FEC Okays N6.2bn For Six Electricity Projects       The Federal Executive Council yesterday approved contracts worth $8.29m as well as N3bn for the execution of various electricity projects across the nation. The Minister of Power, Saleh Mamman, said the projects, most of which are procurement of equipment...

Fed Govt Plans More Borrowing From Domestic Sources       The Federal Executive Council at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020 to 2023. The strategy allows the government to borrow more from domestic sources. The Debt Management...

FEC Approves National Quality Policy For Exports       The 31st virtual Federal Executive Council (FEC) presided over by President Muhammadu Buhari has approved the National Quality Policy to stop the rejection of Nigerian exports. Minister of Industry Trade and Investment, Niyi Adebayo, who briefed State House Correspondents...

FERMA Gets N8.1bn From FG To Repair Ten Roads       The Federal Executive Council on Wednesday approved a total of N8.1bn for the Federal Roads Maintenance Agency to carry out emergency repairs of 10 roads across the country. The Minister of Works and Housing, Babatunde Fashola, disclosed...

Nigeria Reopens Land Borders       The Federal Executive Council (FEC) has approved the reopening of four land borders with immediate effect. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, who disclosed this after the 28th virtual FEC meeting, said other borders would be reopened...

FEC Approves N59.35bn For Aviation, Roads Projects         The Federal Executive Council (FEC) on Wednesday approved N59.350 billion for roads and aviation projects across the country. Three ministers – Babatunde Fashola (Works and Housing), Alhaji Lai Mohammed (Information and Culture), on behalf of Senator Hadi Sirika (Aviation)...