Connect with us

Politics

Indigenous contractors vow to disrupt APC Convention over N150bn unpaid contracts

Published

on

The All Indigenous Contractors Association of Nigeria (AICAN) has threatened to stage a protest at the All Progressives Congress (APC) national convention in Abuja over delayed payments for executed government contracts.

The association’s National President, Jackson Nwosu, made this known on Tuesday during a resumed protest by members in the Federal Capital Territory.

Nwosu said the group is demanding the immediate release of N150 billion within 48 hours as part of funds already approved for verified federal projects.

“For AICAN members, the government has only paid N21 billion between this period in question; what is remaining to be paid is over N1 trillion, but what we are discussing as the immediate payment is N150 billion,” he said.

“Our immediate demand is for the payment to be made between now and the next two days.”

He warned that continued delay in payment could affect the participation of contractors in the APC national convention.

Also speaking, AICAN National Secretary, Seun Babatunde, said many contractors are facing serious financial challenges due to the outstanding debts owed by the government.

He explained that the situation has disrupted business operations, loan repayments, and the ability of contractors to sustain ongoing projects, adding that the association is already engaging the Federal Ministry of Finance to find a solution.

“What AICAN has received as an association of contractors is N21 billion as part of the list of payments finalised in December 2025,” he said.

“A lot of our members are dying as a result of the debt the federal government owes them.

“We lost a member to prostate cancer who has more than N100 million in this money owed to members. If the money the government owed members was paid, the prostate issue would have been operated on.”

Members of the association have held several protests in Abuja over unpaid contracts carried out in 2024 and 2025.

Although the 2026 budget made provision of N1.7 trillion for verified contractor liabilities and N100 billion for other local debts, contractors insist that payments have been slow.

Government officials, however, maintain that disbursements are tied to verification and compliance checks before funds can be released.

In January, the Ministry of Finance confirmed that N152 billion had been paid for verified contracts. Former Minister of State for Finance, Doris Uzoka-Anite, had earlier said the verification process is necessary to ensure transparency and accountability.

President Bola Tinubu had also directed relevant authorities to prioritise payments to indigenous contractors.

Follow Very Nigerian WhatsApp Channel
For Verified Breaking News, Exclusive Reports, Trending Stories, And Real-time Updates.
CLICk HERE TO JOIN!
WhatsApp

Afahame Bamidele is a Political Science graduate from the prestigious Bayero University, Kano, holding a Master’s degree. Known for his insightful analysis and storytelling, he brings clarity to political, governance and trending issues, making complex developments accessible and engaging. Beyond writing, Afahame enjoys football, creative storytelling, and exploring ideas that connect with people and the world around them.

Advertisement Follow Us on Google Discover
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics2 hours ago

2027: Kwankwaso a goat in sheep’s clothing, secretly working for Tinubu – Atiku Campaign Council

News3 hours ago

DSS arrests Maina’s fugitive son in Abuja, hands him over to EFCC

Politics3 hours ago

2027: Step down if you are not working for Tinubu – Deji Adeyanju dares Obi, Kwankwaso

Entertainment3 hours ago

2027: ‘I wont join my Uncle to support Tinubu’ – Davido says

News5 hours ago

Enugu NYSC death: NAFDAC debunks claims linking corps members death to fake drugs

Politics5 hours ago

33 Governors cannot be wrong in supporting Tinubu – Bayo Onanuga

News5 hours ago

Security forces arrest five suspects over abduction of 20 NYSC members in Imo

Sports9 hours ago

Rugby star Hyron Andrews dies at 31 after accidental fall in South Africa

News9 hours ago

LAUTECH Resident Doctors halt 50-day strike as Makinde intervenes

Jobs / Vacancies11 hours ago

House Officers, Nurses, Radiographers, Others wanted as DELSUTH opens recruitment – Apply Now

News11 hours ago

FG raises health fund allocation to N40.76bn, extends insurance to prison inmates

Jobs / Vacancies11 hours ago

Erisco Foods announces 13 job openings across Nigeria – Apply Now

News11 hours ago

Tinubu reappoints Bala Bila as INEC commissioner, nominates six others

News12 hours ago

2027: ‘Don’t trust your destiny to ‘kalokalo’ people’ – Wike warns Rivers voters against Atiku, Amaechi, Obi

Politics12 hours ago

BREAKING: Cross River PDP Chairman Venatius Ikem resigns, cites leadership crisis

Jobs / Vacancies11 hours ago

Erisco Foods announces 13 job openings across Nigeria – Apply Now

Politics2 days ago

2027: Atiku, Obi, Makinde, Adebayo, Duke hold talks with six opposition parties

Politics1 day ago

‘You Betrayed Osun People’ — Adeleke, Davido face backlash over support for Tinubu

News1 day ago

Ex-Senator Bello Mandiya’s body found in Abuja home three days after he slipped, hit his head in the bathroom

News11 hours ago

Tinubu reappoints Bala Bila as INEC commissioner, nominates six others

News2 days ago

JUST IN: Finnish Appeal Court reduces Simon Ekpa’s jail term to four years, upholds terrorism conviction

News2 days ago

Zamfara govt set to empower 36,176 residents with Dangote shares

Metro2 days ago

Over 10 soldiers, four civilians feared dead as Boko Haram terrorists attack Borno military base

News1 day ago

Umahi reopens first Niger bridge after emergency repairs, displays Tinubu’s photos

News1 day ago

‘I love Islam, I’ve sent people to Mecca to pray for me, Nigeria for 25 years’ – Akpabio

News2 days ago

Lagos govt announces 3-day traffic diversion on Independence bridge for emergency repairs

World16 hours ago

Elon Musk unveils Tesla’s ‘flying’ car in stunning demonstration

Metro1 day ago

Panic in Rivers community as pipeline explosion injures 20, razes over 50 houses

Politics2 days ago

Tension escalates as thugs attack NDC secretariat in Edo, destroy properties

Politics2 days ago

‘Local champion’ – Donald Duke takes fresh swipe at Gov Diri over Lagos-Calabar coastal highway