EFFECT OF RISK MANAGEMENT PRACTICES ON THE PROCUREMENT PERFORMANCE OF MINISTRIES, DEPARTMENTS AND AGENCIES (MDAs) IN NASARAWA STATE, NIGERIA

Abstract

This study investigates the effect of Risk Management Practices (RMPs) on procurement performance within Ministries, Departments and Agencies (MDAs) in Nasarawa State, Nigeria, where systemic challenges including inefficiencies, corruption and inadequate risk management contribute to frequent project delays, cost overruns and substandard deliverables. Grounded in Risk Management Theory, the research examines three key objectives: assessing current RMP implementation, identifying critical performance indicators, and analysing the relationship between RMPs and procurement outcomes. The study employed a quantitative survey design, collecting primary data through structured questionnaires administered to all 63 procurement officers across state MDAs, achieving a 100% response rate. Data analysis incorporated descriptive statistics, Pearson correlation and multiple regression using SPSS version 26. Findings demonstrate a statistically significant positive relationship between RMP implementation and enhanced procurement performance. Effective risk identification and assessment processes correlated with improved project timelines and resource allocation, while mitigation strategies like supplier diversification and contingency planning strengthened procurement resilience and output quality. However, persistent challenges including insufficient training programs, limited adoption of digital procurement tools and weak regulatory compliance mechanisms continue to constrain optimal RMP effectiveness. The study concludes that comprehensive RMP integration, coupled with capacity building initiatives and technological adoption (particularly e-procurement systems), could substantially improve procurement outcomes. Recommendations emphasize developing standardized RMP frameworks, institutionalizing regular training programs, and strengthening oversight mechanisms. Future research should investigate political-economic contextual factors and evaluate emerging technologies like blockchain for risk mitigation potential in public procurement systems.