US EditionReps Summon Ministers, CBN Gov, Others Over Contractors’ Payments
- The Nigerian House of Representatives summoned top financial officials on May 13, 2025, to explain delayed payments to contractors across the country.
- This action followed concerns raised by several representatives about the government's failure to pay contractors, causing project abandonment and economic stagnation.
- The House of Representatives called upon key officials—Minister of Finance Wale Edun, Minister of Budget Atiku Bagudu, Central Bank Governor Yemi Cardoso, Accountant-General Babatunde Ogunjimi, and Auditor-General Shaakaa Chira—to appear and address the delayed payment of contractors by federal agencies.
- The House unanimously adopted a motion describing the situation as urgent, noting budget allocations below 50% and quoting Rep. Nnamdi Ezechi that "Thousands of contractors are gasping for survival."
- The House ordered its Public Accounts and Budget Committees to jointly investigate the systemic issues causing delays in fund distribution, cautioning that continued hold-ups might trigger widespread unrest, contractor lawsuits, and suspension of key public projects.
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