DUE PROCESS IN THE PROCUREMENT SYSTEM: THE NIGERIA EXPERIENCE

With the upsurge in fraudulent activities in financial accounting and corrupt practices in the global economy especially Nigeria, due process in the procurement system has become an emerging topic of great importance for academia and real sector. However, determining how efficient and the extent to which due process in the procurement system is meeting up with the desired goal is a subject of discussion. The paper examines the effectiveness o f due process in public procurement system with reference to implementing the culture and determines the degree of transparency in the implementation. Using seminar presentations and workshops, interviews and distributions of questionnaires on Due Process data obtained was analyzed using simple percentage and charts. The paper found that Due Process in the procurement system in Nigeria as organized by the Budget Monitoring and Price Intelligence Unit (BMPIU) works effectively as a result of the system being able to control the inflated process of contracts by contractors and public officers that have the authority to approve such contracts while ensuring that contracts are awarded to only the competent contractors, having allowed equal access and opportuniti es for tender. The paper recommends that government auditors and accountants should complement each other’s effort to ensure effectiveness in the execution of their functions. In addition the paper recommends that ministries and parastatals should not emba rk on new projects when there is problem of funding.