Tags FEC

Tag: FEC

CBN’s request to renovate National Theatre with N21b approved by FEC

“The CBN and banker’s committee are willing to invest N21.894 billion to renovate, refurbish and commercialization (run it profitably) of the national theatre complex. The MoU has a life span of 21 years after which it will revert back to government.”

FEC Okays N33.1bn for roads, railway, e-government

The Federal Executive Council, FEC, on Wednesday approved over N33.1 billion for the award of contract for the reconstruction of Apapa-Oworonsoki-Ojota Phase Section 2, and the dualisation of Kano-Maiduguri road.

FEC approves $2m for West African Power

The Federal Ministry of Power today (Wednesday), presented a memo to council seeking approval for Nigeria’s contribution to the 2020 budget of the West African Power Pool (WAPP), it is a specialized agency of ECOWAS.

FEC approves reconstruction of Port Harcourt – Maiduguri railway

The Port Harcourt to Maiduguri narrow gauge railway will have new branch lines: from Port Harcourt to Bonny and from Port Harcourt to Owerri are new lines.

FEC approves establishment of Agency for management of recovered assets

The Federal Executive Council, FEC, has approved the transmission of a Proceeds of Crime Recovery and Management Agency Bill to the...

FEC approves N5.49 bn variation for Federal Secretariat, FCT Dam projects

The Federal Executive Council, FEC. on Wednesday approved a total of N5.49 billion for revised costing of federal secretariat projects in...

FEC agrees to N8.49bn for purchase of Covid-19 testing kits

The approval was given at the virtual council meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.

FEC Approves N2.3tn package to stimulate economic growth

The Federal Executive Council (FEC) Wednesday approved N2.3 trillion sustainability package, recommended by the Economic Sustainability Committee chaired by Vice-President Yemi...

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Foreigner who ‘sells’ guns to bandits arrested in Zamfara

Four other suspects were also paraded for their alleged involvement in banditry, kidnapping, cattle rustling, and illegal possession of firearms.

Always feel free to ask Nigeria for help, Buhari tells Chadian President

President Buhari in a statement issued by his Special Adviser on Media and Publicity, Chief Femi Adesina said, “We are bound together by culture and geography, and we will help in all ways we can.”

Nigeria experienced decline in remittance inflow by 28% in 2020 ― World Bank

“The decline in flows to Sub-Saharan Africa was almost entirely due to a 28 per cent decline in remittance flows to Nigeria.

National grid restored after system collapse – TCN

Power was restored to the transmission stations a day after TCN announced that the nation’s electricity grid had suffered a system collapse, leading to a power outage in various parts of the country.