For the second time in recent weeks, members of the Association of Indigenous Contractors have occupied the main entrance of the Federal Ministry of Finance at the Central Business District, Abuja. The protesters have vowed to remain until they receive a definitive commitment regarding the settlement of over ₦4 trillion in outstanding debts for projects completed across the country.
As of this morning, Monday, January 19, 2026, the ministry’s gates have been barricaded with heavy-duty vehicles and placards, preventing staff and the Minister of Finance from accessing their offices.
The contractors claim that the federal government has ignored their pleas for payment despite many of the projects being commissioned and currently in use.
The Debt Figure: The protesters estimate the total debt, spanning various ministries, departments, and agencies (MDAs), at ₦4.2 trillion, including accumulated interest on bank loans.
Bank Pressure: Many contractors reported that their properties are being seized by commercial banks due to their inability to service loans taken to execute the government contracts.
Inflationary Impact: The contractors argued that the “Renewed Hope” budget must prioritize the settlement of local debts to stimulate the economy rather than focusing solely on external debt servicing.
The blockade has caused significant disruption in the heart of the capital, as protesters issue ultimatum. Engr. Chidi Okafor, a spokesperson for the group has said:
“We are not here to fight; we are here to get what we have worked for. Some of our members have died from the stress of being hounded by banks. You cannot be commissioning roads and bridges while the people who built them are going hungry. We will not leave until we see a payment schedule signed by the Minister.”
Sources within the Ministry of Finance suggest that the government is currently conducting a “Forensic Audit” of all verified claims.
The Argument: The Ministry maintains that some of the claims are “padded” or related to projects that did not meet technical specifications.
Previous Payments: The government claims to have released over ₦500 billion in the last quarter of 2025 to settle part of the arrears, but the contractors insist this was a “drop in the ocean.”
A detachment of the Nigeria Police Force and the Civil Defence (NSCDC) has been deployed to the scene to ensure the protest remains peaceful. While no clashes have been reported, the atmosphere remains tense as the contractors have set up canopies and mobile kitchens, signaling their intent for a long-term sit-in.
