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Federal Executive Council (FEC)

ASUU President Calls on FEC to Tackle Economic Hardship and University Rot

The President of the Academic Staff Union of Universities (ASUU), Prof. Christopher Piwuna, has made a passionate appeal to the Federal Executive Council (FEC) to urgently address the severe economic hardship facing Nigerians. Speaking in Abuja on Wednesday during the official unveiling of the 2025 agreement between the Federal Government and ASUU, Prof. Piwuna urged […]

FG Plans N17.89tn New Loans to Finance 2026 Budget

budget

The Federal Government is pushing to secure N17.89 trillion in new loans to finance the 2026 budget, a move necessitated by a widening fiscal deficit and revenue shortfalls. According to the 2026 Abridged Budget Call Circular released by the Federal Ministry of Budget and Economic Planning, the proposed borrowing figure represents a sharp 72 percent […]

FEC approves Finance Bill 2020 to support 2021 Budget

Minister for Finance, criteria

The Federal Executive Council (FEC) has approved the Finance Bill 2020 meant to support the smooth implementation of the 2021 budget. The Council approved the bill at its 24th virtual meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja on Wednesday. Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, told […]

FEC approves N515m for completion of Duguba Dam in Adamawa

Buhari

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, on Wednesday in Abuja, approved N515 million for the completion of an Earth Dam in Hong Local Government Area of Adamawa State. The Minister of Water Resources, Alhaji Suleiman Adamu, made this known when he briefed State House correspondents on the outcome of the […]

Osinbajo presides over FEC meeting

Osinbajo

Vice President Yemi Osinbajo on Wednesday presided over the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja. President Muhammadu Buhari, at present, is in Riyadh, Saudi Arabia, attending the third edition of the Future Investment Initiative (FII) organised by Saudi’s Public Investment Fund (PIF). Buhari will also proceed to Makkah after the three […]

There is no harm in introducing communications tax, says FIRS boss

Fowler Tunde says no harm in communications tax

Following the decision of the Nigerian Senate to levy a 9 per cent communication service tax on Electronic Communication Services, the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has said that there was no harm in introducing the tax. He also went ahead to berate Nigerians for reacting to the decision of […]

FEC okays N1.4bn for consultancy service

Vice President Yemi Osinbajo

Mathew Dadiya, Abuja The Federal Government on Thursday approved the sum of N1, 410, 207.104 billion for consultancy services in two ministries. The approvals made during the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the Council Chamber of the State House, Abuja; were contained in four different memos presented […]