Local Contractors Protest Non-Payment of ₦4 Trillion — Accuse Tinubu Govt of Ignoring 2024 Project Debts

Local contractors under the All Indigenous Contractors Association of Nigeria (AICAN) are protesting again over the Federal Government’s failure to pay ₦4 trillion owed for completed 2024 capital projects.

Despite multiple meetings with the Minister of Finance, Wale Edun, the contractors say no payment has been made.

Many say they are now out of business:

“We’ve run out of cash. We can’t pay school fees. We can’t continue like this,” a contractor told SaharaReporters.

In September, the contractors stormed the Ministry of Finance in Abuja demanding payment. Only 5 out of 5,000 contractors have reportedly received anything.

The protests forced the House of Representatives to suspend plenary earlier this month, after lawmakers acknowledged the “dire hardship” contractors are facing.

Meanwhile, data from GovSpend shows the Presidency spent billions on vehicles and foreign exchange in 2024 — raising more questions about government priorities.

The contractors vow to remain on the streets until every member is paid.
Stay alert.
Stay informed.
Share to raise awareness.
more in the commnet section
#NigeriaEconomy #TinubuAdministration #ContractorsProtest
🚨 Local Contractors Protest Non-Payment of ₦4 Trillion — Accuse Tinubu Govt of Ignoring 2024 Project Debts Local contractors under the All Indigenous Contractors Association of Nigeria (AICAN) are protesting again over the Federal Government’s failure to pay ₦4 trillion owed for completed 2024 capital projects. Despite multiple meetings with the Minister of Finance, Wale Edun, the contractors say no payment has been made. Many say they are now out of business: “We’ve run out of cash. We can’t pay school fees. We can’t continue like this,” a contractor told SaharaReporters. In September, the contractors stormed the Ministry of Finance in Abuja demanding payment. Only 5 out of 5,000 contractors have reportedly received anything. The protests forced the House of Representatives to suspend plenary earlier this month, after lawmakers acknowledged the “dire hardship” contractors are facing. Meanwhile, data from GovSpend shows the Presidency spent billions on vehicles and foreign exchange in 2024 — raising more questions about government priorities. The contractors vow to remain on the streets until every member is paid. Stay alert. Stay informed. Share to raise awareness. more in the commnet section #NigeriaEconomy #TinubuAdministration #ContractorsProtest
0 التعليقات ·0 المشاركات ·352 مشاهدة
Fintter https://fintter.com