President Bola Tinubu has established a seven-member inter-ministerial committee to address the N4 trillion debt owed to 2,000 contractors. The initiative targets resolution of outstanding payments to federal project executors.
President Bola Tinubu constituted a 7-man inter-ministerial committee on December 10, 2025, specifically to resolve the N4 trillion debt owed to 2,000 contractors. This step addresses long-pending obligations from government contracts. The committee draws members from multiple ministries to oversee the debt settlement process. No further details on membership or exact procedures were provided in the announcement. The move highlights ongoing efforts to manage fiscal liabilities in Nigeria's public sector.
