FG APPROVES PAYMENTS TO 1,240 LOCAL CONTRACTORS

The Federal Ministry of Finance has approved payments to more than 1,240 contractors, providing immediate liquidity support to businesses across the country and reinforcing the Federal Government’s commitment to meeting its financial obligations. The approval, granted by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, follows a diligent verification and reconciliation undertaken by the Ministry to ensure that only duly validated obligations qualify for payment. The payments cover contractors across various Ministries, Departments and Agencies (MDAs) and represent a significant step in addressing long-standing…

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