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FEC Okays N10.2bn Projects For Water resources, Aviation, Presidency

FEC Okays N10.2bn Projects For Water resources, Aviation, Presidency         The Federal Executive Council (FEC) has approved N10.168 billion for the execution of projects under the ministries of Water Resources, Aviation as well as two agencies under the Presidency. The virtual FEC, which was presided over by...

FEC Okays N6.2bn For Six Electricity Projects

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...

FERMA Gets N8.1bn From FG To Repair Ten Roads

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...

FG Okays N87.5bn Contracts For Roads, Bridge

FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the country. The amount approved included the cost variation for two existing road contracts. The Minister of the Federal Capital Territory, Muhammed Bello;...

W/Bank Projects Oil Price Of $44 In 2021

W/Bank Projects Oil Price Of $44 In 2021       The World Bank has said that oil prices won’t be rising much next year either, but would average $44 per barrel, saying that prices will not recover to pre-pandemic levels at least until 2022. In its semi-annual Commodity...

FG Begins Application For N75bn Youth Investment Fund

FG Begins Application For N75bn Youth Investment Fund       The Minister of Youth and Sports Development Minister, Mr Sunday Dare, on Thursday, inaugurated the application for the Nigeria Youth Investment Fund in Abuja. This was disclosed in a statement titled ‘Minister flags off application for Nigeria Youth...