As part of efforts at ensuring value for money spent to develop Ekiti State, officials of the State Bureau of Public Procurement have embarked on a verification tour of companies being patronized by the state government.
The Special Adviser to the Governor and Director General of the Bureau of Public Procurement, Mr. Olalekan Faromika who led the team to Lagos, Abuja and Ibadan, said that the tour was to protect the state from risks involved in doing business with companies that have untraceable or non-exsiting addresses.
Mr. Faromika emphasized that while government remained passionate about rapidly developing the state, it cannot overlook the risk involved in maintaining business relationships with companies that lack credibility.
The Special Adviser added that his team not only located the relevant companies but also conducted a physical verification and categorization of the companies in order to identify their capabilities as well as challenges they face while handling business of the State.
He listed the criteria used to categorize the companies to include their strength, office evaluation, past experience, foreign partnership, plant equipment and machine as well as their financial capabilities.
The management of the companies visited lauded the efforts of the Ekiti State Government at maintaining a cordial relationship with its development partners.
At SCOA Nigeria Ltd in Lagos, the Chairman of the company Mr. Henry Agbamu commended the initiative which he noted would eliminate the risk involved in awarding huge contracts to small companies that are incapable of handling them.
In his remarks, the Managing Director of Jawa International Limited, Mr. V. Verghese said the tour would strengthen the relationship between government and the contractors.
The companies visited in Abuja include, Hartland Nig. Ltd., Kouris Nig. Ltd; High Sniff Security Company Ltd; Energia Consulting Ltd; Atidolf Construction Ltd and |Stateco Nig. Ltd.
In Lagos, the team visited Astac Nig Ltd; Jawa Int Ltd; Mopson Pharmaceutical Ltd; Nigerite Ltd; PLYCON Ltd; A.A Racma & Parttners Group Ltd; Plumb job services, RCF; China Hourbour Engineering co. Ltd; Comfax Nig. Ltd; Viadeux Ltd; SCOA Nig Ltd; Aron Nig. Ltd, Charvet and Palmyra Nig. Ltd.
While in Ibadan, the team was at the corporate headquarters of Kopek Construction Ltd; A.B.D.T Partnership; Spectrum Books Ltd; Mikano International Ltd; Ratcon Nig. Ltd; and Rosco Nig. Ltd.
Last modified: March 6, 2014