The Federal Government has processed payments exceeding ₦700 billion in verified obligations owed to local contractors, as part of efforts to clear long-standing debts and inject liquidity into the economy. The Federal Ministry of Finance disclosed this on Monday, June 8, 2026, in a statement issued by its Director of Information and Public Relations, Efe Ovuakporie. According to the ministry, about ₦436.6 billion was processed in May alone, while payments had also been approved for more than 1,240 contractors across Ministries, Departments and Agencies. The ministry said the payments were approved by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, after a verification and reconciliation exercise to ensure that only duly validated claims were paid. It said the latest disbursements were part of the government’s efforts to address inherited payment obligations, especially debts affecting indigenous contractors, small businesses and medium-size...
The Independent National Electoral Commission (INEC) has released a list of candidates contesting bye-elections on the platforms of various political parties. List released in a statement on Monday, is for the bye-elections across various senatorial districts and federal constituencies scheduled for June 20, 2026. The bye-elections will be held in Ondo South senatorial district, Nasarawa North, Rivers South East, Enugu North, Kebbi State House of Assembly (Zuru Constituency) and Dawakin Kudu/Warawa Federal Constituency of Kano State. 1. Ondo South Senatorial District • Adesanya Olaoluwa — APP • Faduyile Francis Adedayo — APC • Akinwumi Adeolu Harrison — APM • Nejo Funso Clement — BP 2. Nasarawa North Senatorial District • Halilu Danladi Envwulu-Aza — APC • Maku Labaran — LP • John Paul Araneshri — NNPP • Emmanuel David Ombugadu — PDP 3. Rivers South East Senatorial District • Douglas Fabeeke Beeka — AA • Osarosaka Ebenezer Erewari — APC • Sam Kinanee Barikpoa — LP • Nwogu O...