Reps raise alarm over n300bn owed contractors #

It seems like you're referring to a news article about the Nigerian government owing contractors a significant amount of money. Here's a possible summary:

The Reps (Representatives) have raised an alarm over the N300 billion owed to contractors by the Nigerian government. According to reports, the contractors have been waiting for payment for their services rendered to the government, but the funds have not been released.

The Reps are concerned that the delay in payment may lead to a collapse of the construction industry in the country. They are calling on the government to take immediate action to settle the outstanding debts to prevent further damage to the industry.

The issue of outstanding debts to contractors is not new in Nigeria. It has been a recurring problem that has affected the country's infrastructure development and economic growth. The government has been criticized for its slow payment of debts to contractors, which has led to a lack of trust and confidence in the system.

The Reps are urging the government to prioritize the payment of outstanding debts to contractors to prevent further delays and ensure the smooth execution of projects. They are also calling for a review of the payment system to prevent similar situations in the future.

It's essential for the government to take immediate action to address this issue and settle the outstanding debts to contractors. This will not only help to prevent further delays in the execution of projects but also boost the confidence of contractors and investors in the country's economy.