Contractors urge FG to clear unpaid debts

The All Indigenous Contractors Association of Nigeria (AICAN) has urged the federal government to urgently address outstanding payments owed to local contractors for completed projects.
The association made the call on Saturday in Abuja at the burial of one of its members, Alhaji Mohammed Inusa, who died after battling an illness for about three months.
Jackson Nwosu, national president of AICAN, said the deceased had completed projects worth billions of naira but was still owed more than N1 billion.
Mr Nwosu alleged that the unpaid funds made it difficult for the contractor to finance his medical treatment, including a required surgery.
He appealed to the federal government to prioritise payment of verified debts owed to indigenous contractors to ease their financial difficulties.
Nuhu Inusa, son of the deceased, said his father’s health began to deteriorate about three months before his death.
He attributed the worsening condition partly to delays in payment for work his father had executed as a contractor.
According to him, the family contacted relevant authorities and sought assistance from their representative, but without success.
“Had the money been paid on time, I believe, though I am not God, that he might still have been alive by now,” he said.
Mr Inusa said his father eventually died from a tumour in his spine.
Also, Rotimi Raheem, national publicity Secretary of AICAN, said the association had lost several members amid difficulties accessing payment for completed projects.
Mr Raheem said the association contributed towards Inusa’s medical expenses but could not raise enough because many members were also facing financial challenges.
He said some contractors had remained unpaid for projects completed over the past two years, allegedly because the projects lacked cash backing.
The federal government, however, has said it is taking steps to clear verified obligations owed to local contractors.
Recall that the Federal Ministry of Finance had announced approval of payments to more than 1,240 contractors following verification and reconciliation of outstanding claims.
The ministry said it processed more than N700 billion in verified obligations to local contractors, including about N436.6 billion in May.
It said the latest batch prioritised contractors with verified claims of N100 million or less, as part of efforts to address long-standing obligations and inject liquidity into businesses.
The ministry also engaged AICAN in May, with Finance Minister Taiwo Oyedele assuring contractors that the government was working with relevant institutions to reconcile outstanding claims and establish a sustainable payment structure.
However, AICAN later protested at the ministry, disputing claims that approved funds had not translated into payments to many of its members.
The association said it was still owed substantial sums, while a ministry official clarified that fund approval differed from actual payment and that disbursements were being processed.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
Microsoft reports $36.6 billion profit days after announcing 60,000 job cuts
Microsoft has announced that its profits for three months to the end of September increased to more than $36.6 billion.

Anti-Corruption
Rocky Mount tax preparer Chowan Watson’s $4 million fraud empire crumbles after conviction
Ms Watson pleaded guilty in federal court to one count of aiding and assisting in preparing a false tax return that resulted in a tax loss of about $3.9 million.

Anti-Corruption
CFO of York Wallcoverings jailed three years for embezzlement
The former chief financial officer of a Chicago-area company’s subsidiary has been sentenced to three years in federal prison for embezzling more than $1 million.

Anti-Corruption
Founder of Modest Needs Foundation jailed in U.S. for multimillion-dollar charity fraud
Keith Taylor, the founder and former chief executive officer of Modest Needs Foundation, a charitable organisation, has been sentenced to eight years in prison.

Heading 2
U.S. rapper SleazyWorld Go heading to prison after felony conviction
In 2016, Mr Isaac was convicted of armed robbery in Kent County Circuit Court in Michigan and sentenced to prison. He was paroled in September 2019.

Africa
Rwanda’s Eric Nshimiye who clubbed Tutsis to death convicted in U.S. for lying about genocide involvement
Mr Nshimiye participated in attacking Tutsi men and women, including by striking them on the head with a club.





