FEC Okays N47.2bn To Boost Electricity Supply     The Federal Executive Council on Wednesday approved N47.2bn to boost power supply in the country. It will supply additional 40 megawatts of power to the national grid, according to the Minister of Power, Mr Sale Mamman. He told State House...

FEC Okays N43bn For Road, Agricultural Projects   The Federal Executive Council (FEC) on Wednesday approved N43.3 billion for a road and various agricultural projects across the country. The Minister of Works and Housing, Mr Babatunde Fashola (SAN) and Minister of Agriculture and Rural Development, Alhaji Sabo...

FG Okays $2.571bn Loan Facility For Gas Pipeline   The Federal Government wednesday approved the issuance of $2.571 loan facility classified as a sovereign guarantee to fund what it described as engineering procurement and construction (EPC) contract for the Ajaokuta-Kaduna-Kano gas pipeline project. Briefing journalists at the...

Fed Govt Awards N29.2bn Roads To Niger Republic Borders   The Federal Executive Council on Wednesday approved the award of two roads contracts linking Nigeria’s borders with the Republic of Niger, totalling N29.2bn. President Muhammadu Buhari, presided over the FEC meeting held at the Presidential Villa, Abuja. One...

FEC Okays N318m For NDDC Forensic Audit   The Federal Executive Council (FEC) on Wednesday approved a contract of N318 million to engage the firm of Olumuyiwa, Bashir and Co. Ltd as Lead Consultant for the forensic audit of the Niger Delta Development Commission (NDDC). The Minister...

FEC Okays N65.9bn For Road Projects     The Federal Executive Council (FEC) has approved the sum of N65.9 billion for road projects across the country. Minister of State for Works and Housing, Abubakar Aliyu, told State House correspondents on Wednesday after the Federal Executive Council (FEC) meeting...