REMA BECOMES FIRST AFRICAN ARTIST ON ROLLING STONE COVER. (PHOTO).

Senate President Godswill Akpabio has slammed the single payment system, calling it a major roadblock to Nigeria's economic growth. During Thursday's plenary session, Akpabio expressed concerns that the system is hindering progress and urged for its immediate abolition.
Akpabio emphasized the need for a complete overhaul of the system to streamline economic operations and prevent further delays in the nation's growth. Lawmakers have criticized the centralized payment policy, which requires over 700 Ministries, Departments, and Agencies to process payments through a single office.
This policy has led to inefficiencies, delayed project completions, and diminished public trust, particularly in constituencies expecting critical infrastructure projects. The Senate's criticism highlights the need for a more efficient and effective payment system to support Nigeria's economic development.
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