qualitative research methodology is adopted, utilizing secondary data sources such as government publications and legislative documents. Content analysis and case studies are employed to examine the practical implications of these laws. The findings highlight the significant role of the NCPP and BPP in maintaining transparency and oversight, as well as the fiscal impact of the Finance Acts on procurement. Recommendations include strengthening NCPP oversight, expanding BPP training programs, promoting open competitive bidding, and aligning procurement planning with fiscal policies. The study concludes that both the PPA 2007 and Finance Acts are essential in fostering transparency, accountability, and competitiveness in Nigeria’s procurement processes. Keywords: Public Procurement Act 2007, Finance Acts, National Council on Public Procurement, Bureau of Public Procurement, transparency, fiscal policies, competitive bidding, Nigeria.

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