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FG earmarks N1.7tn in 2026 budget for unpaid contractors

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FG earmarks N1.7tn in 2026 budget for unpaid contractors

09 Jan, 2026

The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of the proposed 2026 national budget shows that the amount is captured under the line item titled “Provision for 2024 Outstanding Contractor’s Liabilities,” signalling official recognition of delayed payments to contractors amid recent protests over delayed settlements....................................….......READ MORE