More
    HomePoliticsObi slams FG for celebrating revenue gains while contractors protest unpaid bills

    Obi slams FG for celebrating revenue gains while contractors protest unpaid bills

    Published on

    The 2023 Labour Party presidential candidate, Peter Obi, has faulted the Federal Government for celebrating revenue milestones while failing to pay local contractors who have completed government projects.

    In a statement titled “Let Our SMEs Breathe” and posted on X, Obi said images of contractors protesting in Abuja and other states highlight a worsening contradiction between the government’s claims and its behaviour.

    He stressed that most of the affected contractors are small and medium-sized enterprises whose survival depends on timely payment, noting that withholding their funds cripples local economies.

    Obi said it was troubling that contractors remained unpaid despite President Bola Tinubu’s declaration in August that Nigeria had “met and surpassed” its 2025 revenue target.

    He argued that increased revenue should translate to better public investment — particularly in education, healthcare and poverty-reduction programmes — not delayed obligations.

    The former Anambra governor warned that unpaid contracts result in business closures, job losses, family hardship and a dip in national productivity.

    He said a responsible government must honour its commitments if it expects citizens to trust its leadership.

    Latest articles

    Why tax laws, other reforms will push Nigerian economy growth rate to 4.4% in 2026 – World Bank

    The World Bank has explained that Nigeria’s new tax laws, prudent monetary policies, and...

    NELFUND MD Presents One-Year Progress Report to Nasarawa State Government, Engages Traditional, Human Capital Leaders

        The Managing Director and Chief Executive of the Nigerian Education Loan Fund...

    Ochetoha K’Idoma demands decisive military action after deadly Akpa Otobi attack

      Ochetoha K’Idoma, the apex socio cultural organisation of the Idoma Nation, has called on...

    Two more Rivers lawmakers join calls to drop impeachment against Gov Fubara

    Two more members of the Rivers State House of Assembly have called on their...

    More like this

    Why tax laws, other reforms will push Nigerian economy growth rate to 4.4% in 2026 – World Bank

    The World Bank has explained that Nigeria’s new tax laws, prudent monetary policies, and...

    NELFUND MD Presents One-Year Progress Report to Nasarawa State Government, Engages Traditional, Human Capital Leaders

        The Managing Director and Chief Executive of the Nigerian Education Loan Fund...

    Ochetoha K’Idoma demands decisive military action after deadly Akpa Otobi attack

      Ochetoha K’Idoma, the apex socio cultural organisation of the Idoma Nation, has called on...