Contractors Accuse FG of Withholding ₦760bn, Threaten Protest

Abiodun Osubu
1 Min Read

The All Indigenous Contractors Association of Nigeria (AICAN) has accused the Federal Government of withholding over ₦760 billion owed for completed 2024 projects, despite reports that a payment warrant was issued two months ago.

AICAN President Jackson Ifeanyi said in Abuja that members, who funded projects with borrowed money, are now facing bankruptcy. He warned that if payments are not made by week’s end, contractors will stage peaceful protests across the FCT.

He also directed members to boycott 2025 projects unless mobilisation funds are released upfront.

Vice President Fredrick Agada accused government officials of favouring foreign firms over local contractors, saying: “While foreign contractors are cashing out, our members are dying in penury.”

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