Tinubu Orders Immediate Payment of N1.5trn Debt Owed Local Contractors
President Bola Ahmed Tinubu has ordered the immediate settlement of the N1.5 trillion owed to local contractors and has set up a multi-ministerial committee to design a sustainable plan for clearing the backlog. The directive followed a briefing at Monday’s Federal Executive Council meeting, where the Director-General of the Bureau of Public Procurement, Dr. Adebowale Adedokun, detailed the scale of the outstanding obligations. The President was said to be visibly displeased over the delays and insisted that the issue must […]