Senate constitutes committee to liaise with FG over unpaid contractors’ debts

The Nigerian Senate has formed a committee to address the long-standing issue of unpaid debts owed to contractors by the federal government, signaling a move to pressure for resolution. This initiative comes amid growing concerns over the financial health of contractors and the broader economic impact of unresolved debts. The committee is tasked with reporting back within a week, highlighting the government's efforts and next steps, indicating the urgency and seriousness with which the issue is being handled. This move could have significant implications for economic stability and contractor confidence in government projects.