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Home » Produce proof of N2.4trn cost to contractors
News September 22, 2025No Comments

Produce proof of N2.4trn cost to contractors

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Produce proof of N2.4trn cost to contractors
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The House of Representatives has directed the Accountant-Common of the Federation, Shamseldeen Ogunjimi, to offer an in depth spreadsheet of funds made to contractors as a part of the N2.4 trillion lately accredited by the federal authorities for challenge implementation.

This was contained in an announcement issued on Monday by Levinus Nwabughiogu, chief press secretary to the Deputy Speaker, Benjamin Kalu, who chairs the Advert-hoc Committee on Price range Implementation.


In accordance with the discharge, the lawmakers’ demand adopted affirmation by the Workplace of the Accountant-Common that about N2.4 trillion had been accredited for disbursement to contractors.

The parliament additionally warned contractors to make sure challenge authenticity, stressing that they need to be sure that tasks paid for had been “jobs effectively accomplished” and never only for “a chunk of paper or a certificates of completion.”

Why the Home intervened

The intervention by the Home follows months of protests by members of the Affiliation of Indigenous Contractors of Nigeria, who accused the federal authorities of withholding funds for accomplished tasks.

In early September, contractors blocked entrances to the Federal Ministry of Finance in Abuja, chanting solidarity songs and demanding cost for works they mentioned had been executed years in the past.

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Following the demonstrations, Speaker Abbas Tajudeen constituted the particular committee, led by Mr Kalu, to interface with the Ministry of Finance, the Workplace of the Accountant-Common, and different related businesses.

The committee convened its first assembly on 4 September, the place it brokered a truce with the contractors, leading to an preliminary 25 per cent cost of excellent sums.

A follow-up session on 21 September was scheduled to evaluation progress on compliance.

Contemporary disclosures

At Sunday’s appraisal assembly, the Director of Funds within the Workplace of the Accountant-Common confirmed that N2.4 trillion had already been accredited for contractors. In accordance with him, about N160 billion of that sum stays unpaid.

He additionally disclosed that the Minister of Finance, Wale Edun, had granted additional approval for warrants and money backing amounting to N760 billion for subsequent funds protecting Might to September.

With this, the federal government’s whole dedication rises to just about N3.1 trillion.

Mr Kalu recommended the federal authorities for responding to the contractors’ plight regardless of prevailing financial stress, describing the funds as an awesome step in the suitable route.

Contractors warned on authenticity of tasks

Whereas acknowledging the federal government’s responsiveness, the Home additionally issued a stern warning to contractors towards reducing corners or making fraudulent claims.

Mr Kalu careworn that each cost should correspond to tangible, accomplished tasks that serve Nigerians.

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“We instructed them it could be wickedness to assert a hospital has been constructed when lives are nonetheless being misplaced as a result of there is no such thing as a hospital. It’s depraved to assert faculties have been constructed when youngsters are nonetheless studying beneath timber,” he mentioned.

He added that parliament wouldn’t permit a state of affairs the place “a chunk of paper or certificates of completion” substitutes for actual infrastructure.

Legislative diplomacy

The deputy speaker described the committee’s work as an train in “legislative diplomacy” geared toward constructing belief between authorities establishments and aggrieved contractors.

In accordance with him, the committee narrowed the contractors’ grievances into three classes: batch quantity delays, partial funds, and lack of warrant or money backing for subsequent months.

He mentioned whereas batch quantity points had been totally resolved and 25 per cent of arrears cleared, the federal government was nonetheless addressing warrants and money backing, which had now obtained the finance minister’s approval.

Mr Kalu additionally defined that Sunday’s assembly was monitored by each the finance minister and the Accountant-Common, who had been engaged on the Presidential Villa on different nationwide duties however joined discussions just about.

READ ALSO: 1999 Structure much less consultant of individuals’s will – Reps deputy speaker

Subsequent steps

The Home committee has scheduled a contemporary appraisal session for five October to evaluation the spreadsheet of funds and observe progress on excellent points.

Mr Kalu mentioned the committee would conduct “post-agreement scrutiny” on either side, making certain that real contractors are paid whereas stopping undeserving corporations from cornering funds.

“So, we would like to have the ability to use our workplace, the instrument of legislature, to research that record and to search out out that they don’t seem to be complaining once they have been paid, or those that have been paid will not be those which can be purported to be paid.

“That, we’ll discover out in the middle of two weeks. Now we have agreed to fulfill once more on the fifth of October for an additional appraisal of our settlement. So, it’s like post-agreement scrutiny, each on the facet of presidency and on the facet of the contractors,” he mentioned.






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