Senate Committee Frowns on Lopsided Contract Payment

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06832e64 shehu sani Senate Committee Frowns on Lopsided Contract Payment
Shehu-Sani

The Senate Committee on Local and Foreign Debts has frowned on what it described as lopsided payment to local contractors.

The Chairman of the committee, Senator Shehu Sani, made the remark when the Ministry of Finance and Debt Management Office appeared before the committee for their budget defence.

Sani expressed concern that the debt repayment to a contractor from a particular region of the economy was more than all others put together.

He further noted that there were complaints that some local contractors who executed projects recently were allegedly being considered for payment, while some who were owed for about 10 years were not considered.

He requested explanation from the Ministry of Finance on the criteria used in carrying out such payment.

“Budget defence is an integral part of the budgetary process and works by powers conferred by the constitution.

“It is to enable the committee to evaluate the performance of the…



Source: Thisday Newspaper