Imperatives for Setting up a Body of Knowledge on Public Procurement Practice in Nigeria
Kanu Success Ikechi,
Anuolam Moses Onyema and
Nwadiubu Anthony
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Kanu Success Ikechi: Department of Banking and Finance, Faculty of Social and Management Sciences, Kingsley Ozumba Mbadiwe University (KOMU), Ogboko, Ideato, P.M.B 6, Orlu Imo State. Nigeria.
Anuolam Moses Onyema: Department of Accounting, Faculty of Arts, Management and Social Sciences, Admiralty University of Nigeria,Ibusa , Delta State Nigeria.
Nwadiubu Anthony: Department of Accounting, Faculty of Social and Management Sciences, Kingsley Ozumba. Mbadiwe University (KOMU), Ogboko Ideato, P.M.B 6, Orlu Imo State. Nigeria.
International Journal of Innovation and Economic Development, 2021, vol. 7, issue 4, 49-62
Abstract:
A body of knowledge (BOK) refers to the core teachings and skills required to work in a particular field of human endeavor or industry. This study is set to ascertain if there is need to develop an acceptable body of knowledge on public procurement practice in Nigeria. It adopted a survey research design as open ended questionnaires were administered and used to elicit response on subject matter. The population consists of procurement staff in some selected MDA’s at the Federal Capital Territory, Abuja, Nigeria. Outcome of the study reveals that there is no one-stop body of knowledge or a comprehensive guide on procurement practice in Nigeria. This may be a pointer to the fact that, there is need to establish one. It is one thing for Nigeria to enact the Public Procurement Act; it is yet another for practitioners as well as the general public to fully understand and imbibe the basic tenets and regulations guiding the procurement practice. It will be necessary to train and retrain practitioners and a veritable tool in this direction is the establishment of a body of knowledge on procurement practice. If this is properly articulated, will provide the procedures, skills and tools needed to practice the trade. This is bound to impact positively on process flow and make for a good procurement practice in Nigeria.
Keywords: Body of knowledge; Code of ethics; Public Procurement. (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijoied:v:7:y:2021:i:4:p:49-62
DOI: 10.18775/ijied.1849-7551-7020.2015.74.2004
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