12 things you need to become a vendor at the FIRS
Every tendering exercise gets underway with the stage known as “Invitation to Pre-Qualify”. It is a rule of thumb in standard procurement practice that seeks to establish that prospective bidders have the capabilities (in terms of the required expertise, capitalization and technical resources) to execute…
Starting a Contracting business in Nigeria
Starting the Contracting business in Nigeria is generally perceived to be a daunting task (Starting a business anywhere is actually). However, this venture still remains one of the most lucrative channels to make a killing from the Public and privates sectors “if approached correctly”. I…
How to find Tenders in Nigeria
In a quest to find answers to a question that continues to linger in my head; “How do contractors and small businesses find tenders in Nigeria?” I took a sample (80 contractors to be precise) from the database of contractors at my disposal. I engaged them in…
The Capital Expenditure of FGNs 2017 Budget
At the highly anticipated presentation of the 2017 Budget in Abuja, President Buhari reiterated his government’s resolve to put a stop to the import dependent nature of the Nigerian economy by pursuing initiatives to make it an export driven one, taking measures to address Nigeria’s…
Competitive Bidding in Nigeria: Self-Exclusion By Default
Majority of businesses in Nigeria are not bidding for tenders. This is because they believe the system is rigged and their chance of getting selected in limited to none. And you can’t totally blame them. For long the public procurement space in Nigeria has been…