President Muhammadu Buhari on Thursday in London said Nigeria will soon begin the full implementation of the principles of the Open Contracting Data Standard (OCDS) to boost his administration’s ongoing war against corruption. He made the remark while presenting Nigeria’s statement to the Anti-Corruption Summit hosted by Prime Minister David Cameron of Britain.
According to him, the Federal Government will apply the OCDS to major projects in the Oil, Transportation, Power, Health, Education and other sectors. The OCDS enables disclosure of data and documents at all stages of the contracting process by defining a common data model.
The publication of OCDS data ensures greater transparency in public contracting, and can support accessible and in-depth analysis of the efficiency, effectiveness, fairness, and integrity of public contracting systems.
