The Indigenous Contractors Association of Nigeria (AICAN) has accused the Federal Government of misrepresenting facts on outstanding liabilities and warned that prolonged payment delays are pushing its members into severe financial distress.
The association said hundreds of contractors now risk losing properties and equipment to banks, microfinance institutions, and private lenders after taking loans to execute government projects that remain unpaid.
The communiqué, signed by Jackson Ifeanyi, President of the Association of Indigenous Contractors of Nigeria, after an emergency meeting in Abuja, AICAN disclosed that while payment warrants for February and March 2025 have been transmitted, those covering April to July are still pending. The group insisted that contrary to government claims, many projects completed since 2024 have yet to be uploaded or settled.“To debunk the misinformation regarding the payment of outstanding 2024 liabilities by the government, we reiterate strongly that government must henceforth honour local agreements with the same commitment and promptness as those entered into with foreign contractors,” the communiqué stated.
It described as unfair and unjust the continued delay in payments, which it said were being tied to the August FAAC allocations, despite contractors struggling for more than a year under the weight of debt.
“We also question what has been happening to FAAC allocations since January to date?” the association queried.
Protest Suspended, Patience Wearing Thin
While confirming that a nationwide protest earlier planned has been suspended, the association cautioned that its patience is fast running out. It demanded the immediate release and cash backing of April, May, June, and July warrants.
The communiqué further urged government to provide firm guarantees for contractors who are still completing 2024 projects, ensuring they will be paid once they deliver.
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“It is unjust to tie down hardworking Nigerians who risked their hard-earned properties to bank loans while government payments remain outstanding. The government must urgently intervene to restore confidence in the contracting process,” the statement emphasized.
The communiqué concluded with an appeal to government for “unwavering support and commitment” to local contractors, warning that peaceful protests will proceed if the issues remain unresolved.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
