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FEC Approves Over ₦890bn for Fresh Road Projects Nationwide

FEC Approves Over ₦890bn for Fresh Road Projects Nationwide   The Federal Executive Council (FEC) has approved more than ₦890 billion for the execution and review of several major road projects across the country, in line with President Bola Ahmed Tinubu’s commitment to his administration’s Renewed...

Again, Tinubu Orders Measure to Tackle Food Inflation

President Bola Tinubu has ordered a Federal Executive Council committee to move swiftly on measures to further reduce food prices across the country.

NNPC Confirms Dangote’s N11bn Crude Oil Purchase in July

NNPC Confirms Dangote's N11bn Crude Oil Purchase in July   The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was contained in an internal document...

Abuja-Lagos 470km Superhighway to Cost $5bn – Contractors

Abuja-Lagos 470km Superhighway to Cost $5bn - Contractors The contractors of the proposed 470-kilometre Abuja-Lagos Greenfield superhighway have revealed that the sum of 5 billion dollars would be earmarked for the construction of the project. The Minister of Works, David Umahi, had said the proposed project...

FEC Approves $125m IsDB Loan for Abia’s Infrastructure Development

FEC Approves $125m IsDB Loan for Abia’s Infrastructure Development Abia State Government has received approval from the Federal Executive Council (FEC) for a $125 million loan from the Islamic Development Bank (IsDB) to fund its Integrated Infrastructure Development Project. The announcement was made by Mr. Ukoha...

FEC Approves N900bn to Upgrade Aviation Infrastructure

The federal executive council (FEC) has approved contracts worth over N900 billion for infrastructure upgrades in the country’s aviation sector.