Nigerian Govt Confirms N152bn Payment Amid Contractor Protests

The Nigerian government has acknowledged the disbursement of N152 billion to verified contractors, triggering renewed protests in Abuja. The payment, part of efforts to settle outstanding debts, aims to address contractor grievances over delayed payments for completed projects.

Despite assurances and budgetary provisions, contractors claim substantial balances remain unpaid. The Federal Ministry of Finance emphasizes adherence to financial regulations and due diligence in the payment process to safeguard public funds.