DEBT SHOWDOWN: FINANCE MINISTRY, CONTRACTORS LOCK HORNS OVER UNPAID BILLIONS

Fresh tension has erupted between the Ministry of Finance and government contractors over the issue of outstanding debts owed for completed projects and services.
Contractors have accused the government of delaying payments despite fulfilling contractual obligations, warning that the situation is crippling businesses, threatening jobs, and slowing economic activities.
Some affected firms claim they have been waiting for months, and in some cases years, to receive payments for projects executed on behalf of government agencies.
On its part, the Finance Ministry is reportedly reviewing outstanding claims and verification processes, insisting that payments must follow due procedures to prevent irregularities and protect public funds.
The dispute has reignited concerns about the impact of unpaid government obligations on the private sector, with stakeholders calling for a swift resolution to avoid further economic strain.
Industry groups have urged authorities to clear verified debts, arguing that timely payment would boost investor confidence, support businesses, and stimulate economic growth.