How Delayed Contractor Payments Are Choking Nigeria’s Economy
Let’s be frank. Under the Renewed Hope Agenda, building roads is commendable. But infrastructure alone does not grow an economy. Roads matter, yes. But cash flow powers businesses. Government awards contracts and projects are completed. Yet payments are delayed or withheld. When local contractors go unpaid, small businesses collapse, workers lose jobs and families lose income. Mr President, you risk losing credibility if verified debts remain unsettled. To revive growth, clear existing contractor payments, secure funding before awarding new contracts and protect SMEs. Pay contractors now or watch our economy choke.
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