FG Approves N654m To Track Down Illegal Spectrums         The Federal Government on Wednesday approved N653.89m for the purchase and deployment of spectrum monitoring system for the southeastern part of the country. The decision was taken at a meeting of the Federal Executive Council presided over by...

FEC Okays N1.6bn For Proposed Abuja Runway     The Federal Executive Council has approved the sum of N1.6bn for consultancy services for pre-contract services for the design and construction of a second runway at the Nnamdi Azikwe International Airport, Abuja, with a completion period of 12...

FEC Okays N200bn Loan For BoI   The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the Credit Suisse AG London Branch and a syndicate of international lenders as collateral for 500m Euro facility to the...

Absence Of Cabinet Hinders Afam, Yola Power Firms Sale The failure of President Muhammadu Buhari to constitute the Federal Executive Council is stalling the conclusion of the sale of Afam Power Plc and the Yola Electricity Distribution Company, an investigation has shown. Members of the National...

FEC Divided On Nigeria Air, Says Amaechi The Federal Executive Council is divided on the modality for the establishment of the proposed national carrier called Nigeria Air, the Minister of Transportation, Rotimi Amaechi, announced on Thursday. Amaechi, who disclosed this during his valedictory press briefing in...

FEC Okays N35.94bn For Road Projects In 6 States   The Federal Executive Council has approved road contracts worth N35.94bn in six states of the federation, the Federal Ministry of Power, Works and Housing announced on Sunday. It was learnt that the latest award brought to a...