business

Procurement knowledge gap shuts small businesses out of FG contracts — Minister

Procurement knowledge gap shuts small businesses out of FG contracts — Minister

By Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said. Enoh stated this in Abuja at the launch of the Micro, Small and Medium Enterprises (MSMEs) Public Procurement Training Programme and digital learning portal organised by the Bureau of Public Procurement (BPP), adding that limited knowledge, weak internal processes and inadequate capacity were hindering small businesses from competing effectively for government contracts.

By Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said. Enoh stated this in Abuja at the launch of the Micro, Small and Medium Enterprises (MSMEs) Public Procurement Training Programme and digital learning portal organised by the Bureau of Public Procurement (BPP), adding that limited knowledge, weak internal processes and inadequate capacity were hindering small businesses from competing effectively for government contracts.

He said many entrepreneurs lacked the skills to register, meet compliance requirements, interpret procurement documents, prepare competitive bids and execute government contracts. “Many businesses are excluded because of capacity constraints, limited knowledge, weak internal processes and insufficient capability,” the minister said. Enoh added that some businesses were disqualified because of missing documents, while the complexity of procurement procedures further restricted their participation.

He said the knowledge gap increased the cost of doing business and deepened small businesses’ dependence on intermediaries, stressing the need to give women-owned enterprises and other small businesses equal opportunities to compete. The minister urged business associations to publicise procurement opportunities and educate their members on bidding requirements.

He also called on ministries, departments and agencies (MDAs) to simplify procurement procedures, improve transparency and strengthen support for small businesses. Director-General of BPP, Adebowale Adedokun, said MSMEs account for about 96 per cent of businesses in Nigeria and contribute approximately 50 per cent of the nation’s Gross Domestic Product (GDP).

He said despite their economic importance, many face barriers to public procurement, including inadequate technical knowledge and difficulties navigating bidding requirements, adding that the digital learning portal would provide free training tailored to Nigeria’s procurement system.

  • procurement
  • knowledge
  • business
  • minister
  • gap
  • contract
  • nigeria
  • government

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

business

FG disburses N75bn to 104 manufacturers, N65.8bn to MSMEs

The package comprises the N50 billion Presidential Conditional Grant Scheme for nano businesses, the N75 billion FGN MSME Intervention Fund for micro, small and medium-sized enterprises, and the N75 billion FGN Manufacturing Sector Fund for manufacturing businesses. Oduwole noted that the N75 billion Manufacturing Sector Fund had been fully disbursed to 104 manufacturing businesses, while N65.8 billion had been disbursed to 15,018 businesses under the MSME Intervention Fund as of the first quarter of 2026.

Read →
PAMA backs FG’s commitment to affordable long-term industrial financing
business

PAMA backs FG’s commitment to affordable long-term industrial financing

By Yinka Kolawole The Pan African Manufacturers Association (PAMA) has welcomed the Federal Government’s commitments to improve energy supply, provide affordable long-term financing for industries, strengthen local procurement, secure industrial corridors and establish quarterly engagements with manufacturers. Held under the theme, “Leveraging National Industrial Policy to Position Nigeria as Africa’s Industrial Hub,” the AGM focused on implementing the Nigeria Industrial Policy 2025 (NIP 2025), enhancing manufacturing competitiveness, expanding access to industrial finance, reducing energy…

Read →
Nigeria targets wider access to West African markets
business

Nigeria targets wider access to West African markets

FG urges businesses to exploit ECOWAS trade scheme By Boluwaji Obahopo, Lokoja LOKOJA — The Federal Government has urged Nigerian manufacturers, farmers and entrepreneurs to take advantage of the ECOWAS Trade Liberalisation Scheme (ETLS) to expand their businesses into West African markets. The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, made the call at the ECOWAS Trade Liberalisation Scheme Sensitisation Workshop for the North-Central zone, held in Lokoja, Kogi State, in collaboration with the ECOWAS Commission.

Read →
Using 1963 Fire Act to fight 2026 fires unacceptable, FG declares
politics

Using 1963 Fire Act to fight 2026 fires unacceptable, FG declares

Minister of Interior, Dr Olubunmi Tunji-Ojo, said this on Monday in Abuja at the opening ceremony and stakeholders’ conference of the 2026 National Fire Safety Week. “There is a lot he’s working under the old law, so there’s a limit to how well he can do this,” Tunji-Ojo said of the Controller-General of the Federal Fire Service, Olumode Samuel Adeyemi.

Read →
2027 Budget to turn economic stability into jobs — Deputy Finance Minister
business

2027 Budget to turn economic stability into jobs — Deputy Finance Minister

The government will use the 2027 Budget to turn Ghana’s economic stability into jobs, productive investment, and improved living standards, Deputy Finance Minister Thomas Nyarko Ampem said. Speaking at the Ghana Statistical Service’s Ghana Numbers, 2025 programme, Mr Ampem indicated that the budget would likely be themed “Moving Ghana from Stability to New Economy”.

Read →
Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts
politics

Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with banks raising lending rates for the biggest borrowers despite the Central Bank of Nigeria (CBN) lowering interest rate. Lastly, The Nation leads with President Bola Tinubu’s re-election bid getting a big boost at the weekend with endorsements from Anambra State Governor Chukwuma Soludo, Kano State Governor Abba Yusuf, Minister of Works Dave Umahi and Deputy Senate President Barau Jibrin among others.

Read →