PRINCIPLES AND NATURE OF PUBLIC PROCUREMENT ACT IN NIGERIA.

PROF OKPATA O. FIDELIS
POLITICAL SCIENCE DEPARTMENT
ALEX-EKWUEME FEDERAL UNIVERSITY NDUFU-ALIKE, IKWO.
EZIKA GOODNESS AMAKA
DEPARTMENT OF PUBLIC ADMINISTRATION
EBONYI STATE UNIVERSITY ABAKALIKI.

Abstract.

National development index is very encompassing including capacity building, provision of goods and services, all subsumed in good governance. Good governance in itself is a function of accountability, honesty and probity in public expenditure including procurement. This paper is anchored on good governance as an indicator for national development, hence principles and nature of Public Procurement Act is aimed at addressing impunity and respect for the rule of engagement following due process and due diligence in all public expenditure process. The study is anchored on the Utilitarian Theory in handling public resources and positions as its methodology is content analytical using secondary data. The study therefore recommends both change of attitude on the part of Public Office holders; Strict adherence to the rule of engagement and Government willingness to enforce rules and sanctions on the defaulters among others.
Keywords: Public procurement, public procurement Acts.

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