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Tinubu reaffirms $1 trillion economy target, orders review of public savings

Ihesiulo Grace 13 August 2025 0

President Bola Tinubu has restated his administration’s goal of building a $1 trillion economy by 2030, with a minimum annual growth rate of 7 percent by 2027. The president spoke on Wednesday as the federal executive council (FEC) approved a series of landmark policies and projects covering

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Tinubu appoints Dakas, Eugene to head Nigeria Law Reform Commission

Ihesiulo Grace 13 August 2025 0

President Bola Tinubu on Wednesday swore in Dakas C. J. Dakas as chairman and Uchenna Eugene as commissioner of the Nigeria Law Reform Commission. The ceremony, held at the council chambers of the State House before the federal executive council (FEC) meeting, is part of efforts to strengthen the commission’s work in reviewing and updating […]

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FG approves over N26bn for dam rehabilitation projects, launches ‘Nigeria First’ Economic Policy

Ihesiulo Grace 6 May 2025 0

At the Federal Executive Council (FEC) meeting held on Monday, several significant developments across multiple sectors were presented and approved. The session began with the introduction of key government officials present, including the Honourable Ministers of Finance, Works, Power, Health, and Agriculture, alongside the Permanent Secretary of the Cabinet Office. The

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FEC Approves Multi-Billion Naira Road and Infrastructure Projects

DailyTimesNGR DailyTimesNGR 3 March 2025 0

The Federal Executive Council (FEC) has approved four major infrastructure projects across Nigeria, including key road dualization projects and a new flyover to ease traffic congestion. The Minister of Works announced the approvals after the FEC meeting, highlighting a total investment of over N733 billion in critical road infrastructure. Among the approved projects is the

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There’s no FEC directive to step down inherited ongoing road projects – Umahi

Ihesiulo Grace 13 July 2024 0

By Ukpono Ukpong The Minister of Works, Engr. David Umahi, has debunked recent ‘misleading’ media reports suggesting that the Federal Executive Council (FEC) had stepped down inherited ongoing projects. Engr. Umahi, during a press conference held at the Ministry clarified that neither President Bola Tinubu nor the FEC had given any directive to halt these […]

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Petitioning the Nigerian Press Council, FEC deliberates on an alleged bogus story from Samoa

DailyTimesNGR DailyTimesNGR 11 July 2024 0

The Federal Executive Council FEC, met on Wednesday and discussed a report on the Samoa deal written by a national newspaper. The cabinet members strongly disapproved of the story. Following the FEC, the Minister of Information and National Orientation, Mohammed Idris, told reporters at the State House that a letter of complaint had already been […]

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FEC okays restructuring of N110bn Nigerian Youth Investment Fund

DailyTimesNGR DailyTimesNGR 26 March 2024 0

…N1.267 trillion for roads, bridges …approves ¥15 billion loan from Japan By Ukpono Ukpong The Federal Executive Council (FEC), has approved the restructuring of the N110 billion Nigerian Youth Investment Fund with additional provision for it. Addressing the State House correspondents at the end of the Council meeting, presided over by President Bola Tinubu at […]

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FEC approves construction of 700km coastal routes roads at N1.067tn

DailyTimesNGR DailyTimesNGR 27 February 2024 0

By Ukpono Ukpong The Federal Executive Council (FEC) has approved some of N1.067 trillion for the construction of 700 kilometres of roads across the country. This was made known by the Minister of Works, Engr. Dave Umahi, while briefing State House correspondents at the end of the Council meeting presided over by President Bola Tinubu […]

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FEC approves $4.7bn Ondo, Snake Island, Burutu ports development

Ihesiulo Grace 18 May 2023 0

The Federal Executive Council (FEC) has approved port development projects worth $4,713,841,477 in Delta, Ondo and Lagos States. The approval was given during the weekly FEC meeting presided over by President Muhammadu Buhari on Wednesday at the Presidential Villa, Abuja. Minister of State for Transportation, Prince Ademola Adegoroye, told State House correspondents that

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13 days to go: FEC approves N18.6bn for 3 ministers, 37 new private varsities

Ihesiulo Grace 16 May 2023 0

…deduction of 1% workers” salary for ECA By Ukpono Ukpong The Federal Executive Council (FEC) yesterday approved N18.6 billion for contracts in the ministries of Humanitarian Affairs, Aviation, and Transportation. Similarly, 37 more private universities were also given approval to complement existing ones in the country. Rising from the extraordinary FEC meeting

