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The Federal Government of Nigeria has pledged to settle all verified outstanding debts owed to contractors who have fulfilled contractual obligations for various Ministries, Departments, and Agencies (MDAs).

This assurance was given by the Office of the Accountant General of the Federation (OAGF) through a statement released in Abuja on Wednesday by its spokesperson, Bawa Mokwa.

The OAGF emphasized that strict procedures govern how contracts are awarded and carried out, warning that no payments will be processed for any agreements that bypass due process or fall short of the required standards.

“The government has records of contracts executed by MDAs and is meticulous in the payment for these contracts to guarantee value for money spent. Efforts are underway to pay for contracts duly awarded and completed according to specifications,” the OAGF said.

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The announcement follows concerns raised on Tuesday by a senator, who criticized the federal government for failing to pay contractors since the beginning of 2024.

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