The Nigerian Senate has constituted a six-member committee to engage the Federal Ministry of Finance regarding unpaid debts owed to local contractors. The committee’s mandate is to facilitate the reimbursement of outstanding payments for projects the contractors have already executed across the country. Both reports describe the action as a follow-up step by the Senate to address contractors’ payment arrears involving federal government obligations. Premium Times adds that the Senate President directs the committee to submit its report within one week. The report is expected to outline the government’s efforts and status regarding settlement of the debts, helping the Senate assess what has been done and what remains outstanding. Vanguard and Premium Times agree on the key elements of the decision: the committee’s size, its liaison role with the Ministry of Finance, and its focus on settling contractors’ debts. No specific debt amounts, contractor categories, or project details are provided in the excerpts.
Senate forms committee to liaise with Federal Government over unpaid contractors’ debts
The Nigerian Senate has constituted a six-member committee to engage the Federal Ministry of Finance regarding unpaid debts owed to local contractors. The committee’s mandate is to facilitate the reim...
- The Senate forms a six-member committee to liaise with the Federal Ministry of Finance.
- The committee focuses on unpaid debts owed to local contractors for completed projects.
- The committee is tasked with facilitating reimbursement of outstanding payments.
- The Senate President orders the committee to submit a report within one week.
- The report is expected to detail the federal government’s efforts toward settling the debts.
The senate president directed the committee to submit its report within one week, detailing the federal government's efforts toward settling the outstanding debts owed to the contractors. The post Senate constitutes committee to liaise with FG over unpaid contractors’ debts appeared first on Premium Times Nigeria.
2 months agoThe Senate on Tuesday constituted a six-member committee to liaise with the Federal Ministry of Finance and facilitate the reimbursement of outstanding payments owed to local contractors for projects executed across the country. The post Senate constitutes committee to liaise with FG over unpaid contractors’ debts appeared first on Vanguard News.
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