Close Menu
    What's Hot

    Developed Market Government Debt to Increase by $4.4Trillion

    January 24, 2026

    XRP Attempts Fresh Breakout at Oversold Technical Zone

    January 24, 2026

    NIBSS Plans Offline Payments to Reach Nigerians Without Internet

    January 24, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About us
    Facebook X (Twitter) Instagram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, January 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - Reps Give Finance, Budget Ministers 7-day to Pay Contractors  
    News

    Reps Give Finance, Budget Ministers 7-day to Pay Contractors  

    Julius AlagbeBy Julius AlagbeNovember 4, 2025Updated:November 4, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Reps Give Finance, Budget Ministers 7-day to Pay Contractors  
    Abass Tajudeen, Reps Speaker
    Share
    Facebook Twitter Pinterest Email Copy Link

    Reps Give Finance, Budget Ministers 7-day to Pay Contractors  

    The House of Representatives has issued a seven-day ultimatum to the Minister of Finance, Mr Wale Edun and the Minister of Budget, Mr Atiku Bagudu to ensure payment to local contractors for jobs executed under the 2024 and 2025 Appropriations.

    The resolution followed a motion to Matters of Urgent Public Importance by the Minority Leader, Rep. Kingsley Chinda (PDP-Rivers) at plenary on Tuesday.

    The News Agency of Nigeria (NAN), reports that the local contractors, thronged the entrance of the National Assembly Complex, making access difficult insisting to continue the protest through-out the week.

    Moving the motion, Chinda said that the house acknowledged the plights of local contractors who had protested severally in the past and were protesting at the gate. He recalled that the ministers and the Accountant General of the Federation were invited to a high-level committee meeting led by the Deputy Speaker, Rep. Benjamin Kalu and they made promises and undertakings to ensure that local contractors were paid.

    Chinda said that President Bola Tinubu had instructed the ministers to immediately effect payment to local contractors and execution of the budgets. According to the lawmaker, the implementation of the promises and undertakings is still very abysmal.

    “The said instruction was not implemented several weeks thereafter; the non-payment of local contractors had resulted to severe hardship on both the local contractors and indeed the Nigerian populace and that has brought tension and increased poverty in our country.

    “Consequently, the house is urged to resolve that the Minister of Finance, Minister of Budget and Economic Planning and the Accountant General of the country, be given seven days to make payments to all outstanding bills to local contractors for 2024 and implement the 2025 budget the house,” he said.

    The house mandated the leadership of the house to ensure implementation and strict compliance with the resolution and report back within one week for further drastic legislative action.

    In a related development, Rep. Kabiru Mai-Palace (PDP-Zamfara) moved a motion that the house adjourned plenary for one week to enable the leadership interface with the Executive to ensure swift payment.

    Seconding the motion, Rep. Francis Waive (APC-Delta) said that the adjournment was also necessary as the protesters insisted on blocking the National Assembly gate throughout the week.

    In his ruling, the Deputy Speaker, Rep. Benjamin Kalu moved for the adoption of votes and proceedings and adjourned plenary to Tuesday, November 11. #Reps Give Finance, Budget Ministers 7-day to Pay Contractors Zenith Bank: Investment Firm Sets N88.8 Target Price Ahead of Q3

    66 / 100 SEO Score
    Reps
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Julius Alagbe
    • Website

    Related Posts

    News

    Developed Market Government Debt to Increase by $4.4Trillion

    January 24, 2026
    News

    XRP Attempts Fresh Breakout at Oversold Technical Zone

    January 24, 2026
    News

    NIBSS Plans Offline Payments to Reach Nigerians Without Internet

    January 24, 2026
    News

    Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease

    January 23, 2026
    News

    NMDPRA to Accelerate Gas Distribution for Industrialisation

    January 23, 2026
    News

    Nigerian Stock Market Rebounds, Equity Investors Gain N74bn

    January 23, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Developed Market Government Debt to Increase by $4.4Trillion

    January 24, 2026

    XRP Attempts Fresh Breakout at Oversold Technical Zone

    January 24, 2026

    NIBSS Plans Offline Payments to Reach Nigerians Without Internet

    January 24, 2026

    Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease

    January 23, 2026
    Latest Posts

    Developed Market Government Debt to Increase by $4.4Trillion

    January 24, 2026

    XRP Attempts Fresh Breakout at Oversold Technical Zone

    January 24, 2026

    NIBSS Plans Offline Payments to Reach Nigerians Without Internet

    January 24, 2026

    Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease

    January 23, 2026

    NMDPRA to Accelerate Gas Distribution for Industrialisation

    January 23, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Developed Market Government Debt to Increase by $4.4Trillion

    January 24, 2026

    XRP Attempts Fresh Breakout at Oversold Technical Zone

    January 24, 2026

    NIBSS Plans Offline Payments to Reach Nigerians Without Internet

    January 24, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.