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Nigerian minister demands contractors use stalled funds or lose future payments, citing waste and unethical practices.
Nigerian Minister of Works, Sen. Dave Umahi, has ordered contractors holding unused advance payment guarantees (APGs) for years to resume work or face forfeiture of future payments.
He condemned the practice of keeping federal funds in banks while requesting new disbursements, calling it unsustainable and unethical.
Umahi stated the ministry will no longer approve payment requests from contractors with unspent funds, emphasizing accountability, transparency, and proper use of public resources in infrastructure projects.
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El ministro nigeriano exige a los contratistas que utilicen los fondos estancados o perderán los pagos futuros, citando el desperdicio y las prácticas poco éticas.