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

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