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    MarketForces Africa » MarketForces News » Local Contractors Protest at Finance Ministry Over Unpaid 2024 Projects

    Local Contractors Protest at Finance Ministry Over Unpaid 2024 Projects

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 3, 2025 News No Comments2 Mins Read
    Local Contractors Protest at Finance Ministry Over Unpaid 2024 Projects
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    Local Contractors Protest at Finance Ministry Over Unpaid 2024 Projects

    The All Indigenous Contractors Association of Nigeria (AICAN) on Wednesday in Abuja staged a protest at the Federal Ministry of Finance over alleged unpaid funds for projects executed in 2024.

    The association claims the Federal Government owes contractors about N4 trillion, but is specifically demanding the release of N760 billion which it said the Minister of Finance, Mr Wale Edun, had earlier pledged to pay in September.

    The protesters placed a symbolic coffin at the entrance of the ministry, saying it represented the hardship and deaths experienced among members due to the prolonged non-payment.

    Speaking to NAN, AICAN Deputy National President (North Central), Mr Abdullahi Yamani, said the delay in payment had caused severe hardship for members.

    He said the group resorted to symbolic demonstrations to draw attention to the plight of contractors, adding that they had recently lost a member, due to the financial strain associated with unpaid contract sums.

    According to him, many of the completed projects had already been commissioned by the National Assembly, while government had taken credit for them. “We have fulfilled our part. Government must also fulfil its own, but it has refused to do that,” he said.

    Mr Rotimi Raheem, Public Relations Officer of the association, appealed to the Federal Government to honour its obligations, saying this was the third protest held over the matter.

    He said members were prepared to continue the demonstration until the outstanding funds were released.

    “The National Assembly intervened during our last protest in November and urged the minister to pay the contractors. Up till now, nothing has been done,” he said.

    He added that some members spent the night at the ministry’s entrance and were ready to remain there for days. #Local Contractors Protest at Finance Ministry Over Unpaid 2024 Projects#

    Naira Value Depreciates as U.S Dollar Supply Tightens

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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