FEC Approves 2021-2023 MTEF, Projects N12.66trn 2021 Budget   The Federal Executive Council on Wednesday approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper with N12.66tn budget projection for each of the three fiscal years. The approval was given at a virtual meeting of the...

FEC Approves Over N137bn For Construction Works     The Federal Executive Council (FEC), yesterday, approved various civil works worth above N137 billion across the six geopolitical zones of the country. Addressing State House Correspondents, Ministers of Works and Housing, and his Information and Culture counterpart, Mr Babatunde...

FEC Okays N2.3trn Stimulus Plan     The Federal Executive Council on Wednesday approved the N2.3tn stimulus plan proposed in the Nigeria Economic Sustainability Plan designed to support the nation’s economy in the face of the disruptions and challenges of the COVID-19 pandemic. The plan was designed by...

How FEC, Presidency Approved N7bn Agric Building, Fresh Documents Reveal Following the query issued to a former Permanent Secretary in the Federal Ministry of Agriculture and Rural Development, Dr Mohammed UmarBello on the purchase of a N7 billion building for the ministry, emerging evidence has...

Customs Get Approval To Spend N623.7m On Computers     The Federal Executive Council on Wednesday approved N623.7m for the Nigeria Customs Service to buy computers for its zonal and area commands. The council also approved N2.92bn for the construction of the Nigerian Oil and Gas Parks Scheme...

FG Okays N479bn For Agric Mechanization, N47.9bn For Others   The Federal Executive Council (FEC) on Wednesday approved a $1.2 billion loan facility to finance the mechanisation of agriculture nationwide. This is even as the Council also approved N683 million for the Nigerian Ports Authority for the...