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BREAKING: FEC approves N623m for customs

The Federal Executive Council on Wednesday approved N623.7 million for the Nigeria Customs Service to buy computers for its zonal and area commands. The Minister of Information and Culture, Mr Lai Mohammed, gave the information at the end of the virtual FEC meeting on Wednesday. “The Minister of Finance presented a memo for the award […]
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Nigeria can generate up to 13,000 megawatts of electricity but … – Mamman

The Federal Executive Council (FEC) on Wednesday resolved to address the problems facing the nation’s power sector to boost electricity supply across the country. The Minister of Power, Malam Sale Mamman, made this known when he briefed State House correspondents on the outcome of the Council meeting, presided by President Muhammadu Buhari, at the Presidential […]
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FEC approves 2019-2021 MTEF/FSP

…Pegs oil benchmark at $60, 2.3m bpd, exchange rate at N303/$1 …Okays $1.5m AfDB loan for Lagos-Abidjan Highway The Federal Executive Council (FEC) has approved the 2019 to 2021 Medium Term Expenditure Frameworks (MTEF) and Fiscal Strategy Paper (FSP). The projection, according to the Minister of Budget and National Planning, Sen. Udoma Udo Udoma, would […]
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FEC approves $64.2m for Escravos power project

The Federal Executive Council (FEC) on Wednesday approved 64.2 million dollars for power supply project to communities within Escravos area of Delta State. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu disclosed this while briefing State House correspondents after FEC meeting presided over by the Vice President, Prof. Yemi Osinbajo, in the Presidential
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FG adds 9,400 beneficiaries to N-power scheme

The Federal Government has added another 9,400 beneficiaries to the N-power scheme under the Social Investment Programme, SIP. Addressing State House correspondents after the FEC meeting yesterday, Zaynab Ahmed, the Minister of State for Budget and National Planning, said the SIP had up to 9.76 million beneficiaries at the moment. The minister said the N-power […]
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FG orders full audit of Dana Air operations

Approves N114m for repairs of burnt Marina, Iddo bridges The Federal Government has approved the full audit of Dana Air operations in the country, following the two different incidents that occurred at Nnamdi Azikiwe International Airport, Abuja and that of Port Harcourt International Airport, Rivers State. The order was given on Wednesday by the Federal […]
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Wednesday’s FEC meeting postponed

The meeting of the Federal Executive Council (FEC) will not hold on Wednesday, February 28, according to a statement by media and publicity adviser, Femi Adesina. He said the meeting was shelved because of the participation of President Muhammadu Buhari and a significant number of ministers at the High-Level Meeting of the International Conference on […]