FG, States, LG Councils Owe Contractors N2.4trillion

The National Contractors Association of Nigeria has revealed that the Federal Government, the 36 state governments and the 774 Local Government Areas are owing contractors  the sum of N2.42 trillion.

The Association National Chairman, Hon. Onuche Okoh, who spoke on Wednesday, August 3, with newsmen in Abuja on the agony of the members of the association, lamented that the non-payment of contractors has affected the welfare of his members. He lamented that the association has lost about 579 members to heart attack.

Okoh, while supporting President Muhammadu Buhari’s administration fight against graft, urged the president to look at the issue of welfare of contractors.

He said: “By our statistics, the Federal Government alone is owing contactors about N1.97 trillion and if you add that together with the 36 states, Federal Capital Territory (FCT) and the 774 Local Government Areas is put at N2.42trillion.

“The association is fully in support of the President Buhari administration’s fight against corruption and since the change mantra is for the common people, we wish to passionately appeal to the president to quickly take a look at the issue of the welfare of contractors over the years especially on contracts that have been executed.”

He said the non-payment has been for years especially on contracts that have been executed.Federal Government alone is owing contractors N1.97 trillion, the group lamented.

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