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FEC approves National Blockchain Policy

Ihesiulo Grace 4 May 2023 0

By Ukpono Ukpong The Federal Executive Council (FEC) yesterday approved the National Blockchain Policy in Nigeria. Addressing the State House Correspondents, after the Federal Executive Council (FEC), meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja, the Minister of Communications and Digital Economy, Isa Pantami said that Nigeria has

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FG approves N1.5trn for construction, and rehabilitation of over 700km roads

Ihesiulo Grace 20 April 2023 0

By Joy Obakeye The federal executive council (FEC) has approved the sum of N1.535 trillion for the construction and rehabilitation of eleven roads across the country. The construction would be enabled under the Nigerian National Petroleum Company Limited (NNPCL) tax credit scheme. Speaking on after the council meeting, Babatunde Fashola, the minister of works and […]

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FEC approves N1.535tn for road construction, citizenship to 385 foreigners

Ihesiulo Grace 20 April 2023 0

BY UKPONO UKPONG The sum of N1.535 trillion has been approved for the construction and rehabilitation of eleven roads across the country by FEC, under the Nigerian National Petroleum Company Limited (NNPCL) Tax Credit Scheme. The Federal Executive Council (FEC) gave the approval yesterday during the weekly briefing chaired by the Vice President Yemi Osinbajo, […]

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FG boosts security in NRC system with N495m

Ihesiulo Grace 13 April 2023 0

By Ukpono Ukpong The Federal Executive Council (FEC) yesterday approved the contract sum of N495 million for scanners to be installed at railway stations nationwide. This was disclosed by the Minister of State for Transportation, Ademola Adegoroye while briefing State House correspondents after the Federal Executive Council meeting chaired by the Vice President, Yemi

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FEC okays N15.3bn for census ICT digital devices

Ihesiulo Grace 6 April 2023 0

Meanwhile the Federal Executive Council (FEC) yesterday approved two contracts worth N15.3 billion for the supply and installation of Information and Communication Technology (ICT) components as well as digital assistance devices for the 2023 population census. Addressing State House Correspondents after the Federal Executive Council (FEC) meeting presided over by

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FEC approves N95.98bn for roads, N59.78bn for Ogoni cleanup works

Ihesiulo Grace 30 March 2023 0

By Ukpono Ukpong The Federal Executive Council (FEC), yesterday approved approved two major contracts for the construction of a Centre of Excellence for environmental restoration Wiiyaakara in Kana Council Area of Rivers State and a 100-bed specialist hospital in Ogoni. This was disclosed by the Minister of Environment, Mohammed Abdullahi, while addressing State House

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FEC approves N13bn Life Insurance for Police personnel

Ihesiulo Grace 22 December 2022 0

.Says FG can’t deliver Eastern railway corridor before end of Buhari administration By Ukpono Ukpong The Federal Executive Council (FEC) yesterday approved at least N13.32bn for life assurance packages for 318,319 personnel of the Nigeria Police Force from October 26, 2022 to October 26, 2023. Addressing State House correspondents after the FEC meeting chaired by […]

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FEC okays over N10.96bn for contracts in Education ministry, FRSC vehicles

Ihesiulo Grace 17 November 2022 0

By Ukpono Ukpong The Federal Executive Council (FEC), yesterday, approved contracts worth over N10, 956,074,320 for projects in the Ministry of Education, as well as for the Federal Road Safety Corps (FRSC) Addressing State House Correspondents after the FEC meeting, presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja, the Minister of Education,

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FCT security: FEC approves N2.6bn for utility vehicles, gadgets

Ihesiulo Grace 4 August 2022 0

By Ukpono Ukpong As part of efforts to further secure lives and property in the Federal Capital Territory, the Federal Executive Council (FEC), has approved the purchase of operational vehicles and various security equipment to support security agencies in the FCT. The FCT Minister, Malam Muhammad Bello who disclosed this at the end of the […]

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FG okay $1.48 billion for rehabilitation of Kaduna, Warri refineries

Ihesiulo Grace 5 August 2021 0

The Federal Executive Council (FEC) has approved $1.4 billion for the $1.48 billion renovations of the Warri and Kaduna refineries. The decision was made at the council’s weekly meeting, with $897 million set aside for the Warri refinery and $586 million set out for the Kaduna refinery. According to NAN, the Minister of State for […]