Abstract

This study delves into the challenges and prospects associated with implementing public procurement standards in Nigeria. Public procurement plays a crucial role in acquiring goods, services, and works essential for public service delivery and development. However, Nigeria faces multifaceted challenges including inadequate legal frameworks, corruption, capacity deficiencies, and weak monitoring and enforcement mechanisms. These challenges compromise transparency, efficiency, and accountability in the allocation of public resources. Despite these challenges, there are promising prospects for improvement. Legal reforms, harmonization of regulations, and technology adoption are key strategies. Strengthening transparency and accountability through e-procurement systems, whistleblower protection, and public participation is critical. Additionally, capacity building and professional development for procurement personnel, as well as collaboration with international partners, offer avenues for progress. Drawing lessons from successful cases such as Singapore and the United Kingdom, Nigeria can adapt international best practices to its context. By addressing challenges and embracing prospects, Nigeria can create a procurement landscape that ensures transparency, efficiency, and fairness, contributing to sustainable development and the well-being of its citizens. However, achieving this requires collective commitment, adoption of best practices, and a determination to enhance public procurement standards.

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