Nigeria, May 7 -- The Federal Government has commenced discussions with contractors over outstanding payments owed for capital projects, in a move aimed at addressing long-standing obligations and restoring confidence in public sector commitments.

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this on Wednesday in a post shared on his official X page following a meeting held on Monday, 4 May, with members of the All-Indigenous Contractors Association of Nigeria.

According to the minister, the meeting focused on developing a fair, transparent, and structured approach to resolving the outstanding liabilities amid current fiscal realities.

Senior government officials at the meeting included the ...