IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v9y2025i1p646-659.html
   My bibliography  Save this article

Impact of the Nigerian 2007 Public Procurement Act on Organizations: Enhancing Transparency and Accountability

Author

Listed:
  • Emenike, Nnebuife

    (Centre of Excellence in Sustainable Procurement, Environmental and Social Standards, Federal University of Technology, Owerri)

  • Ozurumba Benedict Anayochukwu

    (Centre of Excellence in Sustainable Procurement, Environmental and Social Standards, Federal University of Technology, Owerri)

  • Ubani C. Emmanuel

    (Centre of Excellence in Sustainable Procurement, Environmental and Social Standards, Federal University of Technology, Owerri)

  • Ubah, Chijindu Promise

    (Department of Financial Management Technology, Federal University of Technology, Owerri)

Abstract

The study investigated the Impact of the Nigeria 2007 Public Procurement Act on Organizations with emphasis on Transparency and Accountability in Nigerian procurement processes, focusing on public sector organizations, specifically Ministries, Departments, and Agencies (MDAs). Data were collected from 306 respondents through multiple-choice and 5-point Likert scale questions, providing a comprehensive dataset for analysis. The statistical tools used include mean score, graphical chart, percentage frequency distribution, and t-test, which facilitated a thorough examination of the data. The findings reveal that bribery is the most common form of corruption, reported by 43.8% of respondents, followed by embezzlement (25.5%), nepotism (17.0%), and kickbacks (13.7%). The primary factors contributing to corruption are inadequate oversight (36.6%), low salaries (25.5%), high competition for contracts (22.2%), and lack of accountability (15.7%). Mean scores results highlight significant concerns, with corruption’s influence on transparency and accountability scoring highest at 3.73. Political interference follows closely with a score of 3.62, underscoring its detrimental impact on procurement processes. The effectiveness of anti-corruption laws is perceived as moderate to low, with a mean score of 2.72, indicating a need for stronger enforcement mechanisms. The t-test results further reinforce these findings, showing significant p-values less than 0.05 across key hypotheses. Accordingly, corruption’s influence on transparency and accountability yielded a t-value of 65.025 (p

Suggested Citation

  • Emenike, Nnebuife & Ozurumba Benedict Anayochukwu & Ubani C. Emmanuel & Ubah, Chijindu Promise, 2025. "Impact of the Nigerian 2007 Public Procurement Act on Organizations: Enhancing Transparency and Accountability," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(1), pages 646-659, January.
  • Handle: RePEc:bcp:journl:v:9:y:2025:i:1:p:646-659
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-9-issue-1/646-659.pdf
    Download Restriction: no

    File URL: https://rsisinternational.org/journals/ijriss/articles/impact-of-the-nigerian-2007-public-procurement-act-on-organizations-enhancing-transparency-and-accountability/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sope Williams-Elegbe, 2018. "Systemic corruption and public procurement in developing countries: are there any solutions?," Journal of Public Procurement, Emerald Group Publishing Limited, vol. 18(2), pages 131-147, June.
    2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohammed T. Abusharbeh, 2024. "Technology-Profitability Paradox in Banking Sector: Evidence from Palestine," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 14855-14873, September.
    2. Nur Ain Shahrier & Jessica Sze Yin Ho & Sanjaya Singh Gaur, 2020. "Ownership concentration, board characteristics and firm performance among Shariah-compliant companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 24(2), pages 365-388, June.
    3. Barbara Su, 2023. "Banking practices and borrowing firms’ financial reporting quality: evidence from bank cross-selling," Review of Accounting Studies, Springer, vol. 28(1), pages 201-236, March.
    4. Yeon‐Koo Che & Kathryn E. Spier, 2008. "Strategic judgment proofing," RAND Journal of Economics, RAND Corporation, vol. 39(4), pages 926-948, December.
    5. Ichev, Riste & Valentinčič, Aljoša, 2025. "The effect of impact investing on performance of private firms," Research in International Business and Finance, Elsevier, vol. 73(PA).
    6. Fabrizio Rossi & Maretno Agus Harjoto, 2020. "Corporate non-financial disclosure, firm value, risk, and agency costs: evidence from Italian listed companies," Review of Managerial Science, Springer, vol. 14(5), pages 1149-1181, October.
    7. Klapper, Leora F. & Love, Inessa, 2004. "Corporate governance, investor protection, and performance in emerging markets," Journal of Corporate Finance, Elsevier, vol. 10(5), pages 703-728, November.
    8. Sevcan Yesiltas, 2009. "Financing Constraints and Investment: The Case of Turkish Manufacturing Firms," 2009 Meeting Papers 874, Society for Economic Dynamics.
    9. Kane, Gregory D. & Velury, Uma, 2004. "The role of institutional ownership in the market for auditing services: an empirical investigation," Journal of Business Research, Elsevier, vol. 57(9), pages 976-983, September.
    10. Tan, Monica & Liu, Bin, 2016. "CEO's managerial power, board committee memberships and idiosyncratic volatility," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 21-30.
    11. Theodore E. Christensen & Hang Pei & Spencer R. Pierce & Liang Tan, 2019. "Non-GAAP reporting following debt covenant violations," Review of Accounting Studies, Springer, vol. 24(2), pages 629-664, June.
    12. Ju Ryum Chung & Eun Jung Cho & Ho-Young Lee & Myungsoo Son, 2017. "The impact of labour unions on external auditor selection and audit scope: evidence from the Korean market," Applied Economics, Taylor & Francis Journals, vol. 49(48), pages 4833-4850, October.
    13. Shin-ichi Fukuda, 2018. "Companies’ Financial Surpluses and Cash/Deposit Holdings," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 14(3), pages 369-396, July.
    14. Boubakri, Narjess & Ghouma, Hatem, 2010. "Control/ownership structure, creditor rights protection, and the cost of debt financing: International evidence," Journal of Banking & Finance, Elsevier, vol. 34(10), pages 2481-2499, October.
    15. Hartarska, Valentina M. & Nadolnyak, Denis A., 2012. "Financing Constraints and Access to Credit in Post Crisis Environment: Evidence from New Farmers in Alabama," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124882, Agricultural and Applied Economics Association.
    16. Hasan, Iftekhar & Lozano-Vivas, Ana, 2002. "Organizational Form and Expense Preference: Spanish Experience," Bulletin of Economic Research, Wiley Blackwell, vol. 54(2), pages 135-150, April.
    17. Fabbri, Daniela & Menichini, Anna Maria C., 2016. "The commitment problem of secured lending," Journal of Financial Economics, Elsevier, vol. 120(3), pages 561-584.
    18. Sang Cheol Lee & Mooweon Rhee & Jongchul Yoon, 2018. "Foreign Monitoring and Audit Quality: Evidence from Korea," Sustainability, MDPI, vol. 10(9), pages 1-22, September.
    19. Lu, Yao & Zhan, Shuwei & Zhan, Minghua, 2024. "Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China," Research in International Business and Finance, Elsevier, vol. 68(C).
    20. DEGEORGE, François & DING, Yuan & JEANJEAN, Thomas & STOLOWY, Hervé, 2005. "Does Analyst Following Curb Earnings Management?," HEC Research Papers Series 810, HEC Paris.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:9:y:2025:i:1:p:646-659. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.