CIPMN seeks FG grant to increase venture administration regulation nationwide

The Chartered Institute of Project Managers of Nigeria (CIPMN) has appealed to the Federal Government to supply it with a take-off grant to allow it to determine its presence throughout the six geopolitical zones and strengthen the regulation of venture administration observe within the nation.

The Registrar-General and Chief Executive Officer of CIPMN, Mr Henry Ifeanyi Mbadiwe, made the enchantment on Thursday in Abuja in the course of the International Project Management Day and the third day of the institute’s eighth Annual Induction and Conference.

The convention was held underneath the theme, “Project Management: A Catalyst for Nigeria’s Industrial Transformation.”

Mbadiwe stated though the institute had been working for barely three years, it had made vital progress in establishing its administrative buildings, licensing venture managers, growing skilled coaching modules and increasing its membership.

He defined that the institute was additionally working in direction of growing the information framework and licensing necessities wanted to coach and regulate venture administration professionals in Nigeria.

According to him, the institute has been producing funds by membership registration, coaching programmes and collaborations with ministries, departments and companies (MDAs), with out direct monetary assist from the Federal Government.

He, nevertheless, confused {that a} take-off grant was essential to speed up its nationwide growth.

“We cannot be in Abuja only or in Lagos. We cannot deprive individuals in other geopolitical zones. To ensure that this institute is reachable to every Nigerian who wants to be a licensed project manager, we need that grant from the Federal Government,” he stated.

The CIPMN chief government famous that the institute’s nationwide mandate required it to determine a practical presence past Abuja and Lagos, significantly to make sure that professionals throughout the nation had equal entry to licensing and regulatory companies.

He stated the proposed growth could be a significant precedence for the institute within the coming 12 months.

CIPMN seeks obligatory licensing of venture managers

Mbadiwe stated the institute was established by legislation to make sure that people chargeable for planning, main and managing tasks in Nigeria had been professionally licensed.

He emphasised that CIPMN was not merely an expert affiliation however a statutory regulatory physique with duty for overseeing venture administration observe and accrediting related coaching programmes, together with these supplied by Nigerian universities.

He defined that venture administration was not restricted to the development of roads and buildings, however coated just about each sector of the financial system, together with healthcare, training, humanitarian companies, expertise, finance and occasion administration.

According to him, each main authorities coverage or organisational technique have to be translated into tasks, requiring certified professionals to plan actions, handle dangers, allocate sources and guarantee efficient implementation.

Using a hypothetical N4 billion youth empowerment programme for instance, Mbadiwe stated such an initiative required skilled venture administration to forestall waste and be certain that the meant beneficiaries obtained the anticipated advantages.

He additionally cited expertise tasks in authorities ministries, immigration companies and the Federal Fire Service as examples of tasks requiring specialised administration expertise.

He stated the institute was decided to strengthen Nigeria’s venture supply system and scale back the incidence of deserted and poorly executed tasks.

Mbadiwe clarified that the introduction of licensing didn’t imply that skilled people who had managed tasks earlier than the institution of CIPMN lacked the mandatory competence.

Rather, he stated, such professionals had been anticipated to acquire the suitable licences in step with the nation’s new regulatory framework.

He maintained that venture administration was turning into central to Nigeria’s improvement aspirations, including that efficient venture supply would enhance infrastructure, public companies and financial productiveness.

BPP targets stronger procurement and venture supply

The Director-General and Chief Executive Officer of the Bureau of Public Procurement (BPP), Dr Adebowale A. Adedokun, stated efficient procurement {and professional} venture administration had been complementary drivers of business transformation and nationwide improvement.

Adedokun stated industrial improvement required greater than sound insurance policies and impressive plans, stressing that infrastructure, productive property and public companies have to be correctly delivered to attain significant financial development.

He defined that procurement translated authorities insurance policies into concrete necessities, chosen succesful contractors and established contractual preparations for delivering tasks.

According to him, the BPP was strengthening procurement reforms to advertise Nigerian enterprises, increase native provide chains and improve the participation of micro, small and medium enterprises (MSMEs) in authorities contracts.

He disclosed that the bureau’s MSME Public Procurement Training and Establishment Programme, supported by the Development Bank of Nigeria and the World Bank, had registered 4,417 companies as of February 2, 2026.

He stated the initiative was designed to equip Nigerian companies with the talents required to know procurement necessities, put together aggressive bids and execute authorities contracts efficiently.

Adedokun added that the bureau was collaborating with CIPMN to strengthen venture administration capability amongst procurement officers and authorities contract directors.

He disclosed that Nigeria had recorded financial savings of N430 billion within the first half of 2026 by improved procurement and venture administration practices.

The BPP chief government stated the bureau was additionally strengthening value intelligence, benchmarking mechanisms and audit processes to make sure transparency and worth for cash in public expenditure.

He warned that authorities tasks should not start with out correctly vetted and authorized procurement plans, noting that executing tasks outdoors the authorized procurement framework may entice authorized penalties.

Adedokun urged newly inducted members of CIPMN to uphold skilled ethics, constantly enhance their information and reveal integrity of their selections.

He stated skilled competence and accountability had been important to making sure that public sources translated into tangible advantages for Nigerians.

Housing ministry hyperlinks poor venture administration to constructing collapse

The Permanent Secretary of the Federal Ministry of Housing and Urban Development, Dr Shuaib Mohammad Lamido Belgore, stated standardisation and efficient venture administration had been essential to delivering sturdy infrastructure and attaining sustainable nationwide improvement.

Belgore linked the recurring incidents of constructing collapse within the nation to poor venture administration, stressing that correctly coordinated tasks had been important to defending lives and making certain worth for cash.

He stated tasks that had been professionally deliberate, executed and supervised had been extra more likely to last more and contribute meaningfully to nationwide improvement.

According to him, no nation can obtain sustainable improvement with out correctly managed tasks and efficient coordination among the many professionals chargeable for their supply.

The everlasting secretary described CIPMN as an essential authorities companion in strengthening venture supply, noting that its institution by an Act of Parliament demonstrated the Federal Government’s dedication to enhancing venture administration requirements.

He stated collaboration between the ministry and the institute would proceed to strengthen efforts to make sure that tasks throughout the nation had been correctly managed and delivered.

He urged stakeholders to recognise skilled venture administration as an integral part of nationwide improvement, somewhat than treating it as an exercise restricted to the development business.