A speech delivered by Babs Omotowa, MD/CEO, Nigeria LNG Limited, at the Procurement Professionals Association of Nigeria (PPA) Workshop (4 SEPTEMBER 2014 – ABUJA, NIGERIA)

1. Procurement – a veritable tool for socio-economic development
Mr. Babs Omotowa
MD/CEO (Nigeria LNG Limited)

2. Evolution of the proGculorebmale nBtu psrionfeessssi oEnnvironment
Buying and selling Integrated Management Functions
Spare parts
supply
Outsourced
Department
Wings
Landing gear
Doors
-

3. Just-in-time innovatGiolnobal Business Environment
145,000 Jerseys
Centralized design
Flexible supply across Europe

4. Manufacturer/SuppGlielorsb ianlt eBgurastiinoenss Environment
Massive servers
High speed printers

5. A changing society Global Business Environment
1 2
China India
Japan Singapore
Growing global economy World Population passes 7 billion
3 4
Information Technology explosion

6. Societal expectations
Realities Expectations
Government
Corporate
Organisation

7. A veritable tool Global Business Environment
$3,024 GDP/Capita
in Africa
Rebased GDP = $524b
25 – 70%
Government
spend
Enablers

8. Making a difference …
1 2 3 4 5
Local capacity
development
Value for
money
Enable
innovation
Ethics and
transparency
Sustainable
development

9. NLNG Example – Drive for excellence
Knowledge transfer Historical Nigerian export Innovation in procurement
$1m

10. Wrap up … A veritable tool
Understanding
societal
expectations
Understanding long
term plans and
strategies
Understanding
Economy and
value for money
Understand
market and
cost drivers
Continuous
Improvements
and innovation
Trusted partner
and
professionalism