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Govt Concludes Work On 2019 Budget, FEC Gets Document Soon

Govt Concludes Work On 2019 Budget, FEC Gets Document Soon   President Muhammadu Buhari may present the 2019 Appropriation Bill to the National Assembly later this month, The PUNCH has learnt. Our correspondent learnt on Sunday that work on the fiscal document had reached an advanced stage...

FEC Approves $64.2m for Escravos Power Project

FEC Approves $64.2m for Escravos Power Project Nigeria’s Federal Executive Council (FEC) has approved 64.2 million dollars for power supply project to communities within Escravos area of Delta State. Dr Ibe Kachikwu, the Minister of State for Petroleum Resources, disclosed this while briefing State House correspondents...

FG Approves N17bn for Petroleum Products Tracking Technology

FG Approves N17bn for Petroleum Products Tracking Technology The Federal Executive Council (FEC) has approved N17 billion for installation of technology for tracking and monitoring petroleum products under the Petroleum Equalization Fund (PEF) and revised contract for the construction of headquarters for Nigerian Content Development...

Lawyers Get N500m Over MTN’s fine

Lawyers Get N500m Over MTN’s fine The Federal Executive Council (FEC) has approved the payment of N500 million legal fees to lawyers for the recovery of N330 billion fine from the Mobile Telecommunications Network (MTN). MTN was fined by the Nigerian Communications Commission (NCC) in 2017...

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting   The Federal Executive Council (FEC) ‎in their extraordinary meeting Wednesday approved N377.53 billion for the development of infrastructure, which includes roads, power, education, water and health among others across the country. This is coming barely few days...

Buhari in High Spirit, Recovering Fast- Osinbajo

Acting President Yemi Osinbajo has said that President Muhammadu Buhari is in good spirit and recuperating very fast. He made the disclosure to State House correspondents just before entering the Council Chamber to start the weekly Federal Executive Council (FEC) meeting. Osinbajo, who left Nigeria on...