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matthew·Politics· 4 days ago

Stop Economic Sabotage: Secure Funding and Pay Contractors Now

Across Nigeria, agencies award contracts without guaranteed funds, then struggle to pay when projects finish. This isn’t governance — it’s economic sabotage. Overdue payments leave businesses drowning in debt, banks wary of lending, and vital projects abandoned. Investor confidence erodes while workers and families bear the cost. To fix this, the government must only award contracts after confirming funding, publish all outstanding debts, set strict payment schedules, and hold ministries accountable. Nigeria’s growth depends on honoring completed work.

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I
isa4 days ago

How can we ensure contractors get timely payments without relying on uncertain budget allocations?

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prince4 days ago

Which funding mechanism can we set up to guarantee contractors receive funds on schedule?

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F
femi4 days ago

We no fit ignore budget limits; that just shifts risk elsewhere. Improving cashflow forecasts and accountability works better.

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H
hala4 days ago

It's hard to believe agencies award contracts with no secured funding yet expect projects to finish on time.

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Y
yemi4 days ago

Sure, delays are frustrating, but factors like procurement regulations and budget cycles also limit immediate payments.

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K
kris4 days ago

Agencies should link contract approval to a dedicated escrow account so contractors receive funds upon project completion.

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