Latest news

COAS promises safe environment for economic prosperity


The acting Chief of Army Staff, Lt. Gen. Olufemi Oluyede, says the Nigerian Army is committed to ensuring the nation’s security so Nigeria can achieve economic prosperity.

“To the enemies of Nigeria, make no mistake about our resolve, as we have never been more prepared and committed to defending the constitution and our dear country.

“We will continue to partner with the services and other security and intelligence agencies to decisively address all threats to Nigeria while ensuring a conducive atmosphere for economic prosperity to thrive,” the acting Army chief stated in Abuja on Thursday at the opening of the Directorate of Procurement Fourth Quarter 2024 Procurement Seminar.

Oluyede, who was represented by the Chief of Training (Army), Maj. Gen. Sani Mohammed, also called for enhanced procurement process to acquire military equipment and weapons.

He said the establishment of the Directorate of Procurement in 2015 had resulted in improved equipment holding, timely provisioning of operational and logistics items for all Army operations.

The COAS added that the directorate had also helped in the provision of infrastructure to boost personnel’s welfare and working conditions.

He said the Army would ensure that all operational, administrative, and logistics requirements were addressed through extensive needs assessment and efficient use of funds to effectively resource personnel for improved operational capabilities.

“We are implementing measures to ensure that funds for procurement purposes are promptly released to contractors and will also implement an effective monitoring process in our contract management.

“It is no news that our dear country faces economic challenges that have generally affected our procurement process.

“We are also mindful of the challenges our dear contractors face given the economic downturn and currency fluctuations.

“These have impacted optimal contract performance with incessant requests for variations from the affected contractors,” he said.

The COAS said the effect of Nigeria’s economic situation on foreign defence procurement, which was mainly affected by exchange rates, had also become an issue that required special consideration by stakeholders.

The objective of such consideration, according to him, would be to proffer solutions to ease the bottlenecks and improve the availability of foreign exchange in such defence procurement.

He said the theme for the seminar, which is “Adapting to Nigeria’s Economic Fluctuations in Defence Procurement: Options for the Nigerian Army”, would provide pragmatic solutions and options for the Army to address issues surrounding defence procurement.

In his remarks, the Director of Procurement (Army), Adeyinka Adereti, said the seminar was designed to sensitise stakeholders in the Nigerian Army procurement system to emerging issues that impacted the procurement process.

Adereti said it would also provide a forum for the army procurement personnel to train while also availing a platform to exchange ideas with key stakeholders, including registered contractors on contemporary procurement challenges.

He said the Army had continued to work closely with all stakeholders to ensure an effective procurement process, adding that it had strengthened operations and enhanced the overall force posture, enabling the Army to effectively carry out its assigned tasks.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